Need to Take A Payment Holiday?
To help put a little extra cash in your pocket, you have the option to skip one or more of your consumer loan or credit card payments with The Southern. It’s easy ... just fill out our Skip-A-Payment* form and pick the month that is best for you to skip (November, December or January),
You may access the form online and have the Skip A Payment deferral fee of $25 deducted from your account here at The Southern by completing and submitting the form below:
If you do not wish for payment to be transferred out of your account at The Southern, you can click here to print out the form and send or bring it into the Credit Union with your check or money order for the $25 payment deferral fee on or before the last day of the month prior to the month you have chosen to skip.
*The Special Skip-A-Payment offer applies to the loans made under the Master Loan Agreement and Disclosure and may be used for 1) one monthly loan payment
2) two consecutive semi-monthly payments
3) two consecutive bi-weekly payments, or
4) four consecutive weekly payments.
2) two consecutive semi-monthly payments
3) two consecutive bi-weekly payments, or
4) four consecutive weekly payments.
Loans not eligible for this special include: mortgage loans, home improvement loans, business loans, loans that have had an extension in the last 3 months, negative share/share draft accounts, and/or loans currently past due or have been more than 30 days past due in the last 6 months. Loans must have minimum 6-month pay history. If you skip your VISA, you must have a minimum of 10% line of credit available.
The Skip-A-Payment coupon is valid for loan payments due in either November 2025, December 2025 or January 2026 and may not be used in conjunction with any other Skip-a-Payment coupon or extension made within the prior 90 days. This offer is not valid on payments already credited. A $25 deferral fee per loan can be deducted from your account or mailed in by check with the coupon. Your coupon must be received on or before the last day of the month prior to the month skipped.
You can mail your coupon to The Southern Credit Union, PO Box 1509, Fayetteville, GA 30214-6509 or fax it to (770) 460-3232 or email to riskmanagement@southernonline.org. TSCU is not responsible for coupons not received. Note: If you have any form of voluntary insurance or warranty coverage in connection with the loan on which you seek to skip a payment you should ensure your election to skip does not affect your coverage (examples include but are not limited to: Credit Life, Credit Disability, GAP, Vehicle Warranty in Connection with your loan –not manufacturer or other warranty). Some companies that provide these insurance or warranty services limit the number of extensions on covered loans which may include voluntary skip payments. Such products are provided by third party companies and not the Credit Union so you will need to address any questions to those companies and review your policies/contracts.
You can mail your coupon to The Southern Credit Union, PO Box 1509, Fayetteville, GA 30214-6509 or fax it to (770) 460-3232 or email to riskmanagement@southernonline.org. TSCU is not responsible for coupons not received. Note: If you have any form of voluntary insurance or warranty coverage in connection with the loan on which you seek to skip a payment you should ensure your election to skip does not affect your coverage (examples include but are not limited to: Credit Life, Credit Disability, GAP, Vehicle Warranty in Connection with your loan –not manufacturer or other warranty). Some companies that provide these insurance or warranty services limit the number of extensions on covered loans which may include voluntary skip payments. Such products are provided by third party companies and not the Credit Union so you will need to address any questions to those companies and review your policies/contracts.
Protect Your Auto Loan
Protect your auto loan with the option to add GAP Insurance or an Extended Warranty!