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Need a vacay from your loan?
Slip away with Skip-A-Pay!
Because we know life happens, many of our loans come with the ability to skip a loan payment built in.
Who can Skip-A-Pay?
- New & Used Auto Loans
- Personal Loans
- Recreational Vehicle Loans,
including Boat, RV, and Powersports
Why Skip-A-Pay?
- You’d like to take a vacation from your loan so you can take a vacation with the family.
- You’d like to cut back on your RV or boat payments during the off season.
- You have an unexpected job gap and need a payment breather to help you get back on your feet.
- You need a payment break to pay for the unexpected, like a big purchase, healthcare, or school.
Skip-a-Pay
How to Skip-A-Pay
It’s super simple to skip a payment or two on your loan.
Download and sign into our digital banking app then select the Skip-A-Pay option.
To Skip-A-Pay by phone, call our Care Center at (877) 937-2328.
Our experience teams members are always ready to help. Visit a branch near you to Skip-A-Pay.
Skip-a-Pay Details
The good stuff
For just a $35 processing fee, you can skip up to two payments per calendar year. You can pay the fee directly or have it debited from your orsa credit union account.
How Skip-A-Pay Works
- Skip a payment for $35 per request.
- Available for New & Used Auto Loans, Personal Loans, and RV/Boat/Powersports Loans.
- Loan must be open for at least 90 days (about 3 months) and must not be more than 29 days delinquent.
- Interest continues to accrue, which increases the total finance charge and final payment amount.
- Skip-A-Pay Agreement
- Skip-A-Pay Program Details
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Looking for a different kind of loan? We offer a wide range of borrowing solutions to fit your needs, including personal loans, home equity lines of credit, and more.
Frequently Asked Questions
Skip-A-Pay FAQ
Every question is a good question! Call our Michigan-based Care Center at (877) 937-2328 for more.
For a $35 processing fee, you may skip up to two payments per year on eligible loans. Interest will still accrue, and your final payment may be higher.
Loans eligible for Skip-A-Pay include New & Used Auto Loans, Signature Loans, and RV/Boat/Powersports Loans. Loans must be open for at least 90 days (about 3 months) and no more than 29 days delinquent.
To ensure your payment is skipped in time, make your request at least five business days before the payment due date.
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