Any secured consumer loan from Interra, an auto or boat loan for example, is eligible. However real estate and home equity loans, single payment note loans, lines of credit and credit cards are not eligible.
No, the $25 must be collected at the time you apply to Skip-a-Payment.
You must apply at least 10 days before the payment you want to skip is due.
Though you can skip two months per rolling 12-month period, you cannot skip two consecutive months.
For more information read the Skip-a-Payment program terms and conditions.
You must have had the loan open and not had a late payment (longer than 30 days late) for at least 6 months before it becomes eligible for the Skip-a-Payment program.
Automatic payment is a great way to pay! However, with Skip-a-Payment, it’s important to make preparations if you have automatic payment set up:
Yes, interest will continue to accrue regardless of the skipped payment. Terms & Conditions