Skip a Payment

Qualifications:

Interest rate on loan cannot exceed 18%
Loan term cannot exceed 84 months
Loan must be less than 30 days past due
Loan must be open 6 months before eligible for first skip-a-pay
Limit of 4 skip-a-pays over the life of the loan and cannot exceed 2 in 12 months
Cannot have back to back Skip-A-Pays
Qualifying loan types: personal loan, secured loan, secured other loan
Credit Cards, Line of Credits, and Mortgage products do not qualify

Skip a Payment on your NorthPark Loan

This form must be completed for each loan you are requesting a skip payment.

Payment Due Date

I understand my loan payments will resume the month following my skip‐a‐pay and interest will continue to accrue. I understand that skipped payments will cause my loan to extend beyond its expected maturity date. I understand a skip‐a‐pay cannot be used on a Visa or Mortgage product.

Yes

Full Name

Phone

Account Number

Loan Number

I understand that if I have an automatic payment set‐up for my loan it is my responsibility to stop the automatic payment for the month I have chosen to do a skip‐a‐pay and it is my responsibility to restart the automatic payment the month following the payment skipped

Yes

I agree to the $25 skip‐a‐pay processing fee

Yes

Please deduct the $25 from my

Savings Account

Checking Account

If you do not want the skip-a-pay fee taken from your account you will need to print this form and bring/mail it in with your payment.

By checking the box below I agree to amend the terms of my original loan agreement(s) and to repay the entire unpaid balance and accrued interest on my loan. As well, I agree to a charge of $25 per loan skip.

I agree to amend the terms of my original loan agreement(s) and to repay the entire unpaid balance and accrued interest on my loan(s). As well, I agree to a charge of $25 per loan skip.

Date/Time

Please only click "Submit" once.

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Skip a Payment

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Qualifications:

Skip a Payment on your NorthPark Loan

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