Loan Support & Protection
HUD Federal Credit Union Skip A Pay & Loan Protection Services
The trusted loan support you've come to expect continues with options designed to help you stay on track through every stage of life's journey.
Member Loan Resources
Financial needs can change, but our commitment to supporting you remains the same. Whether you need temporary payment relief through Skip A Pay or added peace of mind with Loan Debt Protection, you'll continue to have access to solutions designed to help you navigate unexpected challenges with confidence. As we move through this transition, you can count on the same trusted service, guidance, and support you've relied on to help protect your financial well-being.
Skip A Pay
- Members may qualify for up to two Skip A Pay per loan, in the previous (rolling) 12 months.
- $25 fee per skipped loan payment
- Your loan must be active and current with the credit union for six months to be considered for the Skip a Payment program.
- Complete and return the form to the dedicated teller station at the Andrews Federal headquarters.
Loan Debt Protection
- Protects Your Loan Payments – Helps cover loan payments or outstanding balances during qualified life events, reducing financial stress when you need support most.
- Coverage for Major Life Events – Benefits may apply in cases of death, total and permanent disability, or involuntary unemployment.
- Flexible Loan Protection – Available for eligible loans, including auto loans, personal loans, and other qualifying HUD FCU loans.
- Simple, Optional Coverage – Can often be added when you apply for a loan, providing an extra layer of financial security for you and your family.
- Clear Terms and No Hidden Surprises – Coverage details, limits, conditions, and exclusions are provided upfront so you can make an informed decision.