Skip A Pay Finex’s Skip A Pay program is a simple and inexpensive way to take a month off from your regular installment loan payment. Skip A Pay is available to members who have established a minimum of a six-month payment history and are not past due on any loan and are not currently negative on any share with Finex Credit Union. Interest will continue to accumulate on your loan during the month you skip your payment and your loan maturity will be extended when payment is deferred. All terms and conditions remain the same. The process is simple: 1. Complete the form on this page. 2. The form must be received 15 days prior to your next due date, so give yourself plenty of time to send it in. 3. If you usually pay with a coupon, put your next month’s coupon in the back of your book and use it for your final payment. If you pay by automatic deduction from your deposit account, we will make sure your regularly scheduled payment does not come out the month of your extension. By participating in this program, you can skip a payment on your loan for a low processing fee of just $25 per loan ($15 for Premier members). And if you have more than one loan, you can skip the payment for each. We’ll even deduct the processing fee from your Checking Account, so you don’t have to send us any money. This is our way of saying thank you for your business. If you have any questions, please contact us at help@finexcu.org. Members in good standing with Finex can skip one payment every six months, per loan with just 15 days notice prior to loan payment due. Members must be in good standing for six months prior to applying and can skip most Finex Loans including: Vehicle, personal and fixed rate home equity loans. HELOC’s and unsecured lines of credit loans are ineligible for skip a pay. Interest will continue to accumulate on your loan during the month you skip your payment and your loan maturity will be extended when payment is deferred. All terms and conditions remain the same. FEDERALLY INSURED BY NCUA Skip A Pay Request Which loans are you request a Skip A Pay for* Auto Loan Personal Loan Home Equity Loan Account Number How many loans would you like to apply Skip A Pay to First Name* Last Name* Email* Phone number* By checking this box, I/we understand that there will be no change in finance charge calculations, that interest will continue to calculate, and that my loan may be extended in term due to this change. I/we also understand that there is a $15 fee for Relationship Account Members and a $25 fee for General Members associated with this option. This fee will be collected from my share/savings account and not added onto my loan. Acknowledgement for Skipping a Payment* About Finex Accounts Loans Services Rates Contact Us Locations & Hours News Home © 2015 Finex All Rights Reserved. Privacy Policy | Disclosures