Take a Break from Your Auto Loan Payment with Skip-A-Payment

Updated: October 2, 2024

Our Skip-A-Payment Program provides you with some financial flexibility during the holiday season by giving you the option to skip your December Auto Loan payment. Whether you want to stretch your gift-buying budget or plan a well-deserved holiday getaway, our Skip-A-Payment Program is perfectly timed to assist you. Regardless of how you choose to utilize the additional funds in your budget, we hope you enjoy this break in your payments.

What is a Skip-A-Payment? 

With our Skip-A-Payment Program, eligible members can enjoy the freedom of skipping their December 2024 Auto Loan* payment without worrying about late fees or negative impacts on their credit score. For a small fee of just $30, members can take advantage of this opportunity to skip a payment and extend their loan term by an extra month.

How do I participate? 

Qualifying members will receive an email or written notice in November to sign up for our Holiday Skip-A-Payment Program. You must fill out the form to confirm your participation. Interest will continue to accumulate on your loan during the month you skip your payment. The $30 fee is automatically added to your loan balance.

To ensure a smooth process, please allow a minimum of 10 business days for your request to be processed. If you decide to skip a payment, and have automatic loan payments set up, don't forget to pause your automatic or bill payment.

If you have any questions regarding your Skip-A-Payment, please email us at SkipAPay@allsouth.org or call us at (803) 736-3110 or 1-800-272-0695.

If you're looking for information about loan extensions outside of the holiday season, please visit our Loan Assistance page.

^*The offer is valid for loans in good standing only. If any AllSouth account is in default, this offer does not apply. This offer applies only to the loan listed above. By signing this form, you authorize AllSouth to extend your loan due date by one month and understand this will extend the maturity date of your loan. Extended payment(s) will move to the end of the loan. Interest associated with deferrals will not be waived. There is a $30 capitalized extension fee, which will be added to the balance of your loan. Other than the deferment of payment(s) request, no other terms or conditions of the original agreement have been changed or altered. A GAP (Guaranteed Asset Protection) claim made against this loan will not cover payments or fees that are extended. Refer to your GAP agreement, if applicable. Interest will continue to accumulate on your loan during the month you skip your payment. Please allow a minimum of 10 business days for us to process your request.