Skip loan payments - from UT Federal Credit Union

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Saving money when using the Skip Pay program

Skip-a-Payment? Really?! Yes!

If you are a qualified member, you have the option to skip a loan payment once per 12-month period. You can use this benefit any month of the year!

To skip a payment, call us at (800) 264-1971 or (865) 971-1971. You can also stop by any of our branches.

(Not automatic. Not available on all loans. Members must schedule a Skip-a-Payment. $35 fee per loan. No discount for multiple loans. Loan payments must be current or within the grace period of that loan. All of the member’s accounts must be in good standing [i.e., no negative share or checking accounts, no history of serious delinquency, etc.] Limited to one skipped loan payment in a 12 month time frame.)