Looking for a little extra cash in your pocket? Then consider taking a Payment Holiday. Our Payment Holiday program helps free up cash by offering you a chance to skip your eligible loan payment!* That means you get to keep more of your hard-earned money to spend on anything you want or need.
Here are some key things to know before requesting your Payment Holiday:
- Loans must be open for a minimum of six months to be eligible.
- Real Estate Loans, Business Loans, Holiday Loans, Consumer Lines of Credit, Visa® Young Adult and Secured Credit Cards and single pay loans are not eligible for this offer.
- Payment Holidays may be requested up to the payment due date via Online Banking. All loans that are eligible for a Payment Holiday will be displayed.
- Finance charges will continue to accrue and your loan maturity date will be extended, if applicable.
To get started, simply log in to Online Banking and select Payment Holiday from the Loans tab.
*Consumer Loans must be current (and liens perfected) to be eligible. Finance charges will continue to accrue as explained in the LoanLiner Credit Agreement and the loan maturity date will be extended, if applicable.