Skip a Payment on Credit Cards, Auto and Personal Loans

Click to complete a Skip a Payment Form

Visa Credit Cards

For qualifying members, you can skip your payment in January.*

*To qualify members must have a minimum current balance of $500 and less than 100% of credit line utilization, be current and otherwise in good standing. Other qualifications mat apply.  Interest will continue to accrue. If you qualify you will receive a notification on your December statement. 

Auto & Personal Loans

During December 2017 and January 2018, you can choose to skip your auto or personal loan payments**.

Here’s how:

1. Read the eligibility requirements on the Skip a Payment Form to double-check that you qualify***.
2. Complete the Skip a Payment Form
3. Sign the form and email to: LoanServices@lafinancial.org or fax the completed form to: 626 844-8166.
4. We will confirm that we received your form. 

Click to complete a Skip a Payment Form

*To qualify members must have a minimum current balance of $500 and less than 100% of credit line utilization, be current and otherwise in good standing. Other qualifications mat apply.  Interest will continue to accrue. If you qualify you will receive a notification on your December statement. 

**Finance charges will still accrue.

***Eligibility Requirements: All Credit Union accounts must be in good standing (minimum balance requirements met) and no past due payments within the last 12 months. Loan(s) will be ineligible if two payments were skipped or an extension was granted during the preceding 12 month period. Skip payments will not be processed until the $25 fee is transferred. If there is “GAP” coverage on the auto loan, you understand that skipping loan payment(s) does not change the terms and conditions of the original GAP Waiver. GAP does allow two skipped payments per year during the life of the loan and in the event of a claim, any additional payment(s) may be deducted from any payable GAP benefit. Unsecured personal loans are only allowed two skip payments over the life of the loan. For more information on loan servicing contact: 800.894.1200 ext 8263. Request must be received prior to your due date.