Take a Break from your Loan Payment!
Looking for a quick, easy way to get some extra cash ? With our Skip-A-Payment* program, you can skip your TOCU Auto Loan, Signature Loan or Debt Consolidation Loan payment(s). Use the money for household expenses, a vacation or just enjoy the extra cash from not having to make your monthly payment(s).
There is a $35 processing fee for each skipped loan.
*Finance charges continue to accrue during the skipped payment period. Qualifying loans to be skipped must be current. Please note that First Mortgages, Second Mortgages, Home Equity Loans, Mistledough, Credit Cards, Lines of Credit, Commercial or Business Loans, Guaranteed Holiday Cash and any loans disbursed in the last 90 days (must make three payments), are not eligible for this offer. Membership account must be open for at least 1 year to be eligible for Skip a Payment. A $35 processing fee will be assessed for each postponed loan. Each loan may only be postponed twice per year. (Members can have one skip-a-pay plan in any six month period, but no more than two in a twelve month period.) If you have automatic payment set up through another financial institution for the payment you wish to skip, you must notify that financial institution so that the payment will not be automatically sent by them.