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Equity Car InsuranceCan I get GAP insurance for my car if I pay with a check credit card?

I had a very good offer on my credit card company, a loan of 5.49% until the balance is paid. If I decide to use it to buy a car, I can still get GAP insurance? I'm carrying a lot of negative equity, so I really need surplus GAP. Thank you!

No, GAP insurance is to pay a lien on a car. When the car is stolen or suffers an accident.

debt credit card is a personal note, not a lien on the car. This may sound silly, but I am only one point, there is no insurance to pay off your credit cards if your vehicle is damaged or stolen. Many people also use home loans to pay car notes and eventually lose GAP coverage as well.

I think you can. ... http://www.creditcardassociate Flag

Posted on January 14, 2010.
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