No matter how you make your payment, you can choose to skip it for a one-time fee of $40. Contact us at least one week prior to your payment due date to ensure the skip. Provide a check for $40 per loan or permission to debit the fee(s) from your account. For more information or to request a Skip-A-Pay, please contact us at 800.830.3078.
*This program is not available for share secure or better choice loans, home equity products, credit cards, mortgages, or loans less than six months old. Only one payment can be skipped per eligible loan. There is a $40 fee for each loan skipped. Normal finance charges will accrue during the Skip-a-Payment period and will be payable upon your final payment. Skipping a payment will extend the term of your loan by one month. If your loan payment is automatically deducted via payroll deduction or automatic transfer, the amount of the payment will remain in your savings or share draft account at WAFCU. If WAFCU originates an electronic transfer from another institution to make your loan payment, the transfer will not occur during the Skip-a-Payment period. If your loan payment is made via direct deposit, contact your employer to adjust your payroll allocations. WAFCU reserves the right to refuse any Skip-a-Payment request and will advise you only if your request is denied. Additional limitations may apply.