Payment Relief Plans (PRP)

  • Credit Unions
  • Banks
  • Finance Companies
  • Auto Dealers
  • Utilities
Protect your loan portfolio and generate non-interest income by providing your members with Payment Relief Plans. This product will benefit your financial institution, help to differentiate your loan products in a competitive market and protect your members from unexpected life events. If your member experiences a qualifying event, Payment Relief Plans will cover their loan payments for up to three months or cover the negative equity of their vehicle if they return it to the selling dealer.

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