Liberty Bay Credit Union's Skip-A-Payment program allows you to skip payments on your loans up to three (3) months of your choice without being considered delinquent. A $25.00 service fee applies for each loan request.
Why use Skip a Payment?
This program does not apply to loans during the first six (6) months of the loan agreement. To be eligible for the Skip request, all loans must be up to date without delinquency beyond 30 days.
AVAILABLE REQUEST OPTIONS:
After an initial request, one can request another Skip-A-Payment after a 12 month period from the previous re-start date of the loan skipped.
*Eligible loans at the Credit Union include:
Auto Loans New/Used
Motorcycle Loans New/Used
Use this authorization form each time you want to skip your next monthly payment on an eligible Liberty Bay Credit Union loan. You must complete one Skip-A-Payment Request Form per eligible loan.*
Complete form and return with $25.00 service fee if paying by check, in person at any Liberty Bay Credit Union Branch, fill automated authorization form online or by mail to:
Liberty Bay Credit Union
300 Granite Ave
C/O Loan Dept.
Braintree, Ma 02184