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Skip Town with Skip-a-Pay

Summer is the perfect time to unwind, get outside and treat yourself to some fun.

With Skip-A-Pay from Coosa Valley Credit Union, you can let go of payment worries and soak up all the season has to offer.

Skipping your upcoming loan payment(s) will allow you to use your extra cash to tackle a home project, take a road trip with the family or for anything else you wish. The choice is yours!

Skip-A-Pay Criteria:

  • Loan(s) must have been made at least six months prior to skipped month.
  • Loan(s) must be current with no late payments within the last 12 months.
  • A fee of 15% of the payment amount applies.
  • Real estate loans, lines of credit, credit cards and business loans are not eligible.

It's easy to Skip-A-Pay - just visit your nearest branch!


By participating in Coosa Valley Credit Union's Skip-A-Pay program, you request that Coosa Valley Credit Union defer your loan payment(s) as indicated. You agree and understand that:

  • Loan(s) must have originated at least six months prior month skipped to be eligible.
  • Loan(s) must be current with no late payments within the last 12 months.
  • Finance charges will continue to accrue at the rate of your original loan agreement.
  • Deferring your payment will extend the term(s) of your loan(s) AND increase the finance charge.
  • You will be required to resume your monthly payments the following month.
  • If you elected GAP and/or Extended Warranty coverage, the coverage will not be extended beyond the original maturity date.
  • All signers/co-signers of the loan(s) must agree to the terms of the Skip-A-Pay program and sign the request form.
  • If you make your Coosa Valley Credit Union loan payment automatically from another financial institution, it is your responsibility to cancel/postpone your payments.

All Skip-A-Pay requests are subject to Coosa Valley Credit Union approval. Requests to skip a payment must be received at least five days prior to payment due date. Each loan may be extended one time per calendar year in addition to the extension for this program. There must be six months between each skipped payment. The processing fee is 15% of the payment amount per loan (payable by cash, check or withdrawal from account). Excludes Real Estate Loans, Lines of Credit, Credit Cards and Business Loans.