This month’s loan payment being skipped with Blue Eagle Credit Union skip payment program

Skip Loan payment

We know that occasionally it's just nice to have a little extra money in hand. That's why we offer skip pay! You may apply to skip one payment of your loan once every six months (up to six times over the life of the loan). To be eligible for skip pay, members must meet the following criteria:

  • Must be a Blue Eagle Credit Union member in good standing (current) on all accounts.

  • The loan balance must be $500 or greater.

  • Must have had at least six (6) months of loan payment history on any Blue Eagle Credit Union loan.

  • Must not have had any extensions or skip payments on the loan for the previous 6 months. (i.e. January skip payment, make payments for six months, then next eligible month to skip would be August).

  • No more than six (6) months of payments may be skipped over the life of the loan. If you have GAP insurance on your loan, you will forfeit any potential GAP claim benefit if you skip more than 5 months of payments.

  • Real estate loans (including Home Equity), Eagle Express loans, and Mastercards® are not eligible for this skip payment program.

  • Application must be received at least five (5) business days before requested loan skip payment is due.

So, you think you qualify? Get started on the approval process! 

 

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