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  • Consumer Loan Skip-A-Payment

  • Please Note: CVFCU members can skip their loan payment on their New/Used Auto, Share Secured, Boat, RV, Motorcycle, VISA®, and Personal Loans. (Real Estate loans are not eligible).

    To request a Skip-A-Payment, simply fill out the form below. For further questions, please contact us. 

  • ***Both account owner signatures are required in order to authorize the Skip-A-Payment request.

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  • FOLLOWING TERMS APPLY TO THE SKIP-A-PAYMENT:

    • Member must have made as least six (6) payments on loan that is chosen to Skip-A-Payment.
    • Member may not have been fifteen (15) days or more late with their loan payment within the last twelve (12) months.
    • Interest will continue to accrue during the month you choose to skip.
    • Payments made through payroll deduction or Direct Deposit will be deposited into your savings account for the month.
    • When payments resume as scheduled, the unpaid interest will be collected first, and all the terms and conditions will apply, following the month skipped as indicated above.
    • Skipping a payment and/or the corresponding fee may result in higher total finance charges on your loan, but the rate will remain unchanged.
    • Skipping payments will extend the term of your loan.
    • Maximum of one (1) Skip-A-Payment every twelve (12) months.
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