Skip Payment Program

If you need financial relief, you can choose to skip eligible loan payments.


Free Up Your Budget With Our Skip Payment Program! 

Purchasing presents, paying bills, and juggling all of life's other expenses can utilize a large portion of your funds. If you're looking to create some breathing room in your holiday budget, Arbor Financial offers some breathing room to Michigan families with a Skip Payment program that allows borrowers to miss a loan payment here and there. With a lighter load, you can catch up on other bills or create the holiday your family has been dreaming about. 

Here's some essential information about Arbor Financial's Skip Loan program:

  • Skip payments in up to two months per calendar year
  • Limit (8) skip payments may be performed during the life of the loan
  • Eligible loans include auto, RV, boat, Motorcycle, or personal loans
  • A request must be received at least seven days before the payment due date
  • Three consecutive payments must be made on any new loan before a payment can be skipped
  • A $35 per loan, per month skipped processing fee will be applied
  • Offer does not apply to first mortgages, certificate-secured loans, credit cards, fixed-rate home equity loans, lines of credit, business loans, Fresh Start auto loans, or any delinquent loans

Free up your budget today!