Our Skip-a-Pay Program has changed!
We now offer it year-round!
We understand that having a little extra cash when you need it most can make a big difference. That’s why we’ve extended our Skip-a-Pay Program throughout the year. If you have loans in good standing with us, you could qualify to skip up to 2 loan payments per calendar year. Plus, 30% of your application fee goes to the Out of the Garden Project!
Do I qualify?
- Must have had the loan for 6 months with 6 monthly consecutive payments
- Loan must be current
- All accounts must be in good standing with the Credit Union*
- Must complete a Skip-a-Pay Application at least 10 business days before the due date you wish to skip
- Must satisfy $30 Skip-a-Pay Application fee**
- Must have no deferrals on the loan within the last 90 days (2 payments between skips)
Please note that your application approval or denial is based on the criteria listed above. Please ensure you meet all qualifications before applying. Fee is non-refundable.
For payments you generate (for example, payments you set up with a bill payment service, payments initiated at another financial institution, etc.) you are responsible for stopping the payment for the month you enact Skip-a-Pay. Any automatic transfers generated by Acclaim FCU will be deposited to your Acclaim FCU Savings Account for the Skip-A-Pay month
*All Acclaim FCU loans must have been kept current for the past 6 months, with no collection action pending. Your deposit accounts must not be overdrawn.
**A $30 application fee will be applied for each Skip-a-Pay request and will be taken from the account you indicate on your form, regardless if the application is approved or denied. The funds must be available at the time you turn in your application. Be sure to include a check or Money Order if you do not have the available funds in your account. A 30% donation of collected fees will be donated annually to a Credit Union-selected charity. Charity is subject to change. Our current charity is Out of the Garden Project.
Is my loan eligible?
- Auto loan
- Motorcycle loan
- Boat loan
- Personal loan
- RV & ATV loan
- Vacation or Christmas loan
- Debit consolidation loan
- Share-Secure loan (no single payment loans)
Loans not eligible
- Home Equity Lines of Credit
- Mastercard Credit Cards
- Overdraft Lines of Credit
- Any loan secured by Real Estate
Here's how to apply
Download, print, sign and return to:
Mail to: PO Box 29527, Greensboro, NC 27429
Apply electronically through Docusign:
Select “Single Borrower Docusign” if you are the only borrower on the loan or “Joint Borrower Docusign” if credit was obtained jointly. Enter you name(s) and email(s) and you will be sent a direct link to complete the form.