Unlock financial flexibility with DFCU's Skip-a-Pay service, where six payments pave the way to skip one — giving you breathing room without the hassle. Act today and enjoy some extra cash this month!
Access the Skip-A-Pay request through Online Banking or the DowneyFCU app. Simply navigate to 'Transfer & Pay' and select 'Loan Skip-A-Pay' to submit your request hassle-free.
Ensure to complete the Skip-A-Pay request at least 5 days before your loan's due date to skip that month's payment.
There's a $50 fee per skipped loan. Remember, interest accrues during the skipped month, extending your loan term, and if your payment is usually automated, the amount is redirected to your share account.
Simply provide your name and phone number and we’ll give you a call.
Or call us at 562.862.8141
Terms and Conditions: Members are eligible to use DFCU's Skip-a-Pay service after six (6) consecutive payments on eligible loans, loan must be in good standing. If you do not include the $50 skip processing fee with your request or if there are insufficient funds available in the account you specify to pay the fee, your Skip-A-Pay request will not be processed and your regularly scheduled loan payment must be paid. If you take advantage of this Skip-A-Pay offer, your loan will continue to accrue interest during that time. While deferring your next loan payment will extend the term of your loan, you always have the option of making additional or larger payments in the future with no prepayment penalty to pay down your loan faster. By accepting this offer, you request that Downey Federal Credit Union (DFCU) defer your next loan payment for the loan indicated. You also understand and agree that: (1) finance charges will continue to accrue at the rate provided in your original loan agreement, during and after that time; (2) deferring your next payment will result in you having to pay higher total finance charges than if you made your payments as originally scheduled; (3) this payment deferral will extend the term of your loan by one month and you will have to make extra payments after your loan would otherwise be paid off; and (4) you will be required to resume your next regularly scheduled monthly payment in the month following the deferred payment. All payment deferral requests are subject to DFCU approval. All DFCU accounts must in good standing. All your DFCU loans must be current (have no amounts past due) at the time you choose to accept this offer for your qualifying loan. Certain other restrictions may apply.