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Get the free Skip-a-payment Request Form

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Request to skip loan payments with MCLCU for better cash flow. Skip up to 2 payments on eligible loans with a $50 fee per loan.
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How to fill out skip-a-payment request form

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How to fill out skip-a-payment request form

01
Obtain the skip-a-payment request form from your lender's website or customer service.
02
Fill out your personal information, including name, address, account number, and contact details.
03
Indicate the loan type and the specific month for which you are requesting to skip the payment.
04
Review the terms and conditions associated with skipping a payment, including any fees or interest implications.
05
Sign and date the form to acknowledge your understanding and agreement.
06
Submit the completed form through the preferred method indicated by your lender (email, mail, or online upload).

Who needs skip-a-payment request form?

01
Borrowers experiencing temporary financial hardship who are unable to make their scheduled payments on loans.
02
Individuals looking to manage cash flow better by temporarily postponing a payment.
03
Customers of banks, credit unions, or other financial institutions that offer skip-a-payment options.
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A skip-a-payment request form is a document submitted to a lender or financial institution requesting permission to postpone a scheduled loan or credit payment for a specific period.
Borrowers who wish to temporarily defer a payment on their loan or credit account must file a skip-a-payment request form.
To fill out a skip-a-payment request form, provide your account details, specify the payment you wish to skip, state the reason for the request, and sign the form.
The purpose of the skip-a-payment request form is to formally ask for a deferment of a specific payment due to financial hardship or other valid reasons.
The information required typically includes personal information, account number, payment date to be skipped, reason for the request, and borrower’s signature.
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