SKIP-A-PAY

Keep Calm and Skip-a-Pay!

Skip-A-Pay is an option that allows you to skip your monthly payments for just $25. This will free up funds that you can use towards another payment, unexpected occurrences, birthday gifts or whatever you want.

  • Available to use once a year
  • Available on most loans
  • Loans must be open for at least 12 months

Here are some important points to consider before you decide to skip a payment:

  • Breathing Room. 
    During an expensive time of year, you might not make it through the month without resorting to swiping your credit card – and paying high interest on every purchase you make. By skipping a large bill payment, you’ll free up some cash for your daily expenses so that you don’t finish the month in the red.
  • Longer Loan Term.
    Skipping a payment means lengthening the life of your loan. You are essentially moving this month’s payment to the end of the loan.
  • Accrued Interest.
    While you won’t be racking up credit card bills with high-interest rates this month, you will be billed for interest on the skipped payment. You will need to pay that interest at the end of the loan term.

Fill out the form below to request a representative to contact you about your Skip-A-Pay options.



A minimum of six (6) months of consecutive on-time payments is required for eligibility. This Skip-a-Payment program is not available for Visa Credit Card accounts, first mortgages, second mortgage loans, home equity loans, home equity lines of credit, business loans, or association loans. This program is not available on loans during the first twelve (12) months of the loan agreement. Deferrals are subject to approval. Loan (s) must be in good standing to accept this offer. Other restrictions may apply 1. Finance charges will continue to accrue at the rate provided in your original loan disclosures and agreements. 2. Deferring a payment will result in higher total finance charges than if you made payments as originally scheduled. 3. This payment will extend the term of your loan(s) and you’ll have to make an extra payment(s) after your loan(s) would otherwise be paid off. 4. You agree and are required to resume your regular payment schedule after the “skipped” month. 5. You can only skip ONE payment per loan within a rolling 12 month period with this program. A maximum of six payment skips are permitted per life of the loan. 6. To skip a consumer loan payment, a $25.00 fee will be automatically deducted from the DCFCU account you designated above. If funds are not available in the designated account, your Skip-a-Payment request will not be honored. 7. If you have an ACH initiated with another financial institution that automatically makes your payment, you will need to contact that institution to stop the payment. If you have an ACH with Dade County Federal Credit Union that automatically pulls money from another financial Institution, you will need to contact us to stop payment at least 4 days prior to the next Auto Pay due date. 8. If we are unable to stop your ACH payment in time, your skipped payment may be delayed until the next payment. 8. For members who have Guaranteed Asset Protection (GAP), claim coverage does not extend to the amount of payment(s) deferred. In addition, the coverage will not be extended beyond the original maturity date.