Skip Your December Loan Payment

By Priority Trust | November 5, 2025

Give yourself more flexibility during the holidays. With Priority Trust's Skip-A-Pay, you can defer your loan payment from December to January. That means more cash in your account for the season, exactly when you want it.

HOW IT WORKS:

  • Complete the Skip-A-Pay request form on the bottom of this letter.
  • Choose a payment option. There is a $35 processing fee for each loan skipped. (Fee must be paid before your skip request will be processed.)
  • Request by November 30th to have your December relief in place.

When approved, we move your December payment to January. If your payments are automatically deducted, that amount goes into your savings account instead. Your loan term extends by one month, and your regular payment schedule resumes in January.

Please submit your Skip-A-Pay request only once. Multiple submissions will cause delays in processing your Skip-A-Pay request. If your submission is incomplete or denied, a credit union representative will contact you.

Holiday Skip-A-Pay Form

"*" indicates required fields

Step 1 of 2

This field is for validation purposes and should be left unchanged.
Name*
Payment Processing*
Please select the PTCU account you’d like to use to pay the $35 fee for each loan skipped. (Funds will be taken from your PTCU account. If funds are not in your PTCU account, it may cause a delay or failure to process.)
Requested Loan*
Loan ID
Loan Balance
 
Click the + to add more loans you’d like to skip, up to 4 loans. Loan balance my be approximate.
Clear Signature
Authorization*

By submitting this form, you authorize Priority Trust Credit Union to defer your loan payment for one month, moving your loan due date to the following month. Interest will continue to accrue on your loan balance during the deferred payment period. Monthly credit insurance and debt protection charges will also continue to accrue. You must be in good standing and your loan must have been made on or before August 1, 2025.
This service is not available for shared secured loans, certificates, lines of credit, mortgages, home equity loans, home improvement loans, credit cards, member appreciation loans, seasonal loans, Plus More loans, or Rate Genius loans. Additionally, loans paid through disability insurance or debt protection are ineligible for this program.
A non-refundable fee of $35 per loan skipped must be submitted at the time of application, or your application will be denied. Skipped payments cannot be consecutive, and you may skip a payment on the same loan only twice per calendar year. The number of payments skipped is determined by your payment frequency.
Payment processing will vary according to the method by which you remit loan payments. For members paying by cash or through automatic transfer from a Priority Trust savings or checking account, the payment due date will move to the following month. For members enrolled in payroll deduction, payment funds will be deposited directly into the member's share savings account during the following month. For members utilizing bill pay services, the member is responsible for canceling the applicable payment during the deferred month. For members paying through ACH or automatic transfers from another financial institution as arranged through Priority Trust Credit Union, no withdrawal will occur until the following month.

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