Skip a Loan Payment This Holiday Season and Stress Less About Gift Shopping

The holidays are full of joy, celebration, and connection, but they can also bring extra expenses and stress. Between travel plans, festive meals, and gift shopping, budgets can feel stretched thin. If you are looking for a simple way to manage your holiday expenses, Energy One Federal Credit Union offers a perfect solution with our Skip-A-Payment program.Through our Energy One Pick Your Skip holiday option, you can skip a loan payment this holiday season and give your budget the breathing room it needs. Whether you want to put a little extra toward Christmas shopping or keep more in savings for the new year, this credit union skip payment option for the holidays is designed to make your season stress-free and financially manageable.

What Is the Energy One Pick Your Skip Holiday Program?

The holiday loan skip program at Energy One Federal Credit Union gives qualifying members the opportunity to skip one monthly loan payment on eligible accounts. Instead of paying your regular loan payment for that month, you can redirect those funds toward other seasonal needs, such as gifts, travel, or festive meals.It is a simple and smart way to manage holiday expenses with a skip payment and avoid high-interest debt from credit cards or payday loans.You might use your skipped payment to:

• Cover gift shopping and travel plans
• Pay seasonal bills like heating, décor, or groceries
• Boost your emergency savings fund
• Enjoy peace of mind knowing your budget is not overextended

At Energy One, we know that flexibility matters. Our holiday loan skip program gives you the freedom to choose the month that works best for you, making it one of the most flexible loan options during the holidays.Learn more or apply online at EnergyOne.org or visit one of our local branches!

How Skipping a Loan Payment Can Help with Holiday Spending

Wondering how skipping a loan payment can help with holiday spending? The answer is simple. It gives your budget a break when you need it most.Let's say your auto loan payment is $400. Skipping that payment in December immediately frees up $400 you can use for travel, gifts, or to catch up on other bills. Instead of relying on credit cards, this credit union holiday financial relief program helps you stay in control of your finances while keeping your holiday spirits high.Unlike traditional holiday loans that add new debt, the Energy One Pick Your Skip holiday option simply defers one payment to the end of your loan term. You still maintain your good standing with the credit union while enjoying real relief right when you need it.It is a safe, member-focused way to manage holiday gift shopping with a skip-a-payment benefit and start the new year feeling financially confident.

How the Holiday Skip-A-Payment Program Works

Participating in the Energy One Skip-A-Payment program is easy. To qualify, your loan must meet eligibility requirements, and your account must be in good standing. Certain loans, such as real estate or credit card balances, are not eligible.Here's how to get started:

1. Check Your Eligibility - Confirm your loan qualifies for the program. Auto and personal loans often qualify.
2. Apply Online - Log into your Energy One Online Banking account or use the Energy One mobile app to complete the short application form.
3. Select Your Month - Choose which payment you would like to skip. Many members select December to cover Christmas shopping expenses.
4. Pay a Small Fee - A small processing fee applies, which helps cover administrative costs.
5. Enjoy Extra Cash - Once approved, your payment is deferred to the end of your loan term, freeing up funds for holiday spending.

The entire process can be completed in minutes, and members typically receive confirmation quickly. It is one of the simplest ways to use a credit union skip-a-payment program for Christmas gifts or other seasonal needs.

Real Members, Real Holiday Relief

Our members often share how much the Energy One Skip-A-Payment program helps them during the holidays."I was not sure how I would cover all my travel and Christmas gifts this year, but skipping my car payment gave me the room I needed," said Maria H., an Energy One member from Tulsa. "I stayed within budget and did not have to rely on credit cards.""The Pick Your Skip program gave me breathing space when I needed it," said David L. from Houston. "It is one of the best things about being part of a credit union that truly understands its members."These experiences reflect Energy One's long-standing mission to provide members with financial tools that reduce stress and promote peace of mind.

Benefits Beyond the Holiday Season

Although the Energy One Pick Your Skip holiday program shines during the holidays, it can be just as helpful at other times of the year.Here are some reasons members love this credit union skip payment program:

• Budget flexibility: Great for months with extra expenses, such as summer vacations or back-to-school season.
• Avoid high-interest borrowing: Skip-a-payment gives you relief without the added cost of payday or holiday loans.
• Protect your credit: Because the skip is approved by the credit union, it will not negatively impact your credit report.
• Simplify your finances: Use this time to catch up, plan ahead, or save for future goals.

This approach offers real holiday budget help and long-term financial stability. To take your financial wellness even further, visit our Financial Education Center to explore budgeting tools, savings tips, and holiday money-saving tips from credit unions like Energy One.

Combine Skip-A-Payment with Smart Holiday Planning

Skipping a payment gives you flexibility, but pairing it with smart budgeting can make your dollars stretch even more.Here are some ways to combine holiday budget help with your skip-a-payment benefit:

1. Make a spending plan early.Write down everyone on your gift list and assign a realistic spending limit. Planning ahead prevents last-minute overspending and helps you stay in control.
2. Shop smart.Take advantage of local sales, early deals, and cashback rewards. Using a debit or rewards card linked to your Energy One account can help you earn while you spend.
3. Track your purchases.Use Online Banking or the Energy One mobile app to monitor your transactions in real time.
4. Save for next year.Open a Savings Account dedicated to holiday spending. Depositing a little each month throughout the year can make next year's shopping easier.
5. Use your skip wisely.If you skip a payment for Christmas shopping, make sure the extra funds go toward meaningful purchases or financial goals. It is a perfect opportunity to spend intentionally and reduce stress.

Why Choose Energy One for Your Holiday Financial Relief

Since 1935, Energy One Federal Credit Union has been helping members make smart financial choices with confidence and care. Our story began as a small credit union serving oil and gas employees and has grown into a full-service financial institution serving members nationwide.Our credit union holiday financial relief options, such as the Pick Your Skip holiday program, reflect our dedication to helping members enjoy life's special moments without financial worry.Energy One members benefit from:

• Competitive rates on auto and personal loans
• Online and mobile banking for easy access
• Youth accounts to teach smart saving early
• Mortgage and home equity products for long-term growth
• Flexible loan options during holidays and beyond

We believe banking should work for you, not the other way around.

Credit Union Skip Payment Program vs. Holiday Loan

If you are deciding between taking out a holiday loan or using a credit union skip payment program, the Skip-A-Payment option often makes more sense.FeatureSkip-A-PaymentHoliday LoanAdds new debtNoYesRequires credit approvalNo additional approvalYesLow or no interestYesOften higher interestEasy to applyYes, through online bankingTypically longer processCredit impactNone when approvedMay affect credit if balance grows Choosing a skip program helps you stay financially balanced and avoid unnecessary borrowing. It is a key part of our stress-free holiday shopping credit union approach to member service.

How to Apply for Skip-A-Payment

Getting started with the Energy One Pick Your Skip holiday program is quick and simple:

1. Log in to your Energy One Online Banking account or mobile app.
2. Select your eligible loan from your account dashboard.
3. Choose your skip month, typically December or January.
4. Submit your request and wait for confirmation.

If you need assistance, contact our Member Services team or stop by your nearest Energy One branch. We will walk you through every step to ensure your experience is smooth and rewarding.

Give Yourself the Gift of Financial Peace

This holiday season, take a moment to focus on what truly matters: family, community, and connection. With Energy One's Skip-A-Payment program, you can reduce financial stress and enjoy the season with confidence.When you choose to skip a payment for Christmas shopping, you are choosing to celebrate without the burden of added debt. It is a simple step that brings peace of mind during one of the most wonderful times of the year.So go ahead and give yourself the gift of financial freedom with the Energy One Pick Your Skip holiday program.

Ready to Skip a Loan Payment This Holiday Season?

Visit EnergyOne.org to learn more about the holiday loan skip program, check eligibility, or apply online.Energy One Federal Credit Union helps you stress less, spend smart, and celebrate more this holiday season.