Loan Perks

Dog relaxing in the poolLoan Shield+ Payment Protection 

Guaranteed Asset Protection Plus 

  • Help protect your vehicle loan against a possible financial loss.
  • The fee can be included with your monthly payments or made separately by cash, check, charge or possibly electronic funds transfer.
  • GAP Plus will help cancel the difference between the primary insurance settlement and what you may still owe.

Mechanical Repair Coverage

  • Mechanical Repair Coverage (MRC) protects new and eligible used vehicles from costly vehicle repairs—even after the manufacturer’s warranty expires. 
  • Rental reimbursement: up to $35 per day for 5 days (or 10 days for a parts delay) from day one. 
  • 24-hour emergency roadside assistance: up to $100 per occurrence. Includes towing, battery jump start, fluid delivery, flat tire assistance and lock-out service. 
  • Travel expense reimbursement: up to $500 for lodging, food and rental expense when a covered breakdown or collision occurs more than 100 miles from home.

Involuntary Unemployment 

Get the ArrowPointe Assurance – in any economy. Call us for details. 

Important Facts

  • Good at any authorized repair facility in the U.S. or Canada 
  • No out of pocket expense (except for any deductible)–the covered repair is paid directly by the plan. 
  • Transferable: if you sell your vehicle privately, the coverage can be transferred, adding resale value and appeal. 
  • Cancelable: receive a full refund within the first 60* days or a pro-rated refund thereafter less a nominal administrative fee. 

Things to Consider

  • Lock-in repair costs: Mechanical Repair Coverage (MRC) helps you to limit your cost of unexpected covered breakdowns to the MRC price, plus any applicable deductible. 
  • Helps provide peace of mind: even if your vehicle does not have a covered breakdown during the MRC’s term, the purchase of MRC was still a wise decision. 
  • Reduce risk: remember, unexpected breakdowns can negatively impact your family’s budget and credit rating. MRC can help eliminate this risk. 

Loyalty Pointe Discounts

  • Loyalty Pointe Discounts are Focused On You & How we can save you even more money!
  • The more of a financial relationship you have at ArrowPointe Federal Credit Union, the more you will receive in benefits.  
  • Just ask us how you can take advantage of so many rewards such as certificate rate bumps and so much more. 
  • Why do we do it? Because we’re focused on you!