The Skip-a-Payment program is not available for real estate, credit cards, overdraft protection loans, work out loans, lines of credit or business loans. Qualifying loans are personal and vehicle loans that are at least 6 months (180 days) old, are not currently delinquent and have not been 30+ days delinquent two or more times during the life of the loan. Further, all other credit union accounts must be in good standing to be approved. If you elect to participate in the Skip-a-Payment program, you authorize COPFCU to extend your final loan payment by one month. The $35 fee will be deducted from the account you select or your Savings or Checking Account. If sufficient funds are not available in your account(s) to deduct the fee, your skip-a-payment request will not be processed. Interest will continue to accrue on the loan during the month you skip your payment. If your loan payment is made via payroll deduction, the total monthly payment amount will be credited to your Savings or Checking Account in the month your payment is skipped. If you make your loan payment on a biweekly basis, a maximum of two biweekly payments may be skipped. No more than two non-consecutive skip-a-payments will be approved for any qualifying loan during a calendar year. All terms and conditions of the original loan agreement remain in full force except as noted here. Speak with a Member Service Representative for full details.