Terms & Conditions

Skip-A-Pay

*A $20 Convenience Fee will be deducted from the member’s account once the Skip a Pay is approved.

Loans must be current at the time the Skip a Pay form
is received or the request will not be processed.

Home Equity, Home Equity Lines of Credit, Student Loans, Real Estate, and Visa Credit Cards are not eligible for the Skip a Pay Promotion. By Submitting the Skip a Pay request, you understand that this option extends the current balance of your loan(s) requested by the amount of the payment skipped and that interest will accrue on the balance of the loan. You also understand that if your loan is covered by a Guaranteed Asset Protection (GAP) policy that skipping more than two (2) payments over the term of the loan may result in a deficiency balance. Certain restrictions may apply. By submitting a Skip a Pay request through Online Banking, you are requesting Credit Union of Georgia to advance the due date on your loan equal to one months payment on each of the eligible loans you have listed.