Consumers and Guaranteed Asset Protection (GAP Protection) on vehicle financing contracts: a first look

Guaranteed Asset Protection (GAP) shields purchasers from financial risks of losses exceeding insured collateral values if vehicles become total losses. Yet surprisingly little is known about the sales of this product or consumers’ attitudes toward it. In this study, we report the results of a repre...

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Veröffentlicht in:	Finance and economics discussion series 2022 (2022-062), p.1-23
1. Verfasser:	Durkin, Thomas A
Format:	Text Resource
Sprache:	eng
Online-Zugang:	Volltext
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