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Loan Protection Products

We offer a variety of Loan Protection Products to assist you in case of unforeseen circumstances.

Protection you can count on – at an affordable rate!

Payment Protection can help safeguard your loan – and give you peace of mind. It’s help you can count on when you need it most. It’s convenient, affordable and easy to qualify.

Why Take The Risk?

Who will make your loan payments if you can’t? That’s a worry you won’t have to face with Payment Protection Credit Insurance. If you pass away or become disabled due to a covered illness or accident, your loan payments may be reduced or paid off.

Simple Eligibility

No physical exam is required to qualify. A few simple health questions may be required. And the group rates are affordable – typically less than individual coverage.

No Additional Bills

Don’t worry about additional bills to pay; your premium will be included in your monthly loan payment.

Rest Easy

With Payment Protection, you can rest easy knowing your benefits can be paid in addition to any other insurance or company protection you may have.

Act Today

Protect your loan every time you borrow. Limitations and exclusions apply. For details about coverage and costs please contact us.

It's worth $20,000 on the lot...but only $15,000 on the street! Your NEW car becomes a USED car as soon as you drive it off the lot. If the value of your car is less than the balance of your auto loan, you're "upside down," and there is a gap that isn't covered by standard auto insurance. This difference requires a special type of protection called GAP coverage.

How GAP coverage works:

  • Amount you owe on your auto loan: $20,000
  • Your car's "actual cash value" at the time of loss: $15,000
  • What the insurance company pays after the deductible: $14,500
  • GAP helps waive: $5,500

Visual depiction of what you owe, what insurance pays, and what GAP helps waive

What is GAP? Peace of mind!

If your vehicle is ever totaled or stolen, your primary insurance will usually pay only the current market value of your vehicle, less your deductible. If the actual cash value is less than your current loan amount, the result could be a financial gap where you must pay the difference between your loan balance and your insurance settlement. This could mean thousands of dollars out of your pocket.

Help eliminate this possible out-of-pocket burden with GAP.

  • Help ensure peace of mind that you will not continue to owe for a vehicle you can't drive
  • Help protect your credit rating

Do you need GAP protection?

A car starts depreciating as soon as you buy it, but never more than when you drive it off the lot - turning it from a "new" car to a "used" car. To estimate the anticipated depreciation and potential GAP risk, please contact Peach State and ask to receive a GAP Risk Illustration through the VisualGAP system.

Graph illustrating amount you owe on your auto loan vs your vehicle's value


In addition to offering new, used, and refinanced auto loans, we also offer Extended Vehicle Service Contracts through Vision Warranty Corporation for your auto, truck, or van. Get peace of mind and protection against expensive, unexpected automotive repair costs when you purchase an Extended Vehicle Service Contract.

Buy an Extended Vehicle Service Contract for less than the cost at most dealerships and enjoy:

  • Coverage of most major components in the event of a breakdown
  • No-hassle Direct Payment: no reimbursement forms
  • A one-time premium that may be financed along with your vehicle

Put the brakes on expensive car repairs. A factory warranty may not be enough. Most major repairs occur after the manufacturer’s warranty expires. Consider adding an extended vehicle service contract to your loan. Coverage obtained through Peach State may save you money when compared to dealer plans.

Available Features Include:

  • Low deductibles – options of $0, $50, $100 or $200 available
  • Coverage for vehicles up to 11 years old with up to 150,000 miles on the odometer
  • Bumper-to-Bumper Exclusionary Coverage on vehicles up 11 years old and with less than 100,000 miles
  • Toll-free roadside assistance
  • Toll-free claims phone number
  • Trip interruption coverage
  • Increased vehicle resale value
  • Repair work may be performed by a dealership, franchise repair facility, or an independent repair shop
  • Claims are paid directly via credit card
  • Service contracts are valid in the U.S. and Canada

Why purchase an Extended Vehicle Service Contract?

Did you know that 81% of credit union members who purchase a service contract will have at least one mechanical breakdown? Extended coverage can help you save money if your car ever needs to be repaired and your manufacturer’s warranty has expired. In addition, it could help if you re-sell your vehicle. Pre-owned car buyers look more favorable upon a vehicle that comes with coverage. It represents a vehicle that has likely been well maintained by its owner. Should the buyer of the vehicle decline the option to transfer your coverage, you can cancel and apply for a pro-rated refund.

How do you get an Extended Vehicle Service Contract?

Contact your credit union loan representative or call Auto Exam toll-free at 800.709.5792 or visit www.autoexam.com for more information on the Vision Warranty Program provided by Auto Exam.

Learn more about an Extended Vehicle Service Contract

To learn more about any of our Loan Protection Products and find out which one is right for you, call our Loans By Phone Center at 770.580.6000 or visit any of our convenient branch locations.

  • Insurance and warranty products are not products of the credit union and are not obligations of or guaranteed by the credit union. Insurance or warranties may be purchased from an agent or an insurance company of the member's choice; and credit union makes no representations as to the services of any provider.

Corporate Office

1505 Lakes Parkway, Suite 100
Lawrenceville, GA 30043
No branch onsite.

Routing Number: 261174759

Copyright © 2020 Peach State Federal Credit Union
All Rights Reserved. This credit union is federally insured by the National Credit Union Administration.
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