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Loan Payment Protection (LPP)

Protect your loan in case of the unexpected.

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  1. Overview

Overview

Loan Payment Protection (LPP) is designed to help ensure your loan payments are cancelled1 in the event of unexpected circumstances like disability or unemployment.

If an unexpected life event occurs, LPP can help protect you, your family, and your credit from long-lasting concerns by canceling your protected loan payment(s)1. Knowing your loan is protected can help you gain peace of-mind. This is valuable protection designed with options to fit your budget and the cost can be conveniently included in your loan payment. Be sure to ask your Member Service Representative about eligibility, conditions, or exclusions.

LPP benefits:

  • Makes or cancels loan payments in the case of involuntary unemployment, sickness, injury, or death
  • Protect your credit
  • Valuable protection that fits your budget and can be conveniently included in your loan payment

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1Up to the contract maximums.

*Your purchase of Debt Protection is optional and will not affect your application for credit or the terms of any credit agreement required to obtain a loan.

Please contact your Member Service Representative or refer to the Member Agreement for a full explanation of the terms and conditions of Debt Protection.

You may cancel the protection at any time. If you cancel protection with 30 days, you will receive a full refund of any fee paid.