A New Car Loan Is Better When It's Protected

When you drive off the lot with your new car, you are expecting to have it for a very long time, but sometimes the unexpected happens. 

If your car breaks down or is in an accident often without protection the buyer is still responsible for the remainder of the loan. To help our members avoid these problems Wauna Credit Union offers a variety of Loan Protection Services, we also offer Debt Protection on our Credit Cards.

 

Guaranteed Auto Protection (GAP)

- If your vehicle is deemed a total loss due to an accident or stolen, there can be a significant gap between what you owe on your loan and what your auto insurance will cover. GAP may reduce or even eliminate that shortfall in the event your vehicle is deemed a total loss.

Learn more: Download the GAP brochure

(For purchases made before 6/1/2025, please call 1-800-773-3236 if you have any questions.)

Mechanical Repair Coverage (MRC)

- MRC may help limit unexpected covered repair costs as your vehicle ages, potentially saving you thousands of dollars in repairs. What’s more, it works at any authorized repair facility in the continental United States of America, Alaska, Hawaii, and Canada. 

Learn more: Download the MRC brochure

(For purchases made before 6/1/2025, please call 1-800-773-3236 if you have any questions.)

Debt Protection

 - Your family means everything to you. And if the unexpected happens, you don’t want an emotionally trying situation to be compounded by financial worry. That’s why there’s Debt Protection, which may cancel or reduce your loan balance or payments up to the contract maximums in case of:

• • Involuntary unemployment - a covered job loss occurs
  • Disability - a covered disability occurs  due to illness or injury
  • Death - protected borrower passes away

Learn more: Download the Debt Protection brochure

 

Ask your loan officer or Wauna Credit Union staff member about any of these services.