Emergency Skip-a-Pay

Relieved man sitting in his car

We’re offering Skip-a-Pay at no charge.

To help all of our members who have been affected by the COVID-19 pandemic, we are offering an emergency Skip-a-Pay option for your April or May 2020 loan payments(s)*.

PLEASE NOTE: There is no charge to take advantage of this service! We are waiving the standard $25 fee for Skip-a-Pay processing.

The following criteria must be met:

  • Loan is not a first mortgage, home equity line of credit, second mortgage, commercial loan, or credit card.
  • Loan cannot be more than 30 days past due.
  • Loan has a remaining balance greater than $25.
  • Loan’s next payment is due in either April or May 2020.
  • Borrower is at least 18 years old.

If your loan(s) do not qualify, unfortunately, you’ll still need to make your regularly scheduled payment. (We’re working on additional options for other loans, so stay tuned!) If you’re skipping an automatic payment, please submit the Skip-a-Pay request at least FIVE (5) business days prior to the due date to allow processing time.

The slickest way to get this done is to log into online banking or mobile banking, go to “Services” and click on “Skip-a-Pay” in the dropdown menu. (You’ll still need to click through the fields asking for payment options. Don’t worry! You will NOT be charged!) You may also contact our member services team to set it up for you.

If you know other Linn Area Credit Union members who may need to take advantage of the Skip-a-Pay option due to current circumstances, please spread the word. We’d like to help as many members as we can!

*Borrower must be at least 18 years old. All Skip-a-Pay requests are subject to approval. GAP and other ancillary products may not cover skipped payments; refer to your product contract(s) for details. Linn Area Credit Union is not responsible for updating automatic payments made via third party, such as Pegasus Pay, Online Bill Payer, etc.