Suntide Federal Credit Union
DID YOU KNOW YOU'RE NOT COVERED?
You have insurance, but it may not cover your balance in the case of a total loss or an unrecovered theft. Here's what happens, you secure a loan, in the first two or three years, depreciation occurs faster than the reduction in the loan balance. If a theft or a total loss occurs, your insurance company will pay only the actual cash value of the collateral. The actual cash value may NOT pay off the balance of your loan. You are left with a GAP, an unpaid balance you still owe to your lender YOU CAN NOW GET PROTECTION Simply ask your Loan Officer. It is easy, inexpensive, and it eliminates the worry you may be left with a Gap!
Auto Preferred Vehicle Breakdown
Protection for New
Suntide Federal Credit
Union can now offer its members vehicle service contracts for new
and used autos. This is the same type coverage sold at new automobile
dealerships. The big difference is that this program is generally
40% to 60% lower in price. Vehicles are eligible if they are less
than ten years old and have less than 100,000 miles. Whether you
own a new or used car, call or come by the credit union to receive
a
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