SPC Debt Protection
SOMETIMES THINGS HAPPEN…
HELP PLAY IT SAFE!
SPC Credit Union helps you play it safe when taking out a loan. SPC Debt Protection is a voluntary loan-payment protection product that helps preserve your family’s standard of living by giving you relief from the financial burden of delinquency, default, or foreclosure if a protected life event such as disability, loss of life, or involuntary unemployment happens to you.
Call and ask about protecting your loans today.
*Your purchase of MEMBER’S CHOICETM Borrower Security is optional and will not affect your application for credit or 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 MEMBER’S CHOICETM Borrower Security.
GAP protection is a reasonably-priced coverage for auto loans that provides additional coverage in the event of a theft or total loss. A one-time premium can be conveniently added to your loan balance. As an added bonus when you finance your replacement vehicle with SPC, GAP protection will pay $1000 on your new loan.
Services Provided by Third Parties Not Affiliated with Credit Union.
Extended Service Vehicle Coverage
When buying any vehicle, there is always a chance of having a mechanical breakdown. Mechanical breakdowns can be very expensive to repair. With an extended vehicle service contract from Vision Warranty Corporation you can add protection against the unexpected high cost of vehicle repairs, in some cases eliminating the cost altogether.
- Wear and Tear Coverage: All plans cover ordinary wear that exceeds the manufacturer’s published tolerances on covered components
- One Deductible Per Visit: : Regardless of the number of components repaired, only one deductible is paid per visit.
BENEFITS INCLUDED IN ALL PLANS
Roadside Assistance Services Including:
1) TOWING / WRECKER SERVICE
2) GASOLINE DELIVERY
3) FLAT TIRE CHANGE
4) BATTERY-JUMP SERVICE
5) LOCKOUT SERVICES
6) CONCIERGE SERVICES
Rental Car Reimbursement: Payments are limited to the actual rental cost not to exceed thirty-five dollars ($35) per day, not to exceed seven (7) days.
Trip Interruption: Reimbursement for meals and lodging when a covered failure occurs more than 100 miles from home not to exceed one hundred dollars ($100) per day, and not to exceed three (3) days.
Manufacturer’s Deductible Reimbursement: If a part is replaced under the manufacturer’s warranty and that same part is covered under this contract, Vision will pay the deductible that the manufacturer charged up to a $100.00 maximum.
For more information, contact a Financial Service Representative at 843-332-4506 or firstname.lastname@example.org