Skip-a-Loan Payment

Members with up-to-date loans have the option of skipping loan payments twice a year to help cover unexpected or seasonal expenses. 

Skipping a loan payment is easy. Simply read and complete the application online. Click here to download the form

Print, sign, mail, fax or hand deliver to a Branch as follows:  

  • Roseau Branch:              by the 20th of the month.  
  • Other six Branches:        before the end of the month. 
Note: Apply a week earlier in December.   

Indicate on the form how the processing fee will be paid ($5 for loan payments under $500 and $25 for payments of $500.00 and over).

Have the co-maker  or guarantor for your loan (s) sign the form. We’ll take care of the rest.

How does it work?

When your application is approved, the payment period is extended and the interest is added to the loan balance (capitalized) at the end of the month. Payments made through payroll deduction are transferred to your Savings/Deposit account.

Skip-A-Loan Payment if you need it. Apply today.