Skip Your December Loan Payment

By Priority Trust | October 28, 2026

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.
Signature*
Authorization*

By submitting this form, you authorize Priority Trust Credit Union to extend your loan term by one month. Interest will continue to accrue on the loan balance during the skipped payment period. This deferral is available for loans in good standing made on or before August 1, 2026. The following loans are not eligible: share secured loans, certificate loans, mortgages, home equity loans, home equity lines of credit (HELOC), home improvement loans, smart-e loans, credit cards, Priority Access Loans, seasonal loans, holiday loans, member appreciation loans, Plus More loans, and Rate Genius loans. Automatic payments set up by Priority Trust Credit Union will be paused for the skipped month. If you set up your loan payment yourself, such as through bill pay or an online payment service, you are responsible for canceling or pausing the payment for the deferred month. A non-refundable fee of $35 per loan is required at the time of submission. Applications without payment will be denied. Skipping a payment does not alter your original loan terms. Monthly credit insurance and debt protection charges will continue to accrue. One calendar month of payments will be skipped, regardless of your payment frequency. Skipped payments may not be consecutive, and you may skip a payment on the same loan no more than twice per calendar year. Loans paid through disability insurance or debt protection are not eligible.

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