Whether you're looking for some extra vacation cash or just need an extra helping hand throughout the year...we're here for you! We want to help by providing you the option to skip one of your monthly loan payments, now available throughout the entire year.
Ascentra's Skip-a-Loan Payment program is a great way to potentially ease your monthly budget. Imagine your financial possibilities with at least one less payment to make!
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 will want to plan in advance to allow time for processing your request. A processing fee of $30 per loan will be assessed and interest will continue to accrue on your unpaid loan balance, which may extend the maturity date of your loan.
How To Sign Up:
Simply print out the Skip-A-Pay form, then drop it off at your nearest branch or mail it to:
Skip-A-Pay - Ascentra Credit Union
P.O. Box 1107
Bettendorf, IA 52722
Please submit the form at least 10 days prior to your usual loan payment due date.
If you have questions about the form or program, please call us at (563) 355-0152, ext. 285 or (800) 426-5241, ext. 285.
*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 allow up to 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.