Skip the holiday stress by skipping your loan payment with Essential's Skip-A-Pay! Simply elect to skip your qualifying credit union loan* payment for the month of December or January and enjoy the flexibility of having extra funds.

To skip a payment:

  • Download and complete the Skip-A-Payment Request Form
  • Return completed form in person or by mail
  • Enjoy the extra cash!

Download Skip-A-Payment Form


*Skip-A-Pay fee cannot be added to the balance of the loan. The fee of $35.00 must be paid in cash, check or debited from an existing Essential account by participating in Essential’s Skip-A-Pay program, you request that Essential defer your loan payments as indicated. You agree and understand that: 1) Loans must have originated 180 days prior to be eligible; 2) All co-signers of the loan must agree to the Skip-A-Pay program and sign the request; 3) FINANCE CHARGES will continue to accrue at the rate provided in your original loan agreement, during and after this time; 4) Deferring your payment will result in you having to pay higher total FINANCE CHARGES than if you made your payment as originally scheduled; 5) The payment deferral will extend the terms of your loan(s); 6) You will be required to resume your payments the following month. If you elected GAP or Warranty Coverage, the coverage will not be extended beyond the original maturity date. All deferrals are subject to Essential approval. Your loan(s) must be current for at least 180 days to accept this offer. Excludes all real estate loans, HE-LOC’s, Commercial loans and credit cards. Two Skip-A-Payments are allowed per loan within one calendar year.  Deadline to respond is at least 5 days prior to loan due date. Make checks payable to Essential. Send your signed Request and Authorization to Essential, Attn: Skip-A-Pay, P.O. Box 738, Plaquemine, LA 70765 or drop off to your nearest location.