GFA Federal Credit Union

Debt Defense Program

Debt Defense Program

Life is an unpredictable rollercoaster of events and situations. While it may have it ups, it has its unfavorable downs too. When those issues impact your finances, you’ll feel overwhelmed and unsure of what to do. Protect yourself and your family in the event of an unexpected circumstance that may hurt your finances. At GFA Federal Credit Union, we provide a Debt Defense Program that can help you protect your loan and your finances in the event of involuntary unemployment, disability, or death. Reach out to us today about our Debt Defense Program and we’ll get you started today.





What Happens: Protected borrower passes away A covered disability occurs due to injury or illness A covered job loss occurs
It Cancels This Up to the contract maximums: Your payments or loan balances Your loan payments Your loan payments
You May Be Eligible If You: Have an eligible loan Are a permanent employee who is actively working Are a permanent employee who is actively working and/or Are honorably discharged
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Insurance products are not insured by NCUA or any Federal Government Agency; are not a deposit of, or guaranteed by the Credit Union or any Credit Union Affiliate; and may lose value. Any insurance required as a condition of the extension of credit by GFA Federal Credit Union need not be purchased from our Agency but may, without affecting the approval of the application for an extension of credit, be purchased from an agent or insurance company of the customer's choice.