Skip-A-Pay – Downeast Credit Union
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Skip-A-Pay

Posted on October 29, 2024 | Latest News

Downeast Credit Union is currently offering our Holiday Skip-A-Payment program. This means that you can choose to skip the November, December or January payment on your eligible credit union loan.

Have more than one eligible loan? Skip a payment on each!

Learn more and apply today:

Apply for Skip-A-Pay Here

Simply complete the application and return it to us by mail to: DECU, P.O. Box 130 Baileyville, ME 04694, or drop it off at the branch location nearest you. If you have set up an automatic transfer from Online Banking or another financial institution, don’t forget to stop your payment through that service.

We’ll process the rest so you can enjoy the holidays!

*Skipped payments do not extend the term of any credit insurance policy you may have obtained though the credit union or other coverages in connection with your loan. Examples include but are not limited to Credit Life, Credit Disability, Debt Cancellation, GAP, or Vehicle Service Contract. Please refer to your contract for specific provisions regarding skipped payments.
By signing the application, you authorize Downeast Credit Union to extend the due date of your final loan payment by one month. The $39.00 processing fee per loan will be deducted from your account selected above unless payment is enclosed. Interest will continue to accrue on unpaid balances through skipped payment period.