Skip A Payment

Take a timeout from your loan. Skip a payment between October 1, 2025 and January 31, 2026 to free up some cash!

How does Skip a Payment work?

You can skip a loan payment for each of your Blue Flame loans once during any 12 month period. The payment is deferred and the loan maturity date is extended by one month. Interest and debt protection premium charges, if applicable, will continue to accrue. All loan terms and conditions otherwise remain the same. Loans established as bi-weekly payments will skip two payments. Members using Direct Deposit allocations for loan payments will have the loan payment allocation deposited into savings rather than applied to the loan.

Which loans are eligible for Skip a Payment?

All Blue Flame loans are eligible for Skip a Payment, with the exception of First Mortgages. 

Skip a Payment requests are not available for loans:

• With less than six months payment history
• That are currently delinquent
• Having received payment extensions in the past 6 months

Requesting Skip a Payments

A signed Skip A Payment Request Form must be completed, including all loan suffixes for which a Skip Payment is requested. The Skip a Payment fee(s) must be paid in full before the loan payment(s) may be deferred. The fee to skip a payment is $25.