Skip-A-Pay Request Form 

Qualified members may have the option to skip their loan payments for one month on one or all of their Serve Credit Union loans!

There is a small fee of $25 per loan for this service. To determine if you are eligible to skip your loan payments, fill out the form below and a member of our Loan Team will be in contact! Thank you!

  • Applicant/Co-Applicant must not have caused a loss to SCU

    All applicant/co-applicant loan(s) and account balance(s) with SCU must be current, with no delinquencies or negative share/share draft balance(s) within the last 60 days prior to SCU receiving the written Skip-A-Pay Request form

    The loan account must have been open for at least 180 days

    There must be no active system "freeze codes" on the applicant/co-applicant's account(s)

  • Eligible loans are closed-end, simple interest consumer loans such as but not limited to: new and used autos, recreational, share secured, consumer goods and personal unsecured.

    Loans not eligible include: real estate secured, business, student loans, personal lines of credit and credit cards

    You may skip one full payment per eligible loan twice per calendar year and no more than 5(five) times over the life of the loan.

  • You must complete one authorization request form per eligible loan

    Automatic payments received electronically from another financial institution may require additional signatures to stop and restart. Requests must be received at least 10 business days prior to your payment due date

    You will be responsible for stopping and restarting recurring payments set up through online banking

    Skipping payments may reduce the total value of benefits provided by ancillary credit products s sold in connection with the loan. For example: if you purchased GAP Protection or Debt Protection on the loan, there may be limitations per the GAP or Debt Protection contract. Please r review your contract for each protection purchased.