Building lifelong relationships with our members to help them achieve their financial goals.

Fall 2012 - Vol. 6, No. 4

Travis Credit Union - Home


Knowing your loan is protected helps to bring you peace of mind

If you're a new car owner, you know its value will likely never be as much as the day you signed those loan papers and drove it happily off the lot. But what if your ride is stolen or totaled in an accident just a few months or a few years later? Since your car insurance will only pay the value of the vehicle at the time of loss, chances are that amount won't be enough to pay off your auto loan.

Guaranteed Asset Protection (GAP) cancels or reduces this difference. GAP is available for private passenger cars, vans and light trucks, motorcycles, ATVs, snowmobiles and personal watercraft. Even recreational vehicles and watercraft are eligible.

Enjoy knowing your auto loan is protected. For more information about GAP, please visit our Web site or call our member service center.

Your purchase of MEMBER'S CHOICE™ Guaranteed Asset Protection (GAP) is optional and will not affect your application for credit or the terms of any credit agreement required to obtain a loan. Certain eligibility requirements, conditions, and exclusions may apply. Please contact your loan representative, or refer to the Member Agreement for a full explanation of the terms of GAP. If you choose GAP, adding the product fee to your loan amount will increase the cost of GAP. You may cancel the protection at any time. If you cancel protection within 90 days you will receive a full refund of any fee paid. You will receive additional information before you are required to pay the fee for this product.


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Federally insured by NCUA.
NMLS registered. Equal Housing Lender.