Skip-A-Pay

Financial Institution: Abound Credit Union

This special offer is a “Skip-A-Pay” program designed to give members extra financial flexibility during the holiday season.

It allows eligible borrowers to skip one loan payment in November or December, helping free up cash for holiday expenses, travel, or end-of-year budgeting needs. Instead of making the regular payment, members can choose to take a short break from that scheduled payment and resume their normal payment schedule afterward.

Key points of the program include:

  • Choose November or December to skip a qualifying loan payment
  • Provides a temporary payment break for eligible loans
  • Helps ease seasonal financial pressure during the holidays
  • Offered by a credit union and subject to program guidelines and approval
  • Federally insured institution noted (NCUA), with Equal Opportunity Lender standards

This type of program is typically used as a member relief or goodwill option, giving borrowers a little breathing room while staying on track with their loan overall.