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Tyndall Federal Credit Union
 
 
Summer Skip-A-Payment
Ask us about Skip-A-Payment

Take a Vacation from your Loan Payments!

This is the perfect time to take a vacation from your Tyndall loan payments and use that extra money how you want to use it this summer.

We are offering the opportunity to skip either your June, July or August loan payment on most Tyndall loans!

Choose what's best for you. For example, you may want to skip your truck loan payment and your VISA payment in June so you have extra cash for that cruise to the Bahamas. Or, skip your car payment in June, your VISA payment in July, and your signature loan payment in August so you have a little extra each month. It's all up to you.

Here's how it works:
  • Click here to submit your Skip request online,

  • Contact us and let us know which loan payment(s) (loan suffix) you would like to skip:

    • speak with a Financial Sales Representative at any of our branch locations,
    • call us at 850-747-4300 (888-896-3255, toll-free), or
    • log into Online Banking and send us a secure email with your request

  • A Tyndall employee will quickly review your loan and make any necessary changes to your loan's due date. If there is any action you must take, the employee will provide you with the information you need to skip your loan payment. These instructions will vary depending on whether your payment is made each month by Direct Deposit, automatic transfer, ACH, etc.

  • If you have your payment(s) made by Direct Deposit/Payroll Deduction or Automatic Share Transfer, your funds will remain in your Tyndall Share or Checking Account for the billing cycle you elect to skip.  For any payment(s) you have automatically scheduled through Online Banking/Bill Pay at Tyndall or any other financial institution, you must deactivate the payment for the month you choose to skip and then reactivate it after the payment date has passed.

  • We must receive your request at least two business days prior to your loan payment due date(s).  If your payment is processed by ACH, we must receive the request at least 5 business days prior to the payment due date.

With no penalty for skipping, you can relax and use the money however you wish.

Please note - Tyndall Visa Platinum payments may only be skipped for the month of August.  For members in good standing, there is simply no payment due for the month of August. 

If you have any questions about our Skip-A-Payment program, contact our Call Center at 850-747-4300, or toll-free at 888-896-3255.


*Excluding home equity and mortgage loans, mobile home loans, workout loans, business loans and student loans. Offer subject to approval. All loan accounts must be current to qualify. Only one month’s (June 2010, July 2010, or August 2010) payment per loan is eligible to be skipped. A loan’s first payment is not eligible for Skip-A-Payment. If you choose to skip a payment, interest will continue to accrue on your loan advance and it will take longer to repay the advance. If you have elected GAP coverage you may only skip a payment 2 times per contract. Member Eligibility Required.