Arizona Central Credit Union


To help stretch your budget, you may be eligible to skip your loan payment. It's a great way to free up cash for family vacations, back-to-school shopping, the holidays or anytime you need some extra cash.

How do I skip my loan payment?

You may skip your payment one time every 12 months.

  1. Complete the Skip-A-Payment Amendment. Please note, both the primary member and co-borrower/co-signer (if applicable) MUST sign the form. For added convenience, registered eBRANCH users can login to submit this form online, provided there is no co-borrower/co-signer on the loan. Once logged in, look for the "Online Forms" link to access the Skip-A-Payment Amendment.
  2. Enclose a check for the total amount due or complete the authorization to deduct funds. There is a $25 processing fee for each loan payment you choose to skip. You may be eligible to waive this fee through our Central Points program.
  3. Submit your form at least 10 days before payment is due but no more than 30 days prior to the due date.

If you use payroll deduction or automatic transfers for your loan payment from an Arizona Central account, the funds which would normally transfer to your loan will be available for withdrawal. If your payment normally originates from another financial institution, contact them to cancel payment for the month you are choosing to skip.

Which loans do not qualify?

  • Visa® Credit Cards
  • Lines of Credit
  • Mortgage & Home Equity loans
  • Certificate-Secured loans
  • Business loans
  • Currently delinquent loans
  • Accounts with unpaid fees
  • First payments on new loans cannot be skipped

Other conditions and restrictions may apply. If you are not approved for the Skip-A-Payment, you will be notified in writing.

How does skipping affect finance charges?

On qualifying loans, interest will continue to accrue during the waived payment period. The $25 processing fee does not reduce the principal.

Since 1939 we've been providing Arizona families with friendly, hometown service and convenient, affordable financial solutions. As a member-owned credit union we provide personalized checking, savings, mortgages, and business and personal loans to communities across Arizona, including Phoenix, Tucson, Tempe, Chandler, Glendale, Show Low, and Flagstaff. Arizona Central Credit Union is here to help you achieve financial success for every stage of life.
From Arizona: (602) 264-6421 1-866-264-6421 ABA Routing Number: 322172441

We do business in accordance with the Equal Credit Opportunity Act.

Local First Arizona NCUA Equal Housing Lender