Is This You?

Summer is in full swing. Kids are out of school until at least late August. The family wants to enjoy

the extra hours of daylight and nice weather. You’ve got your eye on local events, festivals and fairs, or maybe you’re craving a vacation.

Everything seems to pop off during summer!

But those pesky loan payments like to get in the way, don’t they? They’re eating up just enough of your monthly budget that vacation or summer outings stress you out.

Summer is meant to be enjoyed – and this is where Skip-A-Payment can come in.

How Can I Skip a Payment?

Skip-A-Payment, or Skip-A-Pay, is technically a form of loan payment deferral. For a small fee, it basically moves your loan payment for a given month and adds it to the end of your term.

You can skip a payment on your car loan (if you don’t have GAP Insurance) or any type of personal loan payment – but credit cards, lines of credit and real estate loan payments cannot be skipped. If you have more than one eligible loan, you may skip a payment on each of them for the same month.

You pay for the skip before your scheduled payment date. At Wave FCU, you must request your Skip-A-Payment two to five business days before your due date and pay a nominal $20 fee per loan skipped. Once you’re ready to skip your monthly loan payment, you can apply easily online!

Should I Skip My Loan Payment?

Taking advantage of a loan Skip-A-Payment can be extremely helpful for summer expenses (or holiday expenses, if it’s later in the year), but it’s not always your best option. Consider the pros and cons below:

If you choose to skip your loan payment, you may have to pause any automatic payments you have set up. But as long as your loan is in good standing, each loan can be skipped once per calendar year.

So… What Is There to Do in Rhode Island This Summer?

Lots! You might never run out of fun things to do in Rhode Island. Whether you’re looking for something kid-friendly or more suitable for adults, there are tons of Rhode Island activities and summer events near you – and all around the state.

Experience Art and Culture

Rhode Island boasts numerous locations and things to do for the art lover, and they’re not all museums! Plus, for the shopper: Did you know that Rhode Island has no sales tax on art purchases?

Check out some of these ideas to get you out of the house.

• Go on a self-guided public art tour in Providence.
• Take a glassblowing class at Gather Glass, also in Providence, and take home your own glass creation!
• Stroll around historic Pawtuxet Village or tour Clouds Hill Victorian House Museum in the Warwick area.
• Hit up Hope Artiste Village in Pawtucket for a musical event or their Saturday Neighborhood Marketplace.

Spend Time Outside

When the weather is nice, it’s time to get outside! Rhode Island has things to do aplenty under the sun. Spend time alone, gather the kids or head out with friends – anyone can enjoy the sunshine, and the physical activity is good for you!

• Get away without traveling far at Block Island. Take a ferry for the day or spend a few nights at one of the hotels.
• Take a ghost tour of Newport. Even if you don’t believe in ghosts, it’s a fun way to experience some historical sites of Newport!
• Bike along one of several biking routes, ranging from 10 to 30 miles long for both casual and seasoned cyclists.
• Head to a sandy beach in South County – and don’t forget the sunscreen!
• Explore the coast and walk the Cliff Walk in Newport and Bristol.
• Visit the Roger Williams Park Zoo and Carousel Village for all-ages fun.
• Rent a kayak, canoe or stand-up paddleboard on the Narrow River.
• Go boating on a budget at Roger Williams Park.

Have Fun Indoors

We know you don’t always want to be outside. Maybe it’s an extra hot day, or maybe it’s raining. Whether the kids are itching to get out of the house or you’re feeling some cabin fever, there are plenty of fun activities that keep you out of the rain or heat!

• Visit R1 Entertainment Center for go-karts, an arcade and more.
• Go bowling at your local bowling alley.
• Hit up Providence Children’s Museum with the younger kids, or check out any of Rhode Island’s unique museums.
• Reserve an escape room for a group of friends or family members.
• Splurge on a spa day for yourself at any of your local spas.

Check the Event Calendars

Your town or other nearby neighborhoods likely have a lot going on already! Head to your town’s official website, visit your local library or go to visitrhodeisland.com to check out their event calendars. There, you’ll discover plenty of things to do, including…

• Live music shows and concerts
• Drive-in movie options
• Free, unique experiences – including a family-friendly Scavenger Hunt!
• Annual fairs and festivals

As you can see, there are lots of things to do in Rhode Island, with kids or without kids.

If you decide to take advantage of Skip-A-Payment to free up some cash for more summer fun, let us know! Remember: You can request your skipped loan payment online with ease. Learn more about Wave FCU’S Skip-A-Payment program here. Enjoy your summer!