With Skip-a-Pay, you can choose the month you need to skip a payment for and pay only a one-time fee of $25. You may be eligible to skip a payment on your new or used auto loan, personal loan, deposit secured loan or RV or boat loans if:
- You have made a loan payment on this loan within the past 45 days.
- You have not already skipped a payment on this loan already this year.
- You have not declared bankruptcy or have had a loan modification.