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Automobile Loans Protect Your Automobile Investment With Guaranteed Asset Protection (GAP) Advantage American Eagle has teamed with Allied Solutions to offer Guaranteed Asset Protection (GAP) Advantage to protect your automobile investment. GAP Advantage covers the difference between the book value of the car and the outstanding loan balance if the vehicle is stolen or damaged beyond repair. GAP Advantage provides an additional member benefit of $1,000 toward the purchase of a new or used vehicle financed through American Eagle FCU. Insurance policies only cover the value of your vehicle -which rapidly
declines during the first few years of ownership. Due to this decline, your loan
or lease balance could be higher than the value of your vehicle. Now with GAP
Advantage you can protect your vehicle through a loan/lease deficiency waiver that covers
the "gap" between the vehicle's value and the amount you still owe. It's easy to apply for a loan. Stop by any branch or apply online. |
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| email: info@americaneagle.org 860.568.2020 800.842.0145 |
Federally insured by NCUA. Equal Opportunity/Equal Housing Lender. |
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