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Skip-A-Pay

Skip a loan payment with Skip-A-Pay!

Is your wallet feeling the strain of all your monthly payments? Let Cornerstone help! Take advantage of Skip-A-Pay* this month to help lighten your load and free up more money.

For a small fee you can skip up to two (2) payments per rolling 12 months for each eligible loan. You can skip a payment in branch or by calling (800) 777-6728.

Fees to process your skipped payment vary based on the payment amount being skipped. Skip-A-Pay fees are outlined below:

  • $50.00 or Less - $15 fee
  • $50.01-$199.99 - $25 fee
  • $200 or more - $40 fee

The charge will be automatically withdrawn from your designated account once the Skip-A-Pay is deemed eligible.

This member benefit is available at the discretion of the credit union based on account and member good standing. Other qualifications and restrictions apply. Please see terms and conditions below.

Loans are eligible for Skip-A-Pay after three (3) months of payment history. No more than two (2) Skip-A-Pays allowed per calendar year, per loan and must be at least (3) three months apart. Loan(s) must be current and all CCF accounts in good standing to apply for Skip-A-Pay.

Home equity loans, lines of credit, collection loans, and credit cards are not eligible to be skipped. Finance charges will continue to accrue at the rate provided in my original loan agreement. This payment deferral will extend the term of my loan(s) by one month, and may result in higher finance charges than originally disclosed.

If the requested Skip-A-Pay has an automatic transfer or EFT/ACH from another financial institution (not CCF), you must contact the financial institution to cancel the month’s payment. If you previously elected credit life and/or disability insurance, the insurance coverage will not be extended beyond the original maturity date. All deferrals are subject to CCF final eligibility. Additional restrictions may apply.