Hardship & Loan Modification Assistance
At VyStar, we are committed to working with our members to provide flexible solutions such as adjusting payment dates, or even pausing payments temporarily, if that's best for your budget.
We provide the following options, and applying for the change is as simple as filling out a form.
Skip A Pay
Exclusively for consumer loans
Must be current on payments or within 10-day grace period
Cost is $15 per month, up to three months
Can only utilize feature once per calendar year (must specify how many months)
Must make 6 payments before first 'Skip a Pay’
Allow three to five business days for approval
Hardship Deferment
Available for consumer loans and credit cards
Must be 11 to 60 days past payment due date
Only one deferment allowed for every 12 payments
Must make 12 payments before first deferment
Soft credit pull and verification of income required
Allow three to five business days for approval
Due Date Change
Exclusively for consumer loans
First payment must be complete before date change
Can't switch due date from one month to a different month
Account must stay current after date change
Allow three to five business days for approval