Take a break from your bills
If you’re between paychecks or simply want some extra cash in your pocket now, Skip-a-Pay is the fast and easy way to stretch your budget.
Take a break from your bills
If you’re between paychecks or simply want some extra cash in your pocket now, Skip-a-Pay is the fast and easy way to stretch your budget.
Apply now
*By filling out this form and clicking the submit button, you agree to be contacted by Vibrant Credit Union via
phone, email, and/or text message for this product or service. A Vibrant employee may follow up with additional questions. All Skip-a-Pay requests are subject to Vibrant Credit Union approval. Non-real estate closed-end consumer loans only. Email documents will arrive from DocuSign and may arrive to your Junk/Spam folder. Processing time may take 1–2 business days. This payment skip will extend the final maturity date of your loan by one (1) month. Interest will continue to accrue on the unpaid balance. All principal, interest and fees will be due at the maturity of your loan. By participating in Vibrant Credit Union’s Skip-a-Pay program, you request that Vibrant defer your loan payment(s) as indicated. You agree and understand that: 1) finance charges will continue to accrue at the rate of your original loan agreement; 2) deferring your payments will extend the term(s) of your loan(s); 3) you will be required to resume your monthly payments the following month; 4) loan must be current. The processing fee per loan is $100 for loan payments up to $200 and $180 for loan payments over $200. The processing fee will be added to the loan. Each non-real estate loan is allowed a maximum of two (2) skipped payments per 12-month period and are limited to six (6) total for the life of the loan. There must be one full payment made between skips. Loan Program loans are eligible for one (1) skip per 12-month period, after at least one initial payment on the loan has been made and are limited to three (3) for the life of the loan. It is the member's responsibility to make adjustments to their automatic payment(s). This policy is subject to change without notice. If your loan includes GAP coverage, this payment and any fees associated with it may not be covered in the event of a total loss.
When you Skip-a-Pay, you pay absolutely nothing now:
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Your skipped payment is added to the end of your current term
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Processing fees are based on the amount of the skipped payment and will not be due until the end of your loan term*
How it works
To apply, all you need is your account number and current balance:
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Check your inbox for confirmation and a form from DocuSign to agree to the Skip-A-Payment terms
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If you use autopay, make sure to adjust any scheduled payments
What to expect
Anyone with a Vibrant auto, personal, or Loan Program (equipment) loan can apply if:
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Your balance is current
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Auto and personal loans: It’s been more than one payment cycle since you last used Skip-a-Pay and you've skipped fewer than 6 payments total
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Loan Program Consumer (equipment loans): You've made at least 1 loan payment and you've skipped fewer than 3 payments total