Did you know that purchasing GAP insurance—which covers the difference between the amount you owe on your loan and the amount your insurance company pays if your car is stolen or totaled—can cost almost three times as much from a dealership compared to purchasing it through your credit union?
That’s just one gem you’ll learn today from First Education President Jim and Vice President of Lending Jaclyn, who are here to guide you through:
- Why to get pre-approved for a loan before you start car shopping
- What happens if you extend your loan
- Why we recommend adding “gap protection” to your loan
- Additional products you can add on to your vehicle loan through First Education

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