What is Skip-A-Payment?
Now you have the option to skip a loan payment without impacting your credit rating. Are you planning on going on vacation next month and want to skip your car payment? Now you can because with our Skip-A-Payment Program, Telco is here to meet your financial needs.
The Skip-A-Payment Program gives you the option to defer a monthly payment on an eligible Telco Loan to the end of the loan. We advance your payment due date and your maturity date (for example on a 48-month loan, if one payment is skipped, you make 48 payments over 49 months). It is that simple.