Build a Better Loan Experience
Guaranteed asset protection eases the financial burden on the covered consumer by waiving the remaining loan balance in the event of a theft or total loss of a vehicle.
According to the Bureau of Transportation, almost six million vehicles are totaled or stolen every year. Because of this, GAP addresses the concerns of everyone involved in the loan process by:
- Saving the consumer from additional out-of-pocket expenses
- Protecting the integrity of the consumer’s credit history
- Insuring the losses of the lender from an unpaid balance
Find out how to build a better loan experience with GAPWise for automotive dealers or SecureGAP for lenders. Discover how you can grow your business with a customized solution created under our Private Label GAP Program.