Make the Most of Your Holidays with Holiday Skip-a-Pay!

The holiday season is a time for celebration, family, and joy, but it can also bring financial stress with the added costs gift-giving, traveling, and festivities. That’s where the magic of Holiday Skip-a-Pay comes in! Skip-a-Pay allows you to skip a loan payment, providing a much-needed breather during difficult times. In this article, we’ll explain what Skip-a-Pay is, how it works, and why it’s a great option—especially during the holiday season. 

What is Skip-a-Pay?

Skip-a-Pay allows you to skip a payment—usually on an auto or personal loan—for one month, without penalties or an impact on your credit score. Essentially, you keep that month’s payment in your pocket, which can help cover holiday expenses like gifts, travel, or other celebrations. The deferred payment is added to the end of your loan term, giving you temporary financial relief when you need it most.

Why Consider a Holiday Skip-a-Pay?

The holiday season can stretch your budget to its limits, but with Holiday Skip-a-Pay, you can free up some money to allocate toward holiday expenses. At Park View, both auto loans and personal loans are eligible and skipping a payment won’t affect your credit or result in penalties. To qualify, you’ll need to meet a few simple criteria:

• The loan and account are current
• At least six payments have been made,
• No skipped payments have occurred in the last 12 months
• The request is submitted at least five business days before the due date.

By taking advantage of this program, you can enjoy some extra financial freedom this holiday season! But remember, Skip-a-Pay isn’t a debt forgiveness program. While it provides short-term relief, skipping a payment will increase the total interest paid over the life of the loan.

No Fees – The Best Gift of All

While many financial institutions may charge a fee for this service, one of the best things about Park View’s Holiday Skip-a-Pay is that we’re waiving the usual $25 fee from November 1 through January 31. That means you can skip your payment completely free of charge.

How to Skip-a-Pay this Holiday Season

Requesting your Skip-a-Pay is incredibly simple. You can do it in just minutes through Park View’s online banking platform or mobile app—no paperwork, no hassle. If you’re interested in using the Skip-a-Pay option this holiday season, follow these quick steps:

1. Log in to your account online or through our mobile app.
2. Tap the “Move Money” section in our menu and select “Skip Payment.”
3. Confirm your skipped payment and enjoy a little more freedom in your holiday budget!

If you need assistance, you can always reach out to one of our Consumer Lending Advisors.

Financial Flexibility This Holiday Season

This holiday season, give yourself the gift of financial flexibility with Park View’s Holiday Skip-a-Pay. Whether you need some extra cash for presents or just want to enjoy the festivities stress-free, our program is here to help—and during the holidays, it’s free! Take a break from your loan payment and celebrate the season with peace of mind.

Happy Holidays from all of us at Park View!