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'Tis the season for taking advantage of Parkside's skip-a-pay program! To skip a payment, simply do the following:

1. Log in to Parkside's online banking or mobile app.
2. Click the "SP" button next to your loan account.

If you have any questions, give us a call at 734.525.0700 or stop by any Parkside branch. 

If you have multiple loans, you may take advantage of the Skip-A-Pay program for each loan that qualifies. There will be a $35 processing fee per loan. Loan must be open at least 6 months (181 days) to be eligible. The member is responsible for canceling the next recurring payment on the skipped loan at least 3 days before the scheduled payment date, either through online/mobile banking or by contacting the credit union for assistance, depending on the funding source of the recurring loan payments. This offer excludes all Mortgage loans, Home Equity loans, Home Equity Line of Credit loans, Commercial loans, Credit Cards, Parkside Paycheck loans, and Line of Credit loans.

Additional Terms: (1) skipping the current payment will extend the term of the loan for an additional month; (2) interest will continue to accrue on the loan during the entire term of the loan, including the month the payment is skipped, and may change the schedule of total repayment; (3) this authorization amends the original loan agreement; (4) all requests may be processed online, or by calling the credit union; (5) will only be eligible for the program if all loans are current; (6) may only be eligible to skip a payment twice per calendar year per loan; (7) may only be eligible to skip a payment six times over the life of an eligible loan; (8) if payment for the fee is not received, the skipping of the payment may not be processed; (9) any monthly credit insurance/debt protection charge on the loan will continue to accrue; (10) Depository accounts may not be overdrawn.