Skip-A-Pay: Give Your Wallet A Break

Need a little extra breathing room? Skip an eligible loan payment right from the Volt Mobile App.

Life happens. Maybe you’re planning a vacation, covering an unexpected expense, preparing for the holidays, or simply need a little more flexibility this month. Whatever the reason, Volt Credit Union’s Skip-A-Pay program gives qualified members the option to skip an eligible loan payment when they need it most.

Best of all, you can now submit your request directly through the Volt Mobile App, no paperwork, phone calls, or branch visit required.

Because sometimes a little flexibility can make a big difference.

How Skip-A-Pay Works

When you use Skip-A-Pay, we’ll move your eligible loan payment to the end of your loan term. You’ll skip one scheduled payment and resume your regular payment schedule the following month.

This gives you extra room in your monthly budget while keeping your loan on track.

Please note that interest will continue to accrue during the skipped payment period, which means the total cost of your loan will increase.

How to Skip a Loan Payment in the Volt Mobile App

Skipping an eligible loan payment is quick and easy.

Log in to the Volt Mobile App.
Tap the menu (☰) in the upper-left corner and select Skip-A-Pay.
Choose the eligible loan you’d like to skip.
Select the account you’d like to use to pay the $25 processing fee.
Review your request and tap Submit.

That’s it! Your Skip-A-Pay request has been submitted for processing.

Please Note: Your request must be submitted at least 10 days before your loan payment due date for the month you’d like to skip.

Who Is Eligible?

Skip-A-Pay is available to qualified borrowers whose loans meet the program requirements.

To be eligible:

Your loan must have been open for at least six months.
Your loan must be in good standing.
Current or previous delinquencies may affect eligibility.
You may skip one payment per eligible loan every 12 months.
Loans that have already used Skip-A-Pay within the previous 12 months are not eligible.

Which Loans Are Eligible?

Many consumer loans qualify for Skip-A-Pay.

Eligible loans may include:

Auto Loans
Motorcycle Loans
Boat & RV Loans
Personal Loans
Other qualifying consumer loans

Not Eligible:

If your loan has weekly or bi-weekly payments, you may be able to skip multiple payments within one month based on your payment schedule.

Before You Skip

A few important things to know before submitting your request:

A $25 processing fee applies per loan skipped.
Interest continues to accrue during the skipped payment period.
Skipped payments are not covered by GAP and may reduce GAP protection.
If you make loan payments through payroll deduction or direct deposit, those funds will still be deposited into your account instead of automatically being applied to your loan payment.
Requests must be submitted at least 10 days before your payment due date.

Don’t Have the Mobile App?

You can still request a Skip-A-Pay by requesting our Skip-A-Pay Request Form and returning it to Volt Credit Union.

Mail

Volt Credit Union
PO Box 1217
Springfield, MO 65801

Visit a Branch

2624 W. Republic Rd., Springfield, MO
2440 N. Kansas Expressway, Springfield, MO

Questions? We’re Here to Help.

Not sure if your loan qualifies? Have questions about Skip-A-Pay?

Our team is happy to help you review your options and find the solution that works best for you.

Ready to Skip?

Need a little extra flexibility this month?

Powering Your Potential.