Skip-A-Pay
Is your financial institution hesitant to offer Skip-A-Pay benefits to account holders due to concerns about the impact on your back-office operations? Your staff spends an average of 45 minutes to process a loan skip manually. Not only are manual skips time-consuming but they can also increase the risk of errors. Our Skip-A-Pay solution changes everything by enabling automated loan skipping year-round with no impact to credit score. Skip-A-Pay saves your staff thousands of hours, generates revenue through skip fees and delights your account holders.
More Flexibility For Your Account Holders
Avoiding loan payments can lead to inconvenience, resulting in feelings of embarrassment and a pressing need for prompt solutions. With our Skip-A-Pay solution, your account holders have the flexibility to skip eligible loans at their convenience from anywhere.
Step 1:
Identify Account
No login required
Step 1:
Identify Account
No login required
Step 2:
Select Loan
Real-time Qualification
Account Holder
Loans
Step 2:
Select Loan
Real-time Qualification
Account Holder
Loans
Step 3:
Confirm Skip
Advanced Due Date
30 Day Default
All Pay Frequency Supported
Step 3:
Confirm Skip
Advanced Due Date
30 Day Default
All Pay Frequency Supported
Step 4:
Select Fee Method
& Agree To Terms
Multiple Fee Methods
Internal Transfers
Credit/Debit Cards
Add to Loan Balance
PayPal
Loan Specific Fees
Tiered Fees Based On
Loan Payment Amount
Loan Type
Step 4:
Select Fee Method
& Agree To Terms
Multiple Fee Methods
Internal Transfers
Credit/Debit Cards
Add to Loan Balance
PayPal
Loan Specific Fees
Tiered Fees Based On
Loan Payment Amount
Loan Type
Hear What Our Customers Are Saying
Leading financial institutions nationwide partner with Tyfone to achieve strategic objectives, retain accountholders, acquire new business, and turn their vision into reality. Hear their stories.