OnPath Credit Union

What is the Skip-A-Pay Program?

Everyone deserves a break once in a while. OnPath Federal Credit Union’s Skip-A-Pay Promo allows you to skip up to two (2) monthly payments in a 12-month period on certain loans. Those payments are then added to the end of your loan term. Wanna know the best part? Our Skip-A-Payment promo does not impact your credit rating.

Now that's banking with direction!

Here's how it works:

Qualify: Check if your loan is eligible for Skip-a-Pay by logging into the OnPath FCU Mobile App and pressing MORE. There you will see the Skip A Pay button. If you see a widget, congratulations you are eligible to skip a payment for the loans in the dropdown menu.
Choose: Select the next month to skip your payment and the OnPath FCU account you would like to withdraw the $35 fee from.
Remember: If you have set a recurring or Auto payment to withdraw from another account you will need to pause it for the month you are skipping.

See if you're eligible for Skip-a-pay today!

Skipping is as easy as 1 - 2 - 3!

Step 1: Log into your mobile app

Step 2: Click the “More” button in the bottom right corner & choose “Skip-A-Pay”

Step 3: Choose the payment you want to skip from the list of eligible loans you have with OnPath

Step 4: Follow the prompts to complete your skip and pay the $35 skip fee

Step 5: Keep some extra cash in your pocket and enjoy!

What loans are eligible to skip?

The Skip-A-Pay Program applies to personal loans* and auto loans* that are open for more than six (6) months and are currently in good standing. You can apply to Skip-A-Payment up to twice in a calendar year but not in consecutive months.

Skip-a-Pay is the perfect solution for:

Seasonal expenses: Holiday shopping, back-to-school costs, or summer travel can put a strain on your finances. Skip-a-Pay allows you to spread out your payments and avoid feeling overwhelmed.
Unexpected emergencies: Car repairs, medical bills, or other sudden expenses can throw your budget off track. Skip-a-Pay gives you the breathing room you need to handle these unexpected costs.
Just because: Sometimes, you just need a break. Use Skip-a-Pay to free up some extra cash and enjoy a little peace of mind.

*Offer ends 3/31/24. Skip-A-Payment requests are not available on loans during the first six (6) months of the loan term. Not applicable to 1st mortgage, 2nd mortgage, balloon notes, lines of credit, 12/12/12 Holiday loans, home improvement loans, credit card payments, collection workout payments, Wheels to Work, OnPath Auto Chance, or business loans. Deferred payments will be added to the end of the loan term. During this time, interest will continue to accrue. A $35 fee will be assessed for each Skip-A-Payment request, per loan. Request will be denied if any of your loans are currently delinquent or if your account is not in good standing. In order to qualify, the loan must have been paid on time for the last six (6) months prior to this request. Members are limited to two (2) Skip-A-Payment requests per calendar year (twelve (12) months) with a minimum of six (6) months between each request and/or loan modification. Requesting to defer a payment may affect any future GAP insurance payouts. Other conditions may apply. Visit BeOnPath.org, or call 504.733.7274 for details. Federally insured by the NCUA.

Frequently Asked Questions about Skip-A-Pay

WHAT LOANS ARE ELIGIBLE FOR SKIPS?

The Skip-A-Pay Program applies to personal loans and auto loans currently in good standing, and open for more than six (6) months with OnPath Federal Credit Union.

AM I ELIGIBLE TO SKIP MY PAYMENT(S)?

To be eligible, your loan must have been open for at least six months and be in good standing. You may not be eligible for other reasons, such as having an overdrawn OnPath Federal Credit Union checking account or any circumstance the credit union deems derogatory related to your account.

IS THERE A FEE?

There is a $35 fee per skip, per loan.

HOW DOES PARTICIPATING IN THE SKIP-A-PAY PROGRAM AFFECT MY LOAN?

The skipped months will be added to the end of your loan, extending the loan term. Interest will continue to accrue during skipped months.

WHAT IF I HAVE AUTOMATIC (ACH) PAYMENTS, CAN I PARTICIPATE IN THE SKIP-A-PAY PROGRAM?

If you have automatic payments from a OnPath Federal Credit Union account, or if we pull your payment automatically from another financial institution, you must personally stop the payment for the month selected and reinstate it once the payment has been skipped. Additional missed payments that result from having failed to reinstate any automatic payments will be viewed as late.

WHAT IF I PAY MY LOAN THROUGH ONLINE BILL PAY, CAN I PARTICIPATE IN THE SKIP-A-PAY PROGRAM?

If you use OnPath Federal Credit Union’s Bill Pay or Bill Pay from any financial institution, you’ll need to log into Bill Pay to stop and restart the payment yourself. Don’t forget to turn it back on after your skip!

HOW OFTEN CAN I SKIP A PAYMENT?

As long as you continue to be eligible, you may skip any eligible loan up to two (2) times in a twelve (12) month period. Payments cannot be skipped in consecutive months.