I received a notice that I am eligible for Skip-a-Pay. Do I have to skip or can I save it?

Frequently Asked Question

Skip-a-Pay is not “use it or lose it”. If you receive a notification that you are eligible to skip a payment, you are not required to actually skip the payment. You can skip a payment at any time according to the terms of the program (account in good standing, haven’t skipped in the last six months, etc.).