Skip-A-Pay

Are you looking to stretch your family’s budget this season? Skip your loan payment This October, November, or December for just $39 per loan. It’s easy to get started. Learn more by clicking the link below!

Please complete the form below.

Skip-A-Pay is valid for use during the months of October, November, or December of this year. The cost to use Skip-A-Pay is $39 per loan. Other terms apply. See below:

  • Mortgages, HELOC, Better Choice, Driving Sense, and Visa accounts are not included in this program.

  • You must be a member in good standing, including Share Accounts.

  • You will be charged a $39 fee for each loan skipped, and only one month’s payment per loan may be skipped.

  • Skip-A-Pay request(s) must be submitted ten days before the loan due date.

  • Interest will continue to accrue on your loan(s).

  • The co-applicant on the loan must also sign the Skip-A-Pay request.

  • Your loan term will be extended, and other restrictions may apply.

  • This offer is only valid through December 31st of this year.

NOTE: If you need to add more than three loans, contact the credit union.

 

By participating in New Alliance FCU (NAFCU) Skip-A-Pay program, you request that NAFCU defer your loan payments as indicated. You agree and understand that 1) finance charges will continue to accrue at the rate provided in your original loan agreement during and after this time; 2) Deferring your loan payment will result in you having to pay higher total FINANCE CHARGES than if you made your payments as originally scheduled; 3)The payment deferral will extend the terms of your loans(s) and your will have to make extra payments after your loan would otherwise be paid off; 4)You will be required to resume your payments the following month; 5) Insurance, Debt Protection, GAP coverage will not be extended beyond the original maturity date; 6) All deferrals are subject to NAFCU approval; 7) Your loans must be current to accept this offer; loans over 30 days past due are subject to additional approval. Certain restrictions may apply; 8) If you are making loan payment from another institution (ACH or Direct Deposit) then the funds we receive will be put in your savings account. There is a $39 processing fee per loan, which will be deducted from your account or paid over the counter (as specified above). All loans listed will be skipped for the month listed; only one month may be skipped for this promotion.