Skip A Payment
Most Altura Credit Union loans also come with the Skip-a-Pay option. So long as your loan account remains in good standing, you have the option of skipping a payment for a small fee.
This option is a perfect opportunity to get a little extra cash for whatever you need one month.
Skip-a-Pay is available on these loans:
- Auto Loans
- RV Loans
- Big Toy Loans
- Signature Loans
It is not available for Home Equity and Mortgage loans.
You can skip one payment per loan per year. You must request to skip a payment at least one day in advance of your next payment. Loan needs to have at least a six-month payment history.
Credit Card Automatic Skip
All Altura credit cards come with an automatic skip in January, August and September. During these months you can choose to pay your minimum payment due, or you can opt to skip it.
To skip a payment, call Member Service at 1-888-883-7228 or visit your local Altura branch.
Skip-a-Pay is available only once per loan per year. Loan needs to have at least a six-month payment history. A payment skip cannot happen more than once in a twelve month period. There is a fee to skip a payment on a loan. Fee is not applied to the balance of the loan. Credit card skips are automatic and optional and do not have a fee. Interest accrues on outstanding balances. See the Schedule of Fees for details.