Take a summer break from your loan payment!

Summer has a way of filling up fast. Extra expenses, more plans, and everything in between. If your budget could use some flexibility, Skip A Pay makes it simple to pause your next eligible loan payment.

It is fast to request, easy to complete, and designed to meet you where you are right now. Because sometimes the best plan is knowing when to pause.

Quick details

• Skip your next month’s payment
• $39 fee per loan*
• Available on eligible auto and personal loans
• You can request for more than one loan
• Enrollment period: June 1 through July 31, 2026
  

You’re likely eligible if:

• Your loan is in good standing
• Your loan is at least 6 months old

Not eligible:

• Mortgages
• Home equity loans or lines of credit
• Credit cards or lines of credit
• Indirect loans

Request your skip in minutes

Mobile App:

1. Log into your app ( Android/ Apple)
2. Tap More, then Tools
3. Select Secure Forms
4. Choose Skip A Pay Request Form
5. Complete and submit

Desktop:

1. Log into digital banking
2. Select Tools
3. Click Secure Forms
4. Choose Skip A Pay Request Form
5. Complete and submit

^{*Skip-A-Pay will not be activated without a $39 participation fee (per loan); please be sure that the funds are available in your account. A charge may be assessed if the account falls below the required minimum balance. You understand that the participation fee is an extra charge for skipping your payment and will not reduce your loan balance.} 

^{Important note: All accounts and loans must be in good standing. Loans that are past due and/or being repaid through a debt management program are not eligible.  Mortgages, Home Equity, Quick Cash Line of Credit, Access Line of Credit, Visa Credit Card and Indirect loans (ID) are not eligible. You may not skip the first payment of a new loan. Loan must be opened for at least 6 months to be eligible. Loans that have been modified or are being repaid through special payment arrangements may not be eligible based on internal qualifications. Finance charges will continue to accrue, which may affect the final payment date and the amount of your last payment. All other terms and conditions of your loan will remain the same. I understand that if my loan has GAP coverage or Payment Advantage coverage, skipping payments may reduce the GAP payout at total loss, and the total benefit from Payment Advantage may be reduced. Contact Alero Financial for complete details.}