How do you go about canceling your Gap and Extened Warranty Polices?

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Apr 3, 2007 | 01:11 PM

#21

bailey bill

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Joined: May 2006

Posts: 1,100

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From: sims, nc

Quote:

Originally Posted by MeetJoeAsian

Is it a benefit to have good credit for a buyer?

Certainly.

Quote:

GAP pays directly to the lender in the case it happens because paying to the borrower sometimes means the lender will never see the money.

Also true; basically what i meant when I said "GAP insurance benefits are paid to the lender, so he is assured he will NOT be left with a deficit in the event of a total loss. Owner/borrowers often become a little disenterested in paying off the balance on a vehiclce they no longer have..."

like I said, I guess there is room for honest debate over who the real beneficiary" is.

bill