Skip Your Winter Loan Payment

Update Nov 30: The deadline to skip your December 2023 Payment has passed

Feeling the holiday budget pinch? Don't worry, we've got a solution for you! Priority Trust Credit Union is excited to present our Holiday Skip-A-Pay!

This holiday season, give yourself the gift of financial ease by choosing to skip your loan payments for either December 2023 or January 2024. It's our way of helping you enjoy the season to the fullest!

Here's how it works:

  1. Complete the Skip-A-Pay Request Form
  2. 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.)
  3. If you wish to skip your December payment, the request is due by November 30th; and for skipping your January payment, the deadline is December 28th.

It’s really that simple!

When approved, we’ll move your loan due date forward by one month. If your loan payments are automatically deducted, your regular payment amount will be deposited into your share account. Interest on your loan will continue to accrue at the rate originally stated, and the maturity date on the loan may be affected. Your normal payment schedule will resume the following month.

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.

2023 Winter Skip-A-Pay

"*" indicates required fields

Step 1 of 2

Payment Processing*
Please select from which account you would like to pay your $35 per loan processing fee. (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.)
Which month's payment would you like to skip?*
Only January 2024 requests are currently available.
Requested Loan*
Loan ID
Loan Balance

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 balance of the loan throughout the deferred payment period. Loan must have been made on or before August 1, 2023. Not available for share secured loans, certificate loans, lines of credit, mortgages, home equity loans or lines of credit (HELOC), home improvement loans, credit cards, member appreciation loans or holiday loans. If the fee of $35 per loan skipped has not been submitted by November 30, 2023, your application will be denied. *Only accounts in good standing can be processed. **Cash pay and auto transfer (from savings or checking held at Priority Trust Credit Union) loans will only have the loan due date changed to the following month. Loans paid via payroll distribution will have payment funds deposited directly into share savings account. ACH origination (payments made automatically from another institution set up through the credit union) will not occur until the following month.