SKIP A PAYMENT REQUEST
Skip your payment when you need it. You can skip your payment 2 times a year per loan.
A Skip-Pay fee of $30 per loan skipped will be charged. Please see conditions below. Please direct any questions to loans@ibewuwfcu.com.
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VISA credit card, HELOC, 1st Mortgage, workout loans and loans with forced placed insurance are not eligible for this program.
Skip A Pay cannot be used to make the first payment on a loan. Loans with GAP insurance coverage may not qualify.
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Please select the account you would like the $30.00 processing fee to be withdrawn:
Checking
Savings
Vacation
Invest
By submitting the Skip-a-Payment request, you authorize IBEW & UW FCU to advance your loan due date by one month and understand that this will extend the maturity date of your loan. A $30 processing fee for each loan you choose to skip, will be deducted from your selected account. Interest will continue to accrue on the unpaid balance during the month you skip your payment, and when payments resume the following month, the unpaid interest will be collected first. Members must be in good standing and all loans current to participate. IBEW & UW FCU reserves the right to refuse any Skip-a-Payment request. Payments made through payroll deduction, ACH or direct deposit will be transferred to your primary savings account during the SKIP MONTH you selected above and will be subsequently available for withdrawal. Please direct any questions to loans@ibewuwfcu.com.
For Office Use Only:
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Thank you for submitting this form.
We will process your request within 2 business days.
IBEW & United Workers FCU
service@ibewuwfcu.com
503-253-8193