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Skip-A-Pay

Skip your loan payment so you can put money towards what you need most.

Skip Your Loan Payment

If you're looking for some breathing room in your budget, Georgia United Credit Union's Skip-A-Pay program can help. For a $40 fee*, you can defer your loan payment and use the funds for other needs.

 

Eligibility 
  • Available for consumer loan products including personal loans and collateral loans (excluding CURE and Indirect Auto Loans)
  • Loan must be open for more than 90 days and have three months of payment history
  • Loan must be current with no delinquency greater than 30 days in the last six months
  • Account must be in good standing
  • Maximum of two skips per calendar year

 

Submit Your Skip-A-Pay Request

Skip-A-Pay requests must be submitted prior to your due date and are subject to Georgia United approval. If accepted, a $40 service fee will be deducted from your checking or savings account.

To submit your request, log in to Online Banking, select 'Services' on the navigation menu and click 'Skip-A-Pay'. You can also call us at 888.493.4328.

 

Frequently Asked Questions

If you've already completed two skips this calendar year, you won't be eligible to skip another payment until next year.

If you are experiencing extreme hardship, we may be able to help. We can do a full financial review to see how Georgia United can assist you in your time of need. Please email us your name, contact information and a description of your situation and we will reach out to you with more details.
Yes. Once you are approved to skip your payment, you will also need to cancel or postpone any automatic payments to your loan for that month.

 

Yes, a $40 fee is charged each time a payment is skipped.

You may complete two skips per calendar year.

*All Skip-A-Pay requests are subject to Georgia United approval. Interest and finance charges will continue to accrue. Deferring your payment will extend the term of your loan(s), and at the end of the loan(s), a higher total finance charge will be paid than if payments had been made as originally scheduled. Your payment(s) will resume the following month. To be eligible, your account must be in good standing with a $5 minimum balance, no active bankruptcies, and have no charged off accounts. Offer valid for the following consumer loan products: personal loans and collateralized loans (excluding CURE and Indirect Auto Loans) that are current with no delinquency greater than 30 days in the last six months, open for more than 90 days and have three months of payment history. You may complete two skips per calendar year. This offer may be used for one of the following options: one monthly loan payment, two consecutive bi-weekly payments or four consecutive weekly loan payments. If there is GAP coverage on this loan and the vehicle becomes totaled, this skipped payment may not be covered under the GAP policy. It is your responsibility to cancel any scheduled payments from other financial institutions.