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Need a Break?
Let's be honest, everyone's budgeting runs a little tight once in a while. That's why First Entertainment offers Skip-A-Pay, providing qualifying members a method to skip a regular monthly loan payment for a $30 fee. *
Here are the Skip-A-Pay specifics:
Closed-End Loans
Auto, Recreational Vehicle, and Unsecured Loans
- allowed two (2) maximum skips during the life of the loan.
Other Vehicle Loans
- allowed one (1) skip per year
(Note:
NO real estate loans are eligible for this service
)
Open-End Loans
Personal Lines of Credit (PLOCs) and Visa Credit Cards - allowed one (1) maximum skip during a 12-month period.
Skip-A-Pay Steps
To take advantage of this service, simply:
- Log in to Digital Banking
- Click the Skip-A-Pay widget
- Select the Loan (if you have have more than one (1) eligible loan)
Please Note
By taking advantage of Skip-A-Pay, the skipped payment will be repositioned to the end of your loan.
If you have more questions about using Skip-A-Pay or Digital Banking, call us at 888.800.3328 and we'll help you get started.
* A minimum of six (6) consecutive, timely loan payments must be made prior to the first allowable Skip-A-Pay. If approved, and once fee is collected, the payment due date is advanced one month. The regular monthly payment amount remains the same. The next scheduled payment will include interest for two (2) months, the interest due for the month skipped plus the currently monthly accrued interest.