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Skip A Pay

A little extra room when you need it most

Unexpected expenses, seasonal spending, and life's surprises can put pressure on your budget. Skip a qualifying loan payment and give yourself a little extra breathing room.

Skip a Payment program details

Learn how the program works and what to expect before submitting your request.

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Eligible consumer loans

Many Northwoods consumer loans may qualify for the Skip a Payment program.

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Simple application process

Complete a request form and we'll review your eligibility.

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Temporary payment relief

Postpone a qualifying loan payment and free up funds for other priorities.

Why members Skip a Payment:

Holidays & family gatherings

Create extra room in your budget during the holiday season.

Why members Skip a Payment:

Travel & vacations

Put more money toward making memories without disrupting your plans.

Why members Skip a Payment:

Unexpected expenses

Handle vehicle repairs, medical bills, or other surprises with greater flexibility.

Why members Skip a Payment:

Seasonal costs

Manage back-to-school expenses, home projects, or recreational activities.

Local decisions, local service

When questions come up, you're working with a local credit union that understands the needs of Northwoods communities.

Built around members

As a member-owned financial cooperative, we're focused on helping members navigate life's ups and downs.

Financial flexibility

Programs like Skip a Payment are designed to provide temporary relief when unexpected expenses arise.

Frequently asked questions

Find answers to common questions about eligibility, fees, deadlines, and how the Skip-A-Payment program works.

  • Skip-A-Pay may allow eligible borrowers to skip a qualified payment.

  • No. Restrictions and eligibility requirements apply.

  • Submit a request during an approved program period.

  • Fees may apply.

  • Yes, interest will continue to accrue based on your loan agreement.

  • Program limitations may apply

  • Northwoods offers Skip-A-Pay year round.

  • Contact us for eligibility details.

  • Once every rolling 12 months.

Important notes

Northwoods Credit Union is not able to extend this offer to the following types of loans; mortgage, line of credit, workout, holiday, overdraft, wise choice auto financing, loans with late payments in the past six months and/or loans opened within the last 6 months. Only 1 Skip-A-Pay allowed per loan, per rolling 12 months. If refinanced or traded in-SAP may not be used until after 1st payment is made. Other restrictions may apply. Membership eligibility required.

Phone

Call us

Call us at 1-888-458-0975 to speak with an MSR.

Email

Email us

Send us a message at ncu@northwoodscu.org.

NOTE: Email is not a secure method of communication.

Visit us

Find a branch

Stop by our office for an in-person consultation.

Ready to Skip a Payment?

When life gets busy, a little extra room in your budget can make a big difference. See if your loan qualifies and submit your request today.