Voluntary Protection Products (VPP) for Early Loan/Lease Terminations and Aftermarket Product Cancellations
*as of 6/6/2018
STATE REGULATIONS REGARDING EARLY LOAN/LEASE TERMINATION ARE ON THE RISE.
As state regulations continue to grow on refunds of Voluntary Protection Products (VPP) due to Early Loan/Lease Termination, you may be struggling with the following questions:
- Are we in compliance with the recent rule changes relative to tracking and calculating Voluntary Protection Product (VPP) refunds for GAP and Credit Life & Disability?
- Does our VPP Compliance Program meet state requirements?
- Are our customers receiving the correct pro-rated refund within the state required time frame?
van Wagenen services VPP waivers and insurance, eliminating any stress about non-compliance. We are dedicated to meeting all jurisdictional requirements ensuring our services meet the requirements of even the most stringent tracking and payment regulations.
For more information on how we can help manage your VPP Cancellations, please fill out the form below: