SPIRE SKIP-A-PAY

Loans that qualify for Skip-A-Pay

  • New and used vehicle loans
  • New and used recreational vehicle loans
  • Original loan term of 60 months or less

Easily apply for Skip-A-Pay one of the following ways

  • Online via SPIRE Internet Banking
    Once logged into your SPIRE account, select “Services” from the top menu then choose “Skip a Loan Payment” and complete the short form.
  • Call 651.215.3500 and speak with a SPIRE representative
  • Stop by the nearest SPIRE branch location

Skip-A-Pay eligibility requirements

  • Original loan term of 60 months or less
  • If the monthly due date has already passed, the loan payment cannot be skipped
  • One skipped payment allowed per calendar year
  • Loan payment(s) must be current (i.e., you can’t skip your June payment if you haven’t paid your May payment)
  • A $35 fee* applies per loan payment skipped. Funds must be paid by your SPIRE checking or savings account 
  • Six loan payments must be made and loan must be open for six months or more

*A processing fee of $35 will be assessed per skipped payment.  If you choose to skip loan payments on multiple loans, the $35 processing fee applies to each loan payment skipped. Interest will still accrue on the loan(s) even if you defer the payment(s). Restrictions may apply. Skipping a loan payment will increase the term of your loan and increase the total interest.


Driven by

MIDWESTERN VALUES

Founded in 1934, SPIRE upholds the values of honesty, integrity and hard work. We strive to make it easy to do business with us and truly care about our members.