How it Works
- 1Check that your loan payment is qualified for Skip-A-Pay
- 3The term of your loan will be extended by one month and the interest will continue to accrue
- 4Breath easier
For auto loan payments, please check with your GAP protection carrier to determine how Skip-A-Pay may affect your coverage.
- Eligible loan types: Auto, Personal, RV, Boat and Motorcyle, and Signature Loans
- Your loan must be current with no collection action pending
- Your account must not be overdrawn
- Skip-A-Pay form must be submitted before the due date of the loan payment you wish to skip
- Skip-A-Pay has not been utilized in the last 12 months
*Other restrictions may apply. All other payment terms of your loan agreement will remain in full force and effect.