Skipping Your Auto Payment is Quick and Easy
1. Check to see if your auto loan is eligible in Online Banking or the SCCU mobile app. Skip a Payment is in the menu under Accounts.
2. Request to Skip a Payment as early as three months before the payment due date but no later than 10 days past the payment due date.
3. That's it. You're all done!
Have recurring payments? Don’t forget to turn it off for the month you've skipped!
All Share/Loan accounts must be in good standing. Finance charges will continue to accrue at the rate provided in your original loan agreement. Deferring a payment will result in higher total finance charges than if payments are made as originally scheduled and will extend the term of your loan resulting in extra payments after your loan would otherwise be paid off. If you previously elected credit life and/or disability insurance, premiums must be paid during the extended term months for benefits to continue. If you have GAP insurance, the coverage will not extend beyond the loan’s original maturity date as disclosed in the Installment Sales Contract/Loan GAP Waiver Addendum Election Form. If you have a GAP claim, the coverage may be reduced by any deferred payment amounts, and you may owe a balance. All requests are subject to approval. Certain restrictions may apply. SCCU reserves the right to discontinue or modify this program/offer at any time.