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2. 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 ...

3. 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 ...

4. 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 ...

5. 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 ...

6. 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 ...

7. How to read an auto insurance policy

   www.aol.com/finance/read-auto-insurance-policy...

   Policy number: This is a unique number assigned to your car insurance policy. This helps your company find your exact policy when you make changes or file a claim. Policy term: The policy term is ...

8. Guaranteed asset protection insurance - Wikipedia

   en.wikipedia.org/wiki/Guaranteed_asset...

   Guaranteed asset protection insurance (or GAP Insurance) is an insurance coverage offered as a supplement to automobile insurance policies or auto loans. A GAP policy covers the difference between the value of a car (i.e., what the insurance company will typically pay) and what the borrower owes on the loan if the car is totaled or stolen.

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 ...