All of your loan payments must be in good standing before you can skip. If you choose to participate in Skip-A-Payment, all of your qualified Space City CU loans will be skipped. Real Estate loans and Home Equity loans do not qualify. You may only participate in the Skip-A-Payment program once every 12 months for collateral loans such as Cars, Trucks, RVs, Boats, Motorcycles, etc. You may participate in the Skip-A-Payment program once every 6 months for Personal/Unsecured loans. Your collateral loan must be at least four months old in order to participate in the Skip-A-Payment program. All skipped payments are added to the end of the loan term, and interest continues to accrue. Please ensure that all borrowers and co-borrowers have agreed to this form. By submitting this form, you agree to the terms and conditions surrounding skipping your next scheduled loan payment.