Finding simple, straightforward answers to your loan questions isn’t always…. simple. We get it! At Skyla, we're here to help you reach your financial goals. And one of the first steps is tackling your loans. That means understanding all your loan options, knowing the breakdown of the principal and interest in your monthly payments (and how those impact paying off debt), and being aware of your overall debt.
Need one more reason you should open your loan with Skyla? Enter our Skip-A-Pay program! Auto loans and personal loans are the eligible loan types. If your loan qualifies1, you can skip up to 2 monthly payments in a 12-month period for a small deferral fee of $402 per skip. Use the rest of the money however you wish – tackle that to-do list, catch up on other bills, or just cover some unexpected costs.