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Skip A Loan Payment

woman buying something on mobile device
woman looking at finances

Let’s say you are cramped for cash or are in need of a little extra spending money.  You can use Skip-A-Pay to skip a loan payment and give yourself extra financial flexibility.  Simply pay a small fee:

  • $40 to skip a loan payment of $600 or less
  • $60 to skip a loan payment over $600 plus

As long as your loan qualifies for the service and you meet the member requirements below, you can use Skip-A-Pay no questions asked!

You may skip securely using the Online web portal or if you have enrolled within Online Banking you may login and initiate a Skip through Online Banking.

How many times can I use Skip-a-Pay?

  • You are allowed 4 skips during the life of most loans
  • You are allowed 1 skip during the life of any First Time Auto Buyer Loan

To use Skip-a-Pay, Members must maintain

  • Positive Savings Balance
  • All loans must be in good standing and you must make the first 3 payments before you can initiate a Skip
  • Member can skip 2 consecutive payments and wait for 120 days before skipping the next payments if desired
  • Member must be able to fund Skip-a-Pay payment using ACH from another financial Institution, Debit/ Credit Card (a convenience fee of $1.50 will apply for using a debit/credit card), or Greater Alliance Savings or Checking

Skip Your Loan Payment