Skip-A-Payment

Skipping a payment on your loan(s) is a simple process. Just complete the form below, and within 1-2 business days you’ll receive an electronic request form to ‘digitally’ sign and return. That’s it – your next loan payment is “skipped”!

Here are some stipulations for our Skip-A-Payment service:

  • You need to be an active TUMCU member in good standing for more than a year.
  • There is a $10 fee for setup (normally $25, but reduced due to the COVID-19 emergency).
  • The fee can be paid by deduction from one of your TUMCU accounts, added to your loan balance, or you can send us a check.
  • A request for more than 2 Skip-A-Pays requires additional review by our Loan Review Committee.
  • Finance charges will still accrue on your loan balance.
  • Skip-A-Payment will not stop any automatic payments you have set up from other financial institutions.
  • Skip-A-Payment alters your Loan Agreement (details on request form).

Please call us if you have any other questions at (866) 657-0004.