How does skip a pay work

How Does Skip-A-Pay Work?

Our Skip-A-Pay program lets you skip up to two months of qualified loan payments during a rolling 12-month period. Each skipped payment requires a $35 processing fee.

Who Qualifies for Skip-A-Pay

Who Qualifies for Skip-A-Pay?

To Qualify, You Need

  • An active, eligible¹ Tulsa FCU loan that has been open for six months or more.
  • No missed payments in the last six months.
  • Good financial standing with Tulsa FCU.
Call to Ask About Skip-A-Pay

Still unsure whether your loan qualifies for Skip-A-Pay? A Tulsa FCU team member can assist you at any branch location or call our Member CARE Call Center at 918.610.0200.

How Do I Skip-A-Pay?

Select and skip with just a few clicks.

Skip A Pay with online Banking

Skip-A-Pay with Online Banking

  • Log in to Online Banking
  • If you have a loan that qualifies for Skip-A-Pay, you will see a prominent image on your Online Banking homepage labeled “Skip-A-Pay.”
  • Click on the image to reveal a widget which will ask you to select the product you wish to enroll in Skip-A-Pay.
  • Complete the form, making sure to scroll down within the form widget to complete and submit all required fields.
Skip A Pay with mobile banking

Skip-A-Pay with Mobile Banking

  • Log in to your Mobile Banking app.
  • Apple – Choose the “More Options” menu button in the bottom-right corner of the app.
  • Android – Choose the “More Options” menu button in the upper-left corner of the app.
  • Choose “Skip A Payment” from the menu list.
  • Follow the instructions to fill out the form and select the loan and payment you wish to skip.

Skip-A-Pay Terms and Conditions: This offer applies to qualified loans on accounts in good standing. A qualified loan includes but is not limited to loans that have been open and active for at least six months, have had no missed payments in the last six months, have a balance greater than $1,000.00, are in good standing and have not utilized the Skip-A-Pay program more than twice in the last twelve months.  Skip-A-Pay is not offered on mortgages or open-end credit including credit cards and NuPals. “You” or “your” means any borrower signed on the loan. You understand that interest will continue to accrue on your outstanding balance during this time and the term of your loan may be extended. An extension of loan terms may not extend Guaranteed Auto Protection (“GAP”), accident, life, disability or other insurance or warranty coverage. Such policies may be nullified by taking advantage of this offer. Please refer to your policy or contract for information. By signing the Skip-A-Pay you acknowledge and agree to have the set-up and the processing fee of $35 per Skip-A-Pay per loan returned to the Credit Union at least one week prior to your loan payment date. If a Skip-A-Pay is received after the cutoff time of one week prior to your loan payment it may not be processed, and your normal payment may be due including any late fees. PLEASE NOTE: IF YOUR LOAN IS SET UP ON AN AUTOMATIC PAYMENT TRANSFER YOU ARE RESPONSIBLE FOR ENSURING THE TRANSFER IS TEMPORARY SUSPENDED FOR THE DURATION OF THE SKIP A PAYMENT. If your loan payment is set up to be automatically transferred from another financial institution, the transfer will still be processed, and the funds placed in your share savings account instead of making your loan payment. If your loan payment is transferred from a share within this financial institution, depending on how the transfer was initially setup, it may or may not be automatically suspended for the applicable skipped payment. For questions or assistance, please call our Member C.A.R.E. Call Center at 918.610.0200. Tulsa Federal Credit Union (“We” or “Us”) reserves the right to revoke this offer if your account or loan is not in good standing. Additionally, we reserve the right to refuse, cancel, change or terminate this offer at any time without notice. If you have any questions, please call our Member CARE Call Center at 918.610.0200.