Maybe your car wasn't totalled? Maybe the loan included something BESIDES your car, like an unsecured amount for your PRIOR vehicle?
They should be TELLING you why they aren't paying off the loan. Request it in writing.
2007-01-22 07:41:22
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answer #1
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answered by Anonymous 7
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I am a little confused, isn't that what the gap insurance is for...covering the difference in the loan???? Maybe I am understanding it wrong
2007-01-22 15:14:32
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answer #2
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answered by Bombshell 3
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Are you expecting it to pay the total of your loan? That is the way I am reading your question. It just picks up the difference. Thats why its called GAP.
2007-01-26 01:11:57
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answer #3
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answered by George O 4
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Perhaps the claim is still under investigation. However, when a claim is denied it is their responsability to inform you as to why it is denied. If you know your contract number you should place a call to your particular seller of gap ins' and ask!
2007-01-22 18:55:07
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answer #4
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answered by rob1963man 5
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Tell us the details of what happened. We have to have more details in order to help.
2007-01-22 15:31:45
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answer #5
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answered by blb 5
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