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Get Mi Skip-a-pay Application 2012-2025
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How to fill out the MI Skip-A-Pay Application online
The MI Skip-A-Pay Application allows users to request the option of skipping a loan payment for a specified month. This guide will provide detailed, step-by-step instructions on how to complete the application online, ensuring a smooth process for users.
Follow the steps to complete your application with ease.
- Press the ‘Get Form’ button to access the MI Skip-A-Pay Application document.
- Begin by entering your name and member account number. Make sure these are accurately entered to ensure proper processing.
- Fill out your address, including city, state, and zip code. This information is necessary for identification purposes.
- Provide your daytime phone number and email address. Accurate contact information is essential for communication regarding your application.
- Indicate the nearest branch for your convenience.
- List the loan number(s) associated with the payment you wish to skip. Ensure the loan numbers are correct.
- Select whether you would like to skip your payment for June or July. You can only choose one of these options.
- If applicable, indicate if your payment plan is bi-weekly and provide the specific payroll dates you wish to skip.
- Answer the question regarding if your payment comes from a different account number. If yes, provide the account number.
- Review the terms and conditions, ensuring you understand the $25 application fee per loan being charged.
- Select the account from which the $25 fee will be deducted: Share Account or Checking Account.
- All borrowers must sign and date the agreement. Ensure that everyone required does so to avoid processing delays.
- Once all fields are completed and reviewed, save your changes, and you can download, print, or share your completed form as needed.
Complete your MI Skip-A-Pay Application online today to take advantage of this service.
It doesn't hurt your credit but it hurts your pocketbook, Hyde said. However, if you're not careful, it could hurt your credit. ... Payment history influences credit scores most, meaning you could be at risk for hurting your credit if you skip a payment without your lender's permission.
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