You may qualify to skip a payment*
When money is tight what do you do? KEMBAs skip-a-pay is a great option for our borrowers! Not every lender offers this opportunity. Another advantage of borrowing with KEMBA! Once you request to skip-a-pay and it’s approved, we will apply the $25 processing fee right to your loan balance. There is no upfront cost! Then, use that money however you want! Easy!
Our skip a payment program is a great way for members to skip a payment for other expenses like:
- Holiday spending
- Unknown expenses
- Auto repairs
- Anything really!
How do I Skip A Payment?
When you’re ready submit the form below. You can also call 317-351-5235 or email us at email@example.com to get started! Skip A Payment requests must be received 10 days before your loan payment is due!
Skip A Payment Disclosure
*Your KEMBA Loans must be in good standing to take advantage of this offer. Skip A Payment is available once in a 12-month period per loan. Use of Skip A Payment extends the term of your loan. Any GAP, Credit Life or Disability payment protection added to your loan remains effective through the original maturity date. Sorry, Mortgage loans, including home equity, are not eligible for Skip A Payment.
If your payment transfer comes from another institution it will still happen. We will then deposit those funds into your KEMBA savings account for easy access!