Skip two non-consecutive payments in a year on your qualifying* loan(s).
- There is a $35 fee per skipped payment to take advantage of this service; we’ll deduct this fee from your savings account, checking account, or you may send a check. Interest continues to accumulate on your loan(s) during the month you skip-a-payment.
Fill out the skip-a-pay form and bring it to your local Parda branch, fax it to our Member Solution Center at 248.475.2550, or mail it to:
Member Solution Center
Parda Credit Union
2601 Cambridge Court Ste. 210
Auburn Hills, MI 48326
*Some restrictions apply. Skip-a-Pay offer does not apply to mortgages, home equities, credit cards, balloon auto loans, Member Express Loans, Buy Now, Pay Later, or any line-of-credit. A $35 processing fee will be applied for each payment skip requested. Skip-A-Pay application is due 10 days prior to your payment due date. Interest will continue to accrue on your loan during the month of your skipped payment. Subject to Skip-A-Pay criteria and approval. Total number of skips based on the term of the loan. A skipped payment may reduce any GAP claim on insured loans. Contact a Credit Union representative for details.
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