As a result of unexpected illness, injury, or death eliminating their ability to earn a paycheck, even the most responsible person can be hit with bills they can’t pay, damage to their credit score, and even repossessions.
When you add Payment Protection to your loan*, you minimize the impact of the unexpected.
In most cases, Payment Protection can:
- Eliminate all or part of your remaining loan balance
- Protect your credit rating as loan payment obligations are made on your behalf
- Prevent late fees
- Create financial security for your family
- Free-up extra cash when it’s needed
Payment Protection is affordable, it may cover both you and your co-borrower, and it is a part of your regular payment—giving you one less thing to worry about.