Skip A Pay

Feeling a squeeze on your budget? Our Skip-A-Payment may be just what you need.
Members can skip their loan payment up to once per year. 

Skip A Payment Application

Please complete this form and it will be sent to our lending team. We will contact you within 5 business days to let you know when your Skip-A-Payment has been approved. Please continue to make your payments as you normally would until you hear from us.

*Not all applicants will qualify. Interest will continue to accrue during time payment is not made and may add to the length of the loan repayment terms. GAP claims may be affected by skipped payments. See your GAP agreement for more information.

Skip A Pay

  • Please allow at least 10 days before your next pay date.

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.

INFO

Have questions? Contact us today to learn more about our Skip A Pay program or speak to a member of our team.

Support When You Need It Most

It’s more than a skipped payment—it’s support from your local credit union.

Our partner, TruStage, is temporarily unavailable due to a cybersecurity incident, which impacts online debt protection claims. While they work to resolve this, you can find resources and file claims online via TruStage’s temporary FAQ Page and Claims Submission Page. Alternatively, please call our Loan Support team directly at 218-879-4181 Ext. 3310 for immediate assistance with your claim.

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