Relax: Skip-A-Pay has you covered!
What is Skip-a-Pay? The Skip-A-Pay Program gives you the option to defer a monthly payment on an eligible TopMark Federal Loan to the end of the loan. We advance your payment due date and your maturity date (for example on a 48-month loan, if one payments skipped, you make 48 payments over 49 months).
The borrower (member) and all co-borrowers must sign this request form. Return it to a TFCU Branch.
- All TFCU loans must be current and in good standing.
- Interest will continue to accrue during the period to be skipped, which will extend the term of the loan.
- Program does not apply to mortgage loans, home equity loans, Revolving Line of Credit, Visa credit cards, Payday Alternative Loans or mobile home loans.
- A $35.00 fee will be charged with each Skip A Payment.
Ready to Skip? To request to skip your loan payment, you may:
By signing, I authorize TopMark FCU to advance my loan payment due date by one month and understand this will extend the maturity date of my loan(s). A fee of $35 will be assessed per loan. This offer does not apply to real estate secured loans, lines of credit loans, credit cards, or new loans (loans with less than six payments made). All Credit Union loans must be current at the time of request. Interest and any charges for disability, and/or life insurance will continue to accrue for any skipped month. I further understand that this request does not change my legal obligation to the Credit Union. Note: If your loan is paid weekly, bi-weekly, or bi-monthly, the agreement will allow you an extension for an entire month of payments.