Skip A Payment

Save extra Holiday cash and skip up to two consumer loan payments with Central Willamette’s Skip-A-Pay option.

At Central Willamette we understand that it may be convenient to skip a payment on your loan(s) from time to time. We are pleased to be able to offer a skip payment program that allows you to do just that. To apply for a skip payment, simply complete the skip payment form and either mail it to us or drop it off at one of our branch locations. The form must be completed, signed by all borrowers/signers and returned to Central Willamette 5 days prior to the due date for your skip payment request to be considered. You will be charged a skip payment fee for each loan. This offer is not available on Payday, Real Estate, Personal Line of Credit, Home Equity Line of Credit, and Business Loan payments. Loans must be current and have no delinquent history in the last 12 months. Interest will continue to accrue on your loan(s) when you skip a payment. Maximum skip payments allowed are 2 within 365 days.

This offer is valid on Central Willamette consumer loans only. A Skip Payment Form must be completed, signed by all parties and returned to the Credit Union 5 days prior to the payment due date for your request to be considered. You will be charged a $30 Skip Payment Fee for each approved loan. If you have a co-signer(s) on your loan, your co-signer(s) must sign the form. This offer is not available on Real Estate, Payday, Business Loans, Personal Lines of Credit or Home Equity Lines of Credit. Loans must be current and have no delinquent history in the last twelve (12) months. Skipping a loan payment will result in an extension of the original term and the interest will continue to accrue at the rate disclosed in your original agreement. By skipping a payment the benefit from disability, life, and/or GAP insurance may be reduced by the amount of the payment skipped. Maximum skip payments allowed are 2 within 365 days and cannot be two months consecutively.