Q: I'm looking for a way to cut expenses to be able to pay an unexpected bill, so I don’t have to rack up a huge credit card bill. I'm considering skip a payment. What do I need to know?

A: CFCU’s skip a payment program can help give you more cash in your wallet for unexpected bills, car repairs, vacation, etc.        

Skip a payment is a program offered to our members that allow you to skip a monthly qualified loan payment when you need to. There is a processing fee of $35 per loan skipped.

Here are some important points to consider before you decide to skip a payment: