Need Extra Cash?
For Each Skip-A-Payment:
- Interest will continue to accumulate on each skipped loan
- Loan Payments made through payroll deduction/direct deposit will be deposited into your share account for the skipped month
- All KH Credit Union accounts must be in good standing in order to qualify (upon approval) for Skip-A-Payment
- Signature and Auto Loans are the only loans eligible to be skipped
- Loans opened on or after April 1, 2022 are not eligible for 2022 Skip-A-Payment
- Loans may only be skipped once per calendar year
- Loans being skipped must have stayed current for the last 6 months
For more information view our Skip-A-Pay Form
A PROCESSING FEE OF $39.00 PER SKIPPED LOAN PAYMENT MUST BE RECEIVED BY CHECK OR TRANSFER BEFORE SKIP-A-PAYMENT REQUEST CAN BE PROCESSED.