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Skip A Payment (Or Two!)

Everyone could use extra funds from time to time. Wouldn’t it be great if you could skip a loan payment and have those funds available?

YOU CAN! In fact, depending on the loan, you can do it ONCE or TWICE each year! You pick the month or months you want to skip. Maybe you need extra funds for Spring Break in March or April, or a Summer Vacation in June or July, or Holiday Shopping in November or December. The choice is yours!

Skip These Once a Year*
  • Vehicle Loans
  • ATV Loans
  • Recreational Vehicle / Camper Loans
  • Consumer Loans
Skip These Twice a Year*
  • Credit Cards (MY Card, Platinum Visa, Classic Visa)
  • Unsecured Line-Of-Credit (Personal Loans)
  • Share-Secured Loan
  • Certificate Loan
  • Student Loan

So, which month (or months) do you choose?

Click one of the options to get started enjoying one more benefit from Commonwealth CU. We CU Differently!

  • Click here to EZSign your "Skip A Payment" form for quicker processing!
  • Click here for the printed form. (PDF)

*Members must qualify for approval. Criteria includes not having any loan payment delinquencies in the past 12 months, no extension agreements, no legal accounts. First payments on loans are also not eligible. The final payment on “Balloon loans” cannot be skipped for Share Secured and Certificate Loans. The form must be submitted in the month you want to skip; prior to the due date. A loan must be opened for 6 months to skip a payment.