Skip-A-Payment

Skip-A-Pay is Back for the Holidays!

How It Works

• $35 Processing Fee: Per skipped loan, payable by deduction from your Meritus CU savings/checking account or by check.
• Interest Continues: Interest will still accrue during the month you skip.
• Payroll Deduction Payments: If your loan payment is currently made through payroll deduction, the skipped payment amount will be deposited into your Meritus CU Share Savings account.
• Automatic Payments: If your payment is automated through online/mobile banking or ACH from another financial institution, remember to pause it for the month you skip.
• Approval Required: All Skip-A-Pay requests are subject to approval.

For additional details, review the Skip-A-Payment Request Form.

Request to Skip-a-Pay

Simply complete the Skip-A-Payment Request Form and bring it to your nearest branch or mail it to Meritus Credit Union at 515 Guilbeau Road, Lafayette, LA 70506. 

Request to Skip

*All Skip-A-Payment requests are subject to approval. Participants authorize Meritus Credit Union to extend their final loan payment by one month and must resume making regular payments the month following their skipped payment. Interest will continue to accumulate on loans during the month participants skip their payment. Excludes all real estate loans, Momentum loans, lease-like loans and Visa® credit cards. If participant has chosen GAP coverage on their loan and chooses to take advantage of the Skip-a-Payment promotion, coverage may be affected. Only two Skip-a-Payments are allowed per year per loan. All loans and deposit accounts must be current to qualify.