On March 27, 2020, VyStar automatically deferred loan payments for 60 days on eligible* consumer loans and credit cards. The program was designed to ease the financial burden that our members may be experiencing because of the coronavirus (COVID-19).
Now that the loan deferment period is coming to an end, we recognize you may need to skip another payment on your loan or change your loan's due date to better fit your needs. That’s why we are offering additional options to help you financially recover at your own pace.
If you do not request additional assistance, loan and credit card payments that are late will incur a fee, as we are reverting to normal late fee assessments starting June 1, 2020.
We have provided forms for you to request a Skip-A-Payment or to change the due date on your loan.
Select an option that fits your needs from the buttons below.
Skip-A-Payment Due Date Change
No, loan and credit card payments are deferred, and payments do not have to be made during the deferred months. Finance charges will continue to accrue, and the maturity date of your loan(s), as applicable, will be extended.
If you would prefer to make a payment during the deferment period, you can. However, a payment is not required.