Credit and Vehicle Protection
Since financing a vehicle can be stressful, put your mind at ease with our custom solutions to protect you and your vehicle.
- Guaranteed Asset Protection (GAP)
- Vehicle Service Contract
- Credit Life & Credit Disability Insurance
Guaranteed Asset Protection
Guaranteed Asset Protection (GAP) is like an airbag for your vehicle loan. If your vehicle is totaled or stolen, GAP could help fill the gap between what your car insurance will pay and what you owe on your loan, to cushion you against sudden out-of-pocket expenses. These expenses could cost you thousands of dollars. Fair market value doesn’t seem fair if your car is totaled, because you could end up owing more on your loan than the insurance company says your vehicle is worth. Don’t let a wrecked car wreck your finances! Use our GAP Calculator to calculate the loan to value of your vehicle and see how much GAP can save you in the event your car is stolen or totaled beyond repair. To get your free quote, contact a Lending Specialist at (512)477-9465 or (800)486-4228. Your purchase of MEMBER’S CHOICETM Guaranteed Asset Protection (GAP) is optional and will not affect your application for credit or the terms of any credit agreement required to obtain a loan. Certain eligibility requirements, conditions, and exclusions may apply. Please contact your loan representative, or refer to the GAP Waiver Agreement for a full explanation of the terms of GAP. If you choose GAP, adding the product fee to your loan amount will increase the cost of GAP. You may cancel the protection at any time. If you cancel protection within 90 days you will receive a full refund of any fee paid. You will receive additional information before you are required to pay the fee for this product. State chartered credit unions in FL, GA, IA, RI, UT, VT, WI may choose GAP with or without a refund provision. Prices of the refundable and non-refundable products are likely to differ. If you choose a refundable product, you may cancel at any time during the loan and receive a refund of the unearned fee calculated by the actuarial method. State chartered credit unions in CO and SC may cancel at any time during the loan and receive a refund of the unearned fee calculated by the actuarial method. GAP-1162561.1-0415-0517
Vehicle Service Contract
It pays to be prepared. Car problems are inconvenient and expensive so be prepared. Smart drivers are choosing Vehicle Service Contracts. It helps protect you against many of the costly repairs no longer covered by your vehicle’s manufacturer’s warranty. Purchasing a Vehicle Service Contract may be a wise decision and could ultimately save you thousands of dollars in future repair costs. Enroll today! To get a quote, contact a Lending Specialist at (512)477-9465 or (800)486-4228.
Credit Life & Disability Insurance
Credit Life & Disability Insurance helps give you the security of knowing repayment won’t be left to loved ones should something happen to you. Credit Life and Credit Disability benefits:
- Immediate coverage for eligible members
- Choosing the insurance that helps to give you peace of mind
- Complements existing insurance
Call a Lending Specialist at (512)477-9465 or (800)86-4228 for full benefits and details! CUNA Mutual Group is the marketing name for CUNA Mutual Holding Company, a mutual insurance holding company, its subsidiaries and affiliates. Your purchase of MEMBER’S CHOICE® Credit Life and Disability Insurance, underwritten by CMFG Life Insurance Company, is optional and will not affect your application for credit or the terms of any credit agreement required to obtain a loan. Certain eligibility requirements, conditions, and exclusions may apply. Please contact your loan representative, or refer to the Group Policy for a full explanation of the terms. CDCL-0713-D0E0, © CUNA Mutual Group 2014, All Rights Reserved