Get a Full Month Off from Your Loan

Take a month break from your loan and help a child in need. Use the extra money for whatever you may need, such as holiday shopping, paying down a credit card, family vacation, or anything else you want!  Portion of the fee benefit the Children's Miracle Network.

Clarity Credit Union will withdraw $25.00 from your share account for each loan that you would like to Skip-A-Payment for. All loans at Clarity Credit Union must be current, with no collection action pending. Your account must not be overdrawn, and you must have sufficient funds on deposit to cover the $25.00.

Which loans do not qualify for Skip-A-Payment?

  • Real Estate Secured Loans
  • Home Equity Line of Credit (HELOC)
  • Overdraft Line of Credit
  • One Payment Loans
  • New Loans with less than six (6) monthly payments posted
  • Loans with extensions received within the last four (4) months
  • Accounts not in good standing
  • MasterCard

If you are not sure if your loan qualifies, please call us at 208-467-6583.

Understand that your loan will be extended one month for the payment you skip. A loan payment that is already posted will NOT be reversed. Also understand that the interest will continue to accrue at the contract rate including the month you have chosen to skip and that this payment deferral will result in an extension of the maturity date. The application is due 7 days prior to your payment due date. (one month / one payment only)

Authorization Form

IMPORTANT NOTE:
Automatic Payments will not automatically stop from an account the borrower has at
another financial institution. Automatic Payments that would normally be applied to the loan would be deposited to your share account for the month "Skip-a-Payment is elected.