We understand that things happen in life, from unexpected emergencies to unpredictable expenses. That’s why we offer our Skip a Payment program for eligible loans. Skip a loan payment once in a calendar year and then get right back to paying your loan off the next month.

Skip-A-Pay is available in the Summit Choice Mobile App and Online Banking. View the video for step-by-step instructions on skipping your loan payment.

Certain restrictions apply

• $35.00 minimum balance required in savings account
• Credit Union account must be in good standing
• Eligible loans include* Auto Loans, Personal Loans, Credit Cards
• Not available on First Mortgages, Second Mortgages, and Home Equity Loans
• One Skip-a-Pay is allowed per loan per year
• Low $35 fee to skip a payment

Disclosures

*Certain restrictions apply. Not available on First Mortgages, Second Mortgages, and Home Equity Loans. One (1) Skip-A-Pay is allowed per loan per calendar year. $35 fee per loan. Skipped payments are added to the end of the loan term and interest continues to accrue during the deferral. Credit Union account must be in good standing.