Flexible Options to Support You
Life can be unpredictable, and sometimes you need extra flexibility to manage your finances. Our Skip-A-Payment and Skip-A-Payroll programs offer a simple way to pause loan payments, providing relief for unexpected expenses or giving you some extra breathing room in your budget. Ideal for members who may need short-term financial assistance, these programs help keep your loan on track while allowing you to focus on other priorities.
Who Can Benefit?
These options are perfect for members facing unexpected costs, seasonal expenses, or other temporary budget constraints. With Skip-A-Payment, you can defer a scheduled payment while maintaining your loan’s good standing, and with Skip-A-Payroll, you can pause direct deposit deductions to a loan, making it easy to manage your cash flow.
Skip-a-Payment
Eligibility: Available for loans in good standing with at least 12 consecutive months of timely payments.
Frequency: Allowed once in a 12-month rolling period.
Next Due Date: Loan must have a next due date within the next 30 days.
Fee: $25 per skip per loan.
Submission: Each loan requires a separate form, and requests must be submitted at least 5 business days before the due date.
For members with longer-term financial needs, please contact us at memberassist@wsscfcu.org to discuss additional support options.
Skip-a-Payroll
Service: Temporarily suspend payroll or direct deposit deductions to a loan.
Eligibility: Loan must have a next due date greater than 30 days in the future.
Fee: No fee for this service.
Submission: Requests should be sent to memberassist@wsscfcu.org.
