Skip-a-Payment

We know you need a little break sometimes, and that’s why we’re now offering Skip-a-Payments year-round! Members with accounts in good standing can now skip a loan payment during a month of their choosing.

 Simply fill-out our online form   

A $37 fee* is required for each loan skipped. 

Frequently Asked Questions:

Q: What loans does this include?
A: All loans except Certificate Secured Loans, Lines of Credit Loans, Credit Cards, PIC Loans, Worry Free Repayment Loans, Credit Builder loan,  American Dream Loan, and all real estate secured loans.

Q: How many loans can I skip?
A: You can skip a month on all loans you have unless they are excluded from the offer. The $37 fee* will apply for each loan skipped.

Q: Will interest continue to accrue?
A: Yes, interest will accrue during the month skipped.

Q: Is there a fee?
A: Yes, a $37 fee.

Q: How can I pay the $37 fee?
A: Payment can be made from your account or a check (indicate on form).

Q: How do I sign-up?
A: You MUST fill-out and sign the skip-a-payment form that is available to members online.

Q: How do I know if I’m approved?
A: Only members in good standing will be approved. If you don’t hear back from the credit union, you are approved. You will only be contacted if you are denied.

Q: Can I skip-a-payment after my loan payment due date?
A: No, to skip-a-payment, we must receive the skip-a-payment form, and fee payment, at least 10 days before your loan payment due date.

Q: Can I pay the $37 fee later?
A: No, the $37 fee must be made when we receive the skip-a-payment form, if not, you will be denied for skip-a-payment. Funds should be available in your account or by a check.

Q: Does skipping a payment extend the loan?
A: Yes, skipping a payment extends the term of the loan, interest will continue to accrue, and all other agreements in the loan remain in effect.


By opting for Skip-a-Payment, you request that Fitzsimons Federal Credit Union (FFCU) defer your loan payments as indicated. You agree and understand that: 1) Finance charges will continue to accrue at the rate provided for in your original loan agreement, during and after that time; 2) deferring your next payment will result in your having to pay higher total finance charges than if you made your payments as originally scheduled; 3) this payment deferral will extend your loan(s) and you will have to make extra payment(s) after your loan(s) would otherwise be paid off per your original loan terms; and 4) you will be required to resume your regular monthly payments in the following month. If you previously elected to purchase any GAP or insurance products on this loan, coverage may not be extended beyond the original maturity date. Skip-a-Payment requests are subject to a $37.00 loan extension fee. Free or discounted Skip-a-Payment fees associated with a Partner or Partner Paramount checking account must be for loans on the same member number. Six (6) initial payments and at least three (3) consecutive monthly payments must have been made to the loan and your loan(s) must be in good standing (no more than 10 days past due) at the time you choose to accept this offer. Loan extensions of any kind are limited to one per calendar year; all deferrals are subject to FFCU approval. Real estate, credit card, certificate-secured, and specialty (PIC, PAL, Worry-Free Repayment, DREAMer, credit-builder, etc.) and line-of-credit loans are not eligible. If your loan payment is deducted from another financial institution, we must receive notice 10 days prior to the due date to suspend that payment for one month. Additional restrictions may apply.

Federally insured by NCUA |  Equal Opportunity Lender  |  © 2017 Fitzsimons Credit Union  |  303-340-3343  |  1-800-933-5839

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