Please complete the following form to apply for the Skip-A-Payment program. Please note that there is a $25 fee for this service.
      (If "yes" you must stop this transfer):
  • The original term of the loan will be extended by the selected skip a pay duration. For example, a skipped payment for one month on a loan with an original term of 24 months will be extended to 25 months. In addition, Finance Charges will continue to accrue on daily basis at the annual percentage rate set forth in my loan agreement, both during and after the deferral period. As a result, the skip a payment option will result in higher total finance charges being paid to the Credit Union. If applicable, monthly Credit Life and Disability payments will still be added to the loan on the skipped month. In all other respects the provisions of the original loan agreement remain in full force and effect. It is my responsibility to ensure that automatic payments resume after this deferment period. Failure to do so may affect my credit rating and increase the interest paid on the loan. I understand it can take up to 7 days for us to process the skip a payment request and I can skip up to 2 payments in a 12 month period and my accounts must be in good standing. The processing fee will be deducted from my credit union account.