Skip to content

Take a Break from your Payment

Would skipping a loan payment make managing your monthly budget just a little bit easier? Maybe free up some cash for a much needed vacation? For many, even an extra couple hundred dollars it exactly what they need. That’s why nw+ offers our Skip-A-Pay program.

How it works

If you choose to skip a payment on your qualified loan, your current due date will be advanced one month forward, just as if you had paid your monthly payment. Interest will continue to accrue on your loan during the skipped payment period and your loan maturity date will extend an additional month to account for the skipped payment month. All terms and conditions will remain the same and you'll resume your next regular payment on its regularly scheduled date!


  • You must be in good standing (not delinquent or have a negative balance) on any accounts, including those you may be a co-signer on. Any currently delinquent loan or a loan which has been previously delinquent may be ineligible.
  • The loan must be current or in a grace period. This includes any you may be a co-signer on.
  • You must have completed six (6) payments on the loan prior to the skipped payment.
  • Loan balance must be greater than $500
  • Loan has not been skipped more than 7 times during life of loan
  • Loan has not yet been skipped this calendar year
  • Other restrictions may apply

Qualified Loan Skip-A-Pay Loan Types

  • New or used auto loans
  • Motorcycle/ATV/personal watercraft loans
  • Recreational Vehicles
  • Signature loans

The following nw+|cu loan types are not eligible for the Skip-A-Pay program: lines of credit, Visa credit cards, OD repayments loans, Home Improvement loans and real estate loans.

Is there a Fee?

Once approved and processed, a $40 processing fee will be deducted from your primary nw+|cu savings account. It is up to you to ensure the fee is available at the time of processing or the Skip-A-Pay will be rejected and it will be up to you to contact the CU for any follow up.

How will I know my application has been approved?

You'll receive confirmation via email, which will include your next payment due date. We also recommend that you check your loan account online or via your monthly statement to ensure your new Skip-A-Pay due date is correct.

Important notes

  • If your loan payment is set up via transfer within your NW Plus Online Banking or by you from another financial institution (ex: re-occurring bill pay), it is your responsibility to pause or reschedule payments. We are unable to reverse any payment you have set up that was not stopped for the chosen month. If you're unsure of how your payment is set up, contact us at: 425.297.1000.
  • If your loan payment is made via Direct Deposit or Payroll Deduction, the payment will be credited to your savings account as it is received.
  • Each member is allowed to skip a monthly payment one time per year per eligible loan; maximum 7 times during the life of a loan.
  • Please allow a minimum of one week for us to process your request.
  • If you have GAP on your loan, participating in Skip-A-Pay could have an adverse effect on your benefits if a claim is filed.

Submit your request

Submit your request at least one week before your payment is due. You may drop your Skip-A-Pay form off at any of our six branch locations, mail your requests to:

NW Plus Credit Union

Attn: Skip Pay Dept

2821 Hewitt Ave

Everett, WA 98201

Or email Here

Skip a Payment Request

Ready to take control?

Become a member

Get More