Skip nav to main content.

Skip-a-Pay

Take a break from your loan payments today.

Skip-a-Pay

Take a break from your loan payment!

Apply Online

A $30 application fee will be applied for each approved payment skip processed by a member service representative or a $20 application fee will be applied for each approved payment skip submitted through online banking. Funds will be withdrawn from your Astera Credit Union account at the time of approval. Skipping a payment extends the term of your loan and interest will continue to accrue. Mortgage, home equity, and business loans are not eligible. A separate Skip-a-Pay Application must be submitted for each loan on which you would like to skip a payment. Payments generated by you via bill payment service, ACH initiated at another institution, or similar will be your responsibility to stop during the Skip-a-Pay month. Payments made by direct deposit or payroll deduction will be transferred into your share savings account. Credit insurance products (Credit Life, Disability and GAP) may be affected by Skip-a-Payment. That is, you may have a balance remaining which will not be covered by insurance (should you have a claim) as a result of skipped payments. Updated 8/14/18.