Skip a Pay

If you set up your payment from another financial institution (Ex. Chase Checking to SunWest Auto Loan) or you set it up manually through your MySunWest online account, you’ll need to temporarily cancel that external automatic payment. Surepay loan payments are processed internally by SunWest, and we will adjust this on our end once the skip request is received. If you are uncertain how your automatic payment is set up, please call us at 602.866.1100 prior to submitting your skip request. 

Skipping a payment means your loan term will be extended by one month, and interest will continue to accrue on the unpaid balance. This will result in a higher total interest payment over the life of the loan.

No, skipping a payment through this program will not affect your credit score, as long as you meet the eligibility requirements and submit your request on time.

If you have GAP coverage on your auto loan, skipping a payment may reduce the benefits of your GAP contract. Since the loan balance will be higher than originally scheduled, it’s possible your remaining loan balance might not be fully covered by GAP in the event of a total loss. Please refer to your GAP policy for specific details or contact us for more information prior to submitting your request.

No, each eligible loan can only be skipped once per year through this promotion.

Yes, you may be able to skip a payment on more than one loan if you have multiple eligible loans with SunWest Credit Union. However, each loan requires a separate request and fee.

Yes, the following loans are not eligible for Skip a Pay: Mortgages, Second Mortgages, Home Equity Lines of Credit (HELOC), Personal Lines of Credit, Credit Cards, Share Secured Loans, Share Certificate Secured Loans, and Credit Builder Loans.

Yes, skipping your December payment does not affect your January payment. You will need to resume your regular payments in January.

If you have already made your December loan payment in advance, you can still take advantage of the Skip a Pay program. Your skipped payment will be applied to the next due date, likely January, depending on your loan type and payment schedule.

Once your Skip a Pay request has been processed and the $30 fee has been withdrawn from your account, it cannot be canceled. If you have any concerns, please contact us as soon as possible.

Yes, we will accept late requests. However, please be aware that any request made after November 29, 2024 will be subject to an additional $10 fee per loan for a total skip payment fee of $40.