Skip-a-Payment

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Financial Relief

 

Wouldn’t it be nice to take a break from your loan payment? With Ascentra’s Skip-A-Payment you can do just that! 

If you're a member in good standing with Ascentra Credit Union, you may skip a loan payment due any time of the year. No pre-approval is necessary to take advantage of this offer, but you must submit the form at least 10 days prior to your usual loan payment due date – so plan in advance to allow time for processing your request.

In our efforts to relieve the financial stress due to COVID-19, the processing fee of $30 will be waived through May 2020.

This program is a great way to potentially ease your monthly budget.

 

 

 


Fill Out the Form Below to Get Started

Thanks for filling out our form. A staff member will be in touch shortly to acquire your e-signature so please make sure your phone number and email are valid. If you have any questions, you can reach out to our Member Solutions department at 563-355-0152 ext 285.




Please provide the Ascentra account # that the processing fee should be withdrawn from

I understand that interest will continue to accrue on the loan and that skipping a loan payment may extend the term of my loan.

Either Borrower or Co-Borrower's Signature is accepted.

Please type the Borrower's name as it appears on the account.

Please type the Borrower's name as it appears on the account.

*Offer excludes Visa Credit Cards, any other open-end lines of credit, or any loan secured by a dwelling. A $30 processing fee per loan covers all payment frequencies (maximum of 4 weekly, 2 bi-weekly, 2 semi-monthly, or 1 monthly) for a 30 day period.

Please submit form at least 10 days before the loan due date for processing.

Maximum of two non-consecutive skip-a-pays are allowed per eligible loan per calendar year. Maximum of 6 skip-a-pays per life of loan and not eligible for consecutive 30 day periods. First month's payment must be satisfied for new loans to be eligible. Skip-a-pays are not eligible in conjunction with loan extensions or delinquent/past due loans. If you have GAP Protection, any amount of the loan that is skipped may not be covered under the GAP Protection policy. All title issues must be resolved prior to processing(this includes loans not being skipped). Other restrictions may apply.

Upon submission a member of our staff will be in contact to acquire your e-signature, so please make sure your email and phone number are valid. If you have any questions you can reach out to our Member Solutions department at 563-355-0152 ext. 285.

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