Protect your investment.
Most insurance companies pay the Actual Cash Value (ACV) of your vehicle in the event of a total loss, but your loan balance could be higher than the ACV. This means you could be left owing a lot of money to pay off the balance of your loan. GAP Advantage is a voluntary, non-insurance program offered as protection to cover or reduce the amount you owe in the event the primary insurance company’s payment leaves you with a deficiency balance on your loan. GAP Advantage also provides you with a $1,000 credit towards the financing of a replacement vehicle.
Guaranteed Asset Protection (GAP) Advantage prepares you for the unexpected:
- Waives the difference between your primary insurance company’s settlement and the payoff of your loan in the event of a total loss or unrecovered theft*
- Covers up to $1,000 of your deductible if there is a "gap" after the primary insurance settlement is paid
- Provides a $1,000 credit toward the financing of a replacement vehicle through Pasadena FCU after a total loss
Note: GAP is not required to obtain an auto loan.
For more information or a quote, please call Pasadena FCU at (626) 799-0882 or (800) 445-PFCU (7328).
*GAP is subject to limitations and exclusions, including a loan-to-value maximum of 125% which may cap the benefit you receive.
Guaranteed Asset Protection products are provided by third parties, are not NCUA/NCUSIF insured, and are not Credit Union guaranteed. Discounts may vary and may not be available in all states.
Rates lower than most in the area.
Renovating, landscaping or just in need of a line of credit for unexpected expenses, we can help. Enjoy rates as low as 8.25% APR*.