Emergency Hardship Skip a Pay
If you are experiencing financial hardship directly or indirectly related to Coronavirus (COVID-19), ECU Credit Union is here to ensure we all get through this together.
We have designed Emergency Relief Skip-A-Pay program, where you may skip one (1) month with processing fees waived.
The deferred payment and the accrued interest will be made up at the end of the loan. Please note, if you have automatic payments coming from another financial, they will still be pulled and put into your savings account rather than applied to your loan for the month you selected to defer. GAP coverage may be affected, if applicable.
Use the COVID-19 Emergency Relief Skip-A-Pay link below to complete the secure DocuSign request form.
We have designed Emergency Relief Skip-A-Pay program, where you may skip one (1) month with processing fees waived.
- Existing loans (prior to March 1, 2020) must have had a minimum of one (1) payment made to be eligible
- New loans and first mortgages do NOT qualify
The deferred payment and the accrued interest will be made up at the end of the loan. Please note, if you have automatic payments coming from another financial, they will still be pulled and put into your savings account rather than applied to your loan for the month you selected to defer. GAP coverage may be affected, if applicable.
Use the COVID-19 Emergency Relief Skip-A-Pay link below to complete the secure DocuSign request form.
NOTE: By completing and submitting the secure DocuSign form, you are agreeing to one month emergency relief skip-a-payment. Our normal skip-a-payment processing fee of $35 per skipped loan is waived during the COVID-19 safe at home , which is subject to change at any time. Regular interest will continue to accrue on your loan and GAP coverage may be affected. ECU Credit Union reserves the right to deny any skip-a-payment request.
