Summer fun shouldn’t come with financial stress. For a limited time, you can skip one or two payments on your eligible vehicle or personal loan with ITCU!
Just a small fee for each skipped month puts hundreds of dollars (or more!) back in your pocket to use however you’d like— a getaway, a backyard upgrade, or just to cool down your summer bills.
But how does “skipping a payment” work? Well, let’s say your car payment is $475, and you are looking to skip one month’s payment (for a $50 fee). By doing that, you would have $425 available in extra funds! Skipping two months (for $100) would result in $850 in additional cash!
(Please note that if you have any payments currently made via automatic recurring transfers, including Direct Deposit or ACH, ITCU will suspend those during the Skip period. However, if you have any such payment set up through ITCU’s Online/Digital Banking platform, you will need to cancel those payments during the Skip period.)
(Offer good Monday, June 9, 2025, through Thursday, July 31, 2025.)
(Please allow up to three (3) business days for processing; processing fee must be in account before application processes. You will be notified by email when your request has been reviewed/processed.)
*Interest will accrue during deferment period. At the time of this campaign, not all loans are eligible for this promotion, including credit cards, lines of credit, CD secured loans, real estate (including mortgage and home equity), any loans which have reached maximum annual/lifetime skip counts, loans with collateral protection insurance, loans opened on or after December 1, 2024, and loans that do not have at least 6 months of on-time payment history. Current or past payment delinquency may also affect eligibility. This is not an application for credit and interest will continue to accrue during any granted deferment period. Requests will not be accessed, granted, nor completed until applicable fees are collected. Forms must be received at least five (5) days prior to the next payment due date to ensure same month processing if deferment is granted. Forms received within five (5) days of payment date may be held to skip the following payment date if deferment is granted. Offer is not transferable. Other criteria or restrictions may apply at the discretion of ITCU. For auto loans only: If GAP (Guaranteed Asset Protection) was purchased, skipping more than one monthly payment during the life of the loan may affect future potential claims (see GAP Waiver Addendum for details). Offer good June 9 - July 31, 2025.
