Skip-A-Pay Program

Our Skip-A-Pay program gives you the freedom to focus on what’s most important to you—whether it’s tackling unexpected expenses, planning a special outing, or just creating a little breathing room in your budget.

Why Choose Skip-A-Pay?
More Financial Freedom: Redirect your loan payment to cover the things that matter most.
Less Stress: Lighten your financial load when you need it most.

Eligibility Requirements:
Ready to skip a payment? Here’s what you need to qualify:
✔️ Loan Age: Your loan must be at least six (6) months old.
✔️ Current Status: Loans must be current within 10 days of the due date.
✔️ Co-Signer Consent: All co-signers must agree to the Skip-A-Pay request.
Exclusions: Quick Cash loans, Mortgages, HELOCs, Personal Lines of Credit, and Credit Cards are not eligible.

Details:
Frequency - Skip up to two payments per calendar year!
Spacing - Make at least one payment between skips.
Loan Term - Skipping a payment extends your loan term slightly.
Interest Accrual - Finance charges continue to accrue during the skipped period.

How to Skip Your Payment:

1️⃣ Log In: Access your account through online banking.
2️⃣ Select Your Loan: Click on the “Skip A Pay” option.
3️⃣ Pay the Fee: It’s just $40.00 - you choose the account you wish to pay from.
4️⃣ Agree to Terms: Review and accept the terms and conditions.
5️⃣ Relax: Enjoy the extra flexibility and peace of mind!

Ready to Apply? Let’s Make It Happen!
📞 Contact Us: Call (909) 882-2911 for assistance.
🌐 Online: Log in to your account and get started today!

Terms and Conditions:

By participating in Thinkwise Credit Union's Skip-A-Pay program, you request that Thinkwise Credit Union defer your loan payment(s) as indicated. You agree and understand that: 1) Loans must have originated six (6) months prior to be eligible; 2) All co-borrowers/co-signers of the loan agree to the Skip-A-Pay program; 3) If we are unable to stop your ACH payment in time, your skipped payment may be delayed until the next scheduled payment; 4) FINANCE CHARGES will continue to accrue at the rate provided in your original loan agreement, during and after this time; 5) Deferring your payment will result in your having to pay higher total FINANCE CHARGES than if you made your payment as originally scheduled; 6) The payment deferral will extend the terms of your loan(s)** and you will have to make extra payment(s) after your loan(s) would otherwise be paid off; 7) You will be required to resume your payments the following month; 8) You are allowed two Skip-A-Pays per calendar year. Must have at least one payment in between requests. The maximum number of Skip-A-Pays that a loan may receive are two Skip-A-Pays for each term year, for a maximum of 16 skips. (For example: a one year loan term would be allowed two Skip-A-Pays, a three year term allowed six Skip-A-Pays etc.) 9) Skip-A-Pay will be allowed for eligible loans that are current within a ten (10) day period and will be advanced one month. 10) Skip-A-Pay is not available on the following loans: Quick Cash, First Mortgages, Home Equity Lines of Credit, Personal Lines of Credit, or Credit Card Payments. 11) On this Skip-A-Pay application form, we have included the following statement: "The undersigned borrower and co-borrower/co-signer (if applicable) hereby makes application to extend the original repayment terms of the loan(s) referenced here by one month. This extension in no way otherwise alters the original terms and conditions of the loan contract as previously disclosed to the borrower(s). Interest will continue to accrue on the unpaid balance of the loan at the agreed rate."