Skip-A-Pay

No matter how you make your payment (by check, payroll deduction, or automatic transfer), you can choose to skip it for a one-time fee of $40.  Contact us by close of business on
May 28, 2021 for the June skip, or June 30, 2021 for the July 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 direct deposit, payroll deduction, or automatic transfer, the amount of the payment will remain in your savings or share draft account at WAFCU.  If funds are transferred from another institution to make your loan payment, the transfer will still occur during the Skip-a-Payment period.  Incoming funds will remain in your savings or share draft account at WAFCU and will not be applied to the loan.  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.