Beginning May 1, 2026
Take a break from your loan payment.
Would skipping a loan payment make managing your expenses a little bit easier? That’s why we offer our Skip-a-Pay program. Skip a loan payment* for only $35. Skip your payment up to two times per calendar year.
Request a Skip-A-Pay
Once this program is live, download the Skip-A-Pay form and mail or bring to your nearest LLCU branch.
How it works
If you choose to skip a loan payment, your current due date will be advanced one month forward. Interest will continue to accrue on your loan during the skipped payment period and your loan maturity date will be advanced one month forward. All terms and conditions will remain the same and you'll resume your next regular payment. It’s that easy!
*This special offer is not available on home equity & mortgage loans, one pay notes, loans opened within the last ninety (90) days, loan specials, loans with force-placed Collateral Protection Insurance (CPI) within the last 12 months, or Visa accounts. Other restrictions may apply and deferral subject to Credit Union approval. If your loan payment is normally paid automatically by net check, direct deposit, payroll deduction or through savings transfers, and you accept this deferral of your loan payment, the amount of the payment will remain or be deposited in your savings or checking account. If your payment for the selected month has already been applied to the loan, the skip-a-pay will be applied to the following month's payment. Payments already applied to the loan cannot be reversed. Please note that if you decide to defer your loan payment, the life of the loan will be extended by one month. Interest will continue to accrue, and Payment Protection premiums will continue to be charged, during the month of the deferred payment. Members who have already had two Skip-a-Payments on any one loan during a calendar year are not eligible for this offer. A maximum of 6 Skip-a-Payments allowed over the life of any one loan. There must be one month between Skip-a-Payments. A loan is considered in good standing if it is currently less than 21 days delinquent and has not been more than 30-days delinquent in the last 12 months. In addition to the previously listed qualifications, for any vehicle loan, Land of Lincoln CU must have possession of the title for any vehicle pledged as collateral, with LLCU listed as lienholder, to qualify for any skip of a payment.