Skip Three Months of Payments? Here's How Our 90 Days No Pay Works
Summer is supposed to be about sunny days and making memories, but for many central Wisconsin families, it can bring unexpected financial stress. According to recent survey data, about 6 in 10 U.S. adults said their financial tension during the summer matches or exceeds the stress they feel during the year-end holiday season. Between vacation expenses, kids' summer activities, and home improvements, your cash flow can feel stretched thinner than sunscreen on a busy beach day.
That's exactly why Public Service Credit Union created our 90 Days of Summer promotion – to give you breathing room when you need it most.
What Is 90 Days No Pay?
Our 90 Days No Pay benefit is simple: when you take out an eligible loan between June 1st and August 31st, you won't make your first payment for three full months. Your loan starts accruing interest immediately, but you get a valuable cash flow break right when summer expenses are at their peak.
This promotion applies to most of our consumer loans, including auto loans and recreational vehicle loans. However, signature loans, Helper loans, Kwik Cash lines of credit, and real estate loans aren't eligible for the payment deferral.
Perfect Summer Scenarios for 90 Days No Pay
The Family Vehicle Upgrade
Your current car has been making that concerning noise for months, and with summer road trips on the horizon, it's time for a reliable replacement. With 90 Days No Pay, you can:
Finance your new vehicle without immediate payment pressure
Use your current monthly car payment budget for vacation expenses
Start fresh payments in the fall when summer spending winds down
This approach lets you address transportation needs without sacrificing other summer priorities or stretching your budget too thin.
The Boat or RV Purchase
Summer is peak season for recreational vehicles, and dealers often have their best selection available. While fewer Americans are planning summer vacations overall – down to 46% from 53% in 2024 – those who are traveling want to make the most of their time. With 90 Days No Pay:
Buy that pontoon boat you've been eyeing without disrupting your summer fun budget
Finance an RV and start creating memories immediately
Take advantage of summer dealer incentives without cash flow concerns
Real Financial Relief When You Need It Most
Americans currently carry an average of $105,056 in total consumer debt, and total consumer debt has reached a record high of $18.203 trillion. Summer expenses only add to this pressure. Summer travelers anticipate spending $3,861 on average for trip expenses, and nearly 9 in 10 summer travelers plan to use credit cards to cover some travel expenses.
The 90 Days No Pay promotion helps you avoid piling vacation expenses on top of new loan payments. Instead of juggling both, you get strategic breathing room.
How the Numbers Work
Let's say you finance a $25,000 vehicle with a 5.5% APR over 60 months. Normally, your payment would be approximately $477 per month starting immediately. With 90 Days No Pay:
Month 1-3: $0 payments (but interest accrues)
Month 4: First payment begins
Total benefit: $1,431 in cash flow relief during peak summer months
This gives you nearly $1,500 to allocate toward summer activities, unexpected expenses, or simply maintaining your regular budget without strain.
Beyond Payment Relief: Complete Summer Savings
Our 90 Days of Summer promotion includes additional benefits that stretch your dollars even further:
$90 Off Mortgage Closing Costs: Planning to buy a home this summer? We'll reduce your closing costs, saving you money at the most expensive part of the home-buying process.
0.90% Rate Reduction: Eligible secured consumer loans get nearly a full percentage point rate reduction. On a $20,000 loan, this could save you hundreds of dollars over the loan term.
Loan Giveaway: Every loan that closes during our 90 Days of Summer gets entered to win one of five $90 Kwik Trip gift cards. It's our way of saying thanks for choosing local.
“The 90 Days No Pay promotion helps you avoid piling vacation expenses on top of new loan payments. Instead of juggling both, you get strategic breathing room.”
Smart Summer Borrowing Strategies
Timing Your Purchase
The best candidates for 90 Days No Pay are planned purchases you were going to make anyway. If you need a vehicle, boat, or home improvement loan, timing it during our summer promotion maximizes your benefit.
Managing the Interest Accrual
Remember that interest still accrues during your payment-free months. If you have extra cash flow during the summer, consider making partial payments to reduce your total interest cost while still enjoying the flexibility.
Coordinating with Your Budget
Use those first three months to recalibrate your budget for the new payment. Financial experts note that "after accounting for strong personal incomes, debt loads are, in fact, historically low" when viewed in context of overall household finances. Plan how the eventual payment fits into your fall and winter budget.
The Local Advantage
As a community credit union, we understand the unique financial rhythms of central Wisconsin families. Summer means:
Higher utility bills from air conditioning
Increased gas costs for vacation travel
Kids' activity fees and equipment
Home maintenance that can't wait for cooler weather
Our 90 Days No Pay promotion recognizes these realities and provides relief exactly when you need it.
Is This Right for You?
90 Days No Pay works best when you:
Have a planned purchase that fits your long-term budget
Want cash flow flexibility during high-expense summer months
Understand that interest accrues from day one
Plan to comfortably make payments starting in fall
It's not ideal for impulse purchases or when you're already struggling with existing debt payments.
Getting Started
Ready to take advantage of 90 Days No Pay? Here's how:
Visit our Wausau branch for personalized guidance on which loan option works best for your situation.
Call us at (715) 842-9865 to discuss your needs with our lending team.
Email loans@publicservicecu.org to get pre-approved and explore your options.
Remember, our promotion runs through August 31st, so summer purchases made now still qualify for the full benefit.
Your Summer, Your Way
Recent consumer surveys show that 58% of Americans still plan to travel this summer despite economic concerns, proving that creating memories remains a priority even in uncertain times. Our 90 Days No Pay promotion ensures that necessary purchases don't derail your summer plans.
At Public Service Credit Union, we've been serving central Wisconsin families for 90 years. We understand that sometimes life's necessities don't align perfectly with your ideal timing. That's why we created this promotion – to give you flexibility when you need it most, with the trusted local service you've come to expect.
Summer should be about making memories, not financial stress. Let our 90 Days No Pay promotion help you enjoy both responsibility and relaxation this season.
Ready to learn more? Contact Public Service Credit Union today to see how 90 Days No Pay can work for your summer plans. Your future self will thank you come fall.
This promotion runs June 1st through August 31st, 2025. Signature loans, Helper loans, Kwik Cash lines of credit, and real estate loans are not eligible for payment deferral. Interest accrues from the date of disbursement. Contact us at (715) 842-9865 or visit publicservicecu.org for complete terms and current rates.