Skip a Loan Payment with our Skip-A-Pay Program*
Holiday expenses have a way of putting preasure on your budget. Don't worry! You can skip a payment on your qualifying loans! It’s simple; complete this form and return it to the credit union. A $25 processing fee will be charged on each loan payment skipped.
Complete, sign and return to one of our branches or fax to (636) 939-7150.
Looking to skip a payment on a loan from another institution? Ask us how to refinance and delay your first payment for up to 45 days!
*This program is not available on home equity products, credit cards, loans originated for less than $600 or mortgages. Loans must be in good standing, have had at least one payment since originated, have not had any other payment deferments in the past six months, have not already skipped six payments during the term of the loan and meet other eligibility limitations which may apply. During the Skip-a-Pay period, normal finance charges will continue to accrue and be payable with the last payment resulting in extending your loan term one month. If your loan payment is being debited from another institution, your authorization on this form will cancel it for the month selected. Please allow 15 days for processing. Skipping more than one payment per year may impact your GAP Insurance Coverage limits (if applicable). Please contact Member Services for more information. All borrowers must sign this form.