Be aware! Scammers are targeting individuals with fraudulent text messages claiming to be from American 1. Never click on suspicious links or call unfamiliar numbers. Always verify directly with us. Click here to learn more about protecting yourself from SMS fraud.

Skip-a-Pay

Home | Borrow | Skip-a-Pay

- A A A +

Skip-a-Pay

Need a break from your loan payment? Our Skip-a-Pay program lets you skip one of your monthly loan payments for a fee of $25.* Not only will you get some wiggle room in that month's budget, but you'll feel good knowing that half of the fee will be donated to the American 1 Scholarship and Educational Grant Program!

You can now Skip-a-Pay in Online Banking!

For Desktop

Log in to your account
Click the three dots on the upper right hand side of the page
Click 'Skip-a-Pay'

For Mobile

Log in to your account
Click the 'Menu' option
Click the 'More' tab
Click 'Skip-a-Pay'

Requirements for eligibility:

Only closed-end loans are eligible. This excludes credit cards, lines of credit and home equity lines of credit.
Loans must be in good standing (not past due or have been past due more than 30 days in the past 12 months).
Loans must be open for at least 6 months (12 months if the balance exceeds $50,000).
You can only use Skip-a-Pay on each eligible loan once per 12 month period.

*The interest on the loan will continue to accrue through the deferred payment period.