Experiencing Financial Hardship?
You can defer Beginnings Credit Union loan payments.
For a small fee per skip, our members with eligible Beginnings Credit Union loans can request to skip up to two payments per calendar period per loan. Keep reading to find out if you and your loan type are eligible and then complete the Skip-a-Pay Request Form.
Eligible Loan Types:
- Automobile (Note: Payment saver loans are not eligible)
- Motorcycle
- Signature Loan (closed end)
- Other Secured (boat/snowmobile/dirt bike/tractor/etc)
- Recreation (camper/RV/etc)
Member Eligibility
- All loans for the borrower and any joint/guarantor must be current, with no missed or late payments for 6 months.
- Loan must be open for at least 6 months at Beginnings Credit Union.
- Borrower must have $40 available in their Beginnings Credit Union account at the time of the request.
- Eligible loan payment may only be skipped twice per calendar period per loan.
- Request must be submitted 3-5 business days prior to the due date for the requested payment skip.
Need More Assistance?
You can reach out to our Asset Recovery Department
Email: AssetRecovery@beginnings.com
Phone: 607-257-8500 ext.1100
*Member must have an eligible loan type, complete a request form, and be approved to participate in the "'Skip-a-Pay' program. Interest on the loan will continue to accrue." Request must be submitted 3-5 business days prior to the due date for the requested payment skip. Until approval is received from the Credit Union that the skip is approved, payments will still be due. Other restrictions may apply.