DELAY-A-PAY GIVES YOUR BUDGET A BREAK
Sometimes your budget needs a little breathing room - and that's what Delay-A-Pay helps you achieve.
With our Delay-A-Pay program, members can defer up to two payments, per loan, every year via our Summer and Holiday Delay-a-Pay programs.* That means extra flexibility when you need it most - whether it's vacation season, back-to-school shopping, or holiday expenses.
HOW IT WORKS
Eligible members with an auto or personal loan can choose to delay a payment during our designated Summer (June-August) and Holiday (November-January) program windows. The deferred payment is simply moved to the end of your loan term, extending your payoff date. Interest will continue to accrue during the skipped month(s).
WHY MEMBERS LOVE IT
- Extra room in the budget during busy seasons
- Flexibility without applying for new credit
- A simple, stress-free process
- Designed with real life in mind
IMPORTANT DETAILS
There must be $45 available in your share savings account at the time of the request, and allow 7-10 business days for processing. Requests must be made during the program windows, and are subject to approval.
*Excludes real estate, credit card loans, overdraft line of credits, and business loans. All loans for the borrower and any joint/guarantor must be current, with no missed or late payments for 6 months. New loans must have at least one payment made to be eligible to delay a payment.
Each qualifying loan may be skipped once per program (Summer and Holiday), for a maximum of two skipped payments per calendar year per loan.