Skip-A-Pay FAQ

This program allows you to skip your Alabama Credit Union Auto or Consumer loan payment.

To be eligible, your loan must have been open for at least six months and be in good standing, have not skipped or deferred more than two Alabama Credit Union loan payments in the past 12 months, and have no history of late payments at Alabama Credit Union.

Auto loans and personal loans that have not been skipped or deferred more than twice in the past 12 months are eligible for Skip-A-Pay. Mortgage loans, home equity loans, credit cards, and other lines of credit are not eligible.

There is a $35 fee per skip, per loan. To pay your $35 per loan service fee, you may give us authorization to deduct from your Alabama Credit Union checking or savings account or you may pay by debit or credit card.2

Members may skip any eligible loan up to two times in a 12 month period. The Skip-A-Pay must be six months apart. 

Example: If you skip your auto loan payment in June, you would be eligible to skip your auto loan payment again in December. Just in time for the holiday season!

Click here to complete the Skip-A-Pay form. You must provide payment for the $35 service fee before your loan payment can be skipped. To pay your $35 per loan service fee, you may give us authorization to deduct from your Alabama Credit Union checking or savings account or you may pay by debit or credit card.2

If you skip your loan payment, interest will continue to accrue on your Alabama Credit Union loan and the term will be extended. Also, If more than 3 payments are skipped during the life of an auto loan with GAP coverage, payments from GAP claims may be reduced. 

You are responsible for rescheduling the dates on all ACH and other automatic bill payments that you have set.

You will need to log into the Bill-Pay to stop and restart the payment. Please remember to turn it back on after your skip.