Skip a Payment
Go ahead and take a break from your loan payment.
Maybe it's the holiday season. Or vacation time. Whenever additional expenses create a cash crunch, one thing that can help is to skip one of your P1FCU loan payments. By following a simple process and paying a small fee, you can buy some financial breathing space.
- Qualified borrowers may skip up to two payments each calendar year, and up to a maximum of six payments during the life of the loan.
- Signature loans, auto loans, boat, RV and personal property loans are eligible for the program as long as the payment amount is over $25. (Home equity, mortgages, and business loans are not eligible.

There is a $25 fee for each skipped payment. The funds will need to be in a P1FCU account to be collected at the time the skip is processed
Skip Payment Procedures
- Login to Digital Banking
- Select Skip a Pay from the Transactions tab in the Menu
- If your loan appears from the list of options, it is eligible.
- Select the loan you would like to skip.
- Confirm your new due dates
- Select the account you would like to pay the $25 skip fee from
- Agree to the Terms and Conditions.
- Click Finish.
Have Questions? We've Got Answers!
Whether you are looking for more information on skipping a payment, or are curious about membership, loans, or digital banking, our FAQs have you covered. They're a quick, easy way to find what you need when you need it.