Register for Skip-A-Payment - Illinois

* Indicates Required

Yes! I want to Skip-A-Payment on my loan:

Member Number *

Loan Type/Loan Number *

Member Number

Loan Type/Loan Number

Member Number

Loan Type/Loan Number

Installment Loan Number

I would like to skip my... *

Payment Method *

Please automatically deduct $50 per loan skipped from my Illiana checking account. Please automatically deduct $50 per loan skipped from my Illiana savings account. My $50 check payment per loan skipped is in the mail. (Request will not be processed until payment is received.)

Name *

Phone *

Email *

Account/Member Number *

Terms Agreement

By typing my name and clicking this button, I agree to the terms set forth in the Skip-A-Payment agreement. *

Electronic Signature Agreement

I agree to use an electronic signature on this electronic document. (Read More) *

Name (Signature) *

Approval & Eligibility: After 6 regular monthly payments you may apply. All Skip-a-payment requests are subject to approval. Member accounts must be in good standing to qualify.
Interest & Term Extension: Interest will continue to accrue during the month skipped. Your term will be extended by one month.
Fees: A fee of $50.00 for EACH payment skipped is due and payable upon approval.
Impact on Coverage: I am aware that by skipping payment(s) the benefit for disability, life, and/or GAP insurance may be reduced.
Timing: Requests must be submitted at least 72 hours prior to your automatic payment. For members on payroll deduction, the payment will still come out of payroll but will stay in share accounts and not be transferred to the loan for that month.

*Restrictions

Consecutive monthly payments cannot be skipped. Not applicable to real estate-secured loans, business loans, credit cards, or lines of credit.
The number of skips per calendar year is limited to 2.

Skip-a-Payment