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Cabrillo’s Skip-A-Payment Program

We understand that money can get tight at times. With our Skip-A-Payment program, you can skip any or all of your qualifying Cabrillo loan payments one time, between now and October 31.

Who qualifies for our Skip-A-Payment program?

If your account is in good standing, you qualify. New loans qualify after you make your first payment.

What types of loans can I skip?

You can skip most secured and unsecured loans you have with Cabrillo, including your auto loan. Cabrillo Credit Cards, Mortgages and HELOCs are not eligible for our Skip-A-Payment program.

If you have a Cabrillo Mastercard® in good standing, we will automatically skip your December Mastercard® payment (with no fee to you), unless you choose to opt out. Due to credit card requirements, we are unable to skip payments for other months.

How much does it cost?

There is a $25 fee per loan for our Skip-A-Payment program. Skipping your loan payment will lengthen the term of your loan, but it frees up your payment for the month, without negatively affecting your credit. 

How do I submit my request?

The process for skipping your loan is fast and easy. 

Log into eBranch and select Loan Servicing. Then click on the Skip-A-Payment link and follow the prompt. 

If approved, you will receive immediate notification that your loan payment has been skipped.

If you have questions, please speak with a Member Support Representative

 

Skip-A-Payment is offered on approved credit. Certain restrictions apply. Interest continues to accrue during a skipped payment. 

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