Yep, you can skip a payment.
It’s one of the perks of being a member. Check out all the details below.
Skip a loan payment now and a second one later!
TAPCO Members may choose to skip a payment for your TAPCO Visa, Auto, and/or Personal Loan up to two times in one year*. Simply complete the Skip Pay Form online no later than 10 days prior to your loan due date.
*A $40 fee per loan per skip will be deducted from your TAPCO savings or checking account.
This offer is not valid on business loans, real estate, or delinquent loans. Skipping a payment may affect Payment Protection, GAP and Warranty coverage. New loans require a minimum of three monthly payments prior to a skip payment and three monthly payments are required between skip payments per loan. Skipping a payment will require you to make additional payments in order to pay off the loan(s). Interest will continue to accrue on the current loan(s) balance. The next regular payment(s) you make following an extension will reflect a higher amount paid to interest. Two skips per qualified loan every 12 calendar months. All skips are subject to TAPCO approval. Other exclusions may apply.