Ever wish you could hit “pause” on your monthly loan payment? With our Skip-a-Pay program, you can free up a little extra cash for those holiday expenses, vacations, tax time or just when you need a little break.
Terms & Qualifications
Eligible Loan Accounts: Vehicle, Recreational, Personal, Holiday and Fast Cash.
All accounts with Western Division must be in good standing for consideration of a Skip-A-Pay.
You must have had the loan open and made three (3) months of payments to be eligible for the Skip-A-Pay.
Skip-A-Pay can be used on each eligible loan a maximum of four (4) times during the duration of the loan term, but no more than two (2) months within a 12-month period.
Skip-A-Pay Request must be received ten (10) business days in advance of loan due date.
During the Skip-A-Pay month, interest will continue to accrue at the prevailing interest rate. Skip-A-Pay will extend the term of your loan and may effect life/disability claims.
You are required to resume your regular payment(s) the following month on the loan due date.
There will be a $25 processing fee/per loan and is required before a Skip-A-Pay Request will be honored.
How to Skip A Pay
All Skip-A-Pay applications are subject to approval.