New Year, No Payment with Skip-A-Pay
The new year is here, and we are here to help you manage your budget so you can kick 2025 off on the right foot!
To begin the year, you can skip the monthly payment on your loans at St. Cloud Financial Credit Union during the month of January with Skip-A-Pay.
To do so, all you have to do is log into your online banking and follow these steps:
In the navigation bar on desktop, click “Transfer & Bill Pay.” On mobile devices, click “More” and click “Transfer & Bill Pay”
Click “Skip a Pay".”
Fill out the request form
For each loan payment skipped this month, $15 of the $45 processing fee will be donated to a local charity. If you have any questions, visit your local SCFCU branch or call us at 320-252-2634.
Eligibility Requirements: You must be a member in good standing. Your loan must not have had any late payments in the last 12 months. A maximum of six payments can be skipped during the life of the loan, with no more than two per calendar year. If you want to skip one month’s payment, the loan must have at least six months of payments made. If you want to skip two monthly payments on a loan, the loan must have at least 12 months of payments made. Interest will continue to accrue on the outstanding balance of your loan(s) until paid in full. Skipping a payment may increase the number of remaining loan payments. 1st Mortgage Products, 2nd Mortgage Products, HELOC Products, Business Loan Products, Commercial/SBA Products, AFG Products, Extra Mile Products and Credit Cards are excluded from this offer.