What is Skip-A-Payment?

At Telco, we understand that life can sometimes throw unexpected challenges your way. If you're finding it difficult to make a loan payment this month, we’re here to help. Our Skip-a-Pay option is designed to give you a little breathing room when you need it most, whether it's an unforeseen expense or simply a tough month. 

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.