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  2. Collateral protection insurance - Wikipedia

    en.wikipedia.org/.../Collateral_protection_insurance

    Collateral Protection Insurance, or CPI, insures property held as collateral for loans made by lending institutions. CPI, also known as force-placed insurance and lender placed insurance, [1] may be classified as single-interest insurance if it protects the interest of the lender, a single party, or as dual-interest insurance coverage if it protects the interest of both the lender and the ...

  3. What are Dealer Fees When Buying a Car? - AOL

    www.aol.com/dealer-fees-buying-car-202200344.html

    Dealer fees range depending on the location and price of the vehicle. You can expect to pay anywhere between 8 and 10 percent of the car's price in dealer fees. These fees almost always include ...

  4. How Car Loan Charge-Offs Work - AOL

    www.aol.com/car-loan-charge-offs-171400504.html

    A car loan charge-off occurs when a lender moves an auto loan during accounting from the asset category to the liability category. Lenders charge off an auto loan when the borrower stops making ...

  5. Payment protection insurance - Wikipedia

    en.wikipedia.org/wiki/Payment_protection_insurance

    Payment protection insurance. Payment protection insurance ( PPI ), also known as credit insurance, credit protection insurance, or loan repayment insurance, is an insurance product that enables consumers to ensure repayment of credit if the borrower dies, becomes ill, disabled, loses a job, or faces other circumstances that may prevent them ...

  6. GAP insurance - Wikipedia

    en.wikipedia.org/wiki/GAP_insurance

    GAP insurance protects the borrower if the car is written off or totalled by paying the remaining difference between the actual cash value of a vehicle and the balance still owed on the financing. [1] GAP coverage is mainly used on new and used small vehicles (cars and trucks) and heavy trucks. Some financing companies and lease contracts ...

  7. Should you pay off your car loan early? - AOL

    www.aol.com/finance/pay-off-car-loan-early...

    Paying off a car loan early can save you money — provided the lender doesn’t assess too large a prepayment penalty and you don’t have other high-interest debt. Even a few extra payments can ...

  8. Vehicle insurance in the United States - Wikipedia

    en.wikipedia.org/wiki/Vehicle_insurance_in_the...

    In many instances, this insurance will also pay the deductible on the primary insurance policy. These policies are often offered at auto dealerships as a comparatively low cost add-on to the car loan that provides coverage for the duration of the loan. GAP Insurance does not always pay off the full loan value however.

  9. Mortgage protection insurance: What it is and when you might ...

    www.aol.com/finance/mortgage-protection...

    Mortgage protection insurance is an insurance policy that pays off the remainder of your mortgage if you pass away or if you become disabled and can’t work. In that way, it functions similarly ...

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