Need Some Extra Cash?

Do you currently have a loan with us?

Wouldn't it be nice to skip your loan payment to help out with your cash flow?

You might be interested in our Skip-a-Payment promotion. If you are up to date on your MidWest America personal or vehicle loan, you may elect to skip your loan payment. Mortgages, leases, and credit cards are excluded. There is a $35 administration fee to handle this transaction and you can only skip one month’s payment at a time per loan.

However, if you have more than one loan, and are current on them, you may skip a payment on each loan. You may skip up to 2 payments per loan in a 12 month period. Skip-a-Payment is not available on your first loan payment and coupons cannot be used in consecutive months.

Print off the Skip-a-Payment form and stop in your nearest branch to get signed up. Or call 800-348-4738 to request a Skip-a-Payment form be mailed to you to return to any branch.

Skip a Payment

Please note: This special program is not available for 1st or 2nd mortgage payments, home equity payments, Visa or lease payments. Likewise, it is NOT available for commercial, Flatiron and/or Capital Lending programs. Your loan must be current. By signing up for this promotion, you authorize MidWest America Federal Credit Union to extend your final loan payment by one month.There is a $35 processing fee per loan which will be automatically added to your loan. Interest will continue to accumulate on your loan during the month you skip your payment. Payments made through Payroll Deduction or Direct Deposit will be deposited into your regular savings account for the month you are skipping your payment. Other restrictions may apply.