Protect Your Loan
TFCU has several products and services to protect your loans and assets.
It is good practice to occasionally look-up the value of your vehicle, as you are paying down the loan. If your vehicle's current value is less than your outstanding loan balance, you should consider adding GAP Coverage.
Ask one of our loan experts to help you bridge the financial GAP between the amount your auto insurance carrier will pay in the event that your vehicle is totaled or stolen and the amount of your loan balance.
"Through TFCU I was able to get a loan on a new vehicle quickly and because I had GAP insurance, my old car was completely covered and I didn't have to pay a thing. They made a tough situation a lot easier for me." - Danielle B., TFCU Member
Payment Protection Credit Insurance
We offer two types of Payment Protection Credit Insurance to help ease financial concerns for you and your family if the unexpected occurs.
Credit Life Insurance is designed to reduce or payoff the insured balance on your loan if you die.
Credit Disability Insurance is designed to pay your loan payments (up to the contract limit) if you become ill or disabled and are unable to work.