Howard University Employees Federal Credit Union
 
   

Skip-A-Payment

Skipping a Loan Payment is Sweet!

“Cut Out” your loan payments for either December or January with a Skip-A-Payment. Then spend the dough on something that will make your holiday a whole lot sweeter.

  • Loans must be current and your accounts in good standing*
  • You may skip one monthly payment or two biweekly payments
  • There is a $25 fee for each loan payment skipped
  • Requests must be submitted 30 days in advance
  • Interest will continue to accrue but you will not incur late fees or damage your credit

When you skip a payment your loan maturity will automatically advance and some restrictions may apply. Skip-A-Payment is not available for mortgage loans or Second Chance loans.

Apply for Skip-A-Payment now.

*Good standing is defined as maintaining positive balances on deposit accounts, current status on HUEFCU loans and regular account activity.


 
     
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