Schedule a Personal Demo



Skip Loans

Maximize Loan Skips with Time-Saving Automation

Loan payment skips are traditionally an under-utilized “seasonal” service for credit unions. With the Cubus Skip-A-Pay loan skip software, everybody wins, everybody benefits. The loan skip payment process is automated, which reduces a 15 to 45-minute process to a fast and easy three-step approach.

It’s as Easy as 1-2-3 for Members

  1.  Members select the loan they would like to skip, agree to the terms and pay the fee.
  2.  Members and loans are pre-qualified in your system reducing hours of manual work.
  3.  Payment due dates are advanced. The automated payment is updated, the loan’s maturity date is extended, and the fee is charged.

Members Win:

  • Saves a trip to the branch while making the request anonymously from any online device.
  • Get faster payment relief.

Credit Unions Win:

  • Credit unions potentially save hundreds of staff hours with our loan skip software while enjoying a new source of non-interest revenue.
  • Skip-A-Pay is a customizable program that easily integrates with your core banking system while giving you a cost-effective way to maximize and streamline loan skips.

“We are always pressured to do more with less. With Skip-A-Pay loan skip software, we now offer our members the convenience of taking a payment holiday on their terms in seconds which frees up our staff time to better serve our members. It has been a win for Securityplus and a win for our members.”

Maynard Hurd, AVP of Lending, Securityplus Federal Credit Union