Yes, monthly payments are still required on your loan. We do have a skip pay program that you can utilize as long as your loan qualifies. The fee to skip one month payment is 30.00.
peninsula Credit Union Blog
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My vehicle is a total loss, do I still need to make my monthly payments?
May 21, 2019 in
Next Steps
There are many resources available from Peninsula Credit Union to help you take steps to securing your financial future. Here are just a few:
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Financial Fitness: Understanding Different Types of Student Loans
If you or a family member will be attending college soon, you’ve probably noticed that the sticker price for a ... Read More
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Financial Fitness: What is a 529 Plan?
If you’d like to save for your child’s future higher education expenses while also reducing your tax liability, consider opening ... Read More
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Financial Fitness: Dealing With the Student Loan Crunch
Student loan debt is at an all-time high and only continues to grow. It’s a sobering fact, especially considering that ... Read More