Walkaway offers vehicle loan protection coverage that allows customers to return their vehicle and cancel up to $15,000 of negative equity or receive payment relief of up to 6 monthly payments if they lose their job or experience other life changing circumstances. The coverage options range from complimentary coverage to standard and elite plans that provide vehicle return or payment relief for conditions such as involuntary unemployment, disability, bankruptcy, and more. The document provides details on the various coverage circumstances and benefits under each plan.
1. WAM040120CB
20
WHAT IF I LOSE
MY JOB?
$25,000
20,000
15,000
10,000
5,000
0
0 12 24 36 48 60 72 84
Upgrade Coverage
Complimentary
Loan B alance
VehicleValue
Months
*Graph is for illustrative purposes only.
VEHICLE VALUE VS. LOAN BALANCE *
Walkaway®
offers four
upgrade options for the
flexibility you need on a
loan or lease.
The average loan today takes five to seven years to pay off.
You could spend more than half that time ‘upside down’ on
your loan – leaving you vulnerable in the event of life
changing circumstances.
WALKAWAY®
gives you the confidence
you need when making a long-term financial
commitment. Return your vehicle and walk away
from negative equity — keeping your credit
rating and savings intact!
866-886-WALK (9255)