Delay A Pay

Loans & Credit

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Members have the option of delaying vehicle loan or personal loan payments up to one month using Delay A Pay. Delay A Pay is available on applicable loans up to once per year and works by extending the loan term by an additional month.

  • Available on vehicle loans and personal loans
  • Only one Delay A Pay permitted every 12 months
  • Loans must be in good standing
  • Delay A Pay fee: $30/ea
  • View additional terms and conditions below.
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Terms & Conditions

  • There will be a $30 service fee to delay each payment on each loan. This fee is due at the time the Delay A Pay authorization is returned to Capitol View.
  • Members must complete an authorization request form per eligible loan. Delay-A-Pay will not be processed until the form is complete and approved by Capitol View. Approval will come from loan staff.
  • Automatic payments being received electronically from another financial institution may require additional signatures to stop and restart. Requests must be received at least 10 days prior to your payment due date.
  • Member will be responsible for stopping and restarting recurring payments setup though online banking.
  • Member may delay one full payment per eligible loan once every 12 months on the following personal loans only: Vehicle loans (some limitation may apply), recreational vehicle loans, consumer goods loans, personal unsecured loans and share secured loans. You cannot delay the first payment of a new loan. Concurrent deferrals are not permitted.
  • Delay a Pay cannot be used for business, mortgage, home equity, home equity line of credit or Mastercard credit cards.
  • A monthly payment is defined as follows:
    • Weekly = 4 consecutive payments
    • Bi-weekly = 2 consecutive payments
    • Semi-Monthly = 2 consecutive payments
    • Monthly = 1 consecutive payment
  • All accounts with Capitol View must be current (for example, no payments are past due) in order for Capitol View to approve Delay A Pay request. This includes the following additional conditions:
    • Your loans have been current for the last 12 months
    • You have made at least three months of payments on your loan
    • You have not filed for an extension on your loan for the past 12 months
  • Finance Charges will continue to accrue on a daily basis.
  • Deferred payments may reduce the total value of benefits provided by ancillary credit products sold in connection with this loan. Refer to applicable product agreements for details.
  • Delay A Pay fees paid by check may be subject to a charge of $30 in the case of non-sufficient funds (NSF). NSF fees will be added to the loan balance, and Delay-A Pay will be reversed.

To calculate the future value of a one-time, lump-sum investment, enter the dollar amount invested, the interest rate you expect to earn, and the number of years you expect to let the investment grow, then click the "Perform Calculation" button.

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The accuracy of this calculator and its applicability to your circumstances is not guaranteed. Results should be discussed with a qualified professional before any product purchases or loan commitments are made.

To calculate the future value of a monthly investment, enter the beginning balance, the monthly dollar amount you plan to deposit, the interest rate you expect to earn, and the number of years you expect to continue making monthly deposits, then click the "Perform Calculation" button.

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The accuracy of this calculator and its applicability to your circumstances is not guaranteed. Results should be discussed with a qualified professional before any product purchases or loan commitments are made.

Enter the term, rate, and either the payment or loan amount - the other will be calculated for you.

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The accuracy of this calculator and its applicability to your circumstances is not guaranteed. Results should be discussed with a qualified professional before any product purchases or loan commitments are made.

You've seen all the low rates the auto dealers have been offering if you finance your new vehicle with them, but is this the best deal for you?

If you were to take the rebate, apply it to the cost of the vehicle and borrow the rest of the money from us, chances are your payment would be lower and you would save interest as well.

Fill out the form below using the cost of the vehicle, the total rebate, the dealer's interest rate, Credit Union's interest rate, and the length of the loan. Estimated payments will be calcualted, depending on where you borrow the money.

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The accuracy of this calculator and its applicability to your circumstances is not guaranteed. Results should be discussed with a qualified professional before any product purchases or loan commitments are made.

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