Payment Protection
Things happen. Safeguard your borrowers and loan portfolio.
An "old favorite" with even more possibilities.
Why Frost Payment Protection?
Program Choice
Whether debt cancellation or credit insurance, you've covered.
Menu-selling Platform
VisualGAP makes it easy for your FSRs, plus enjoy simple integration with most LOS platforms.
Profits & Loan Quality
Easy offering means greater penetration and reduced delinquencies.
Borrower Benefits
Death, disability, involuntary unemployment. These unexpected life events can negatively impact your borrower’s, and their family’s, financial standing. Payment protection products provide peace-of-mind by paying off their loan or providing income for a specified period to help get back on stable financial footing.
No borrower wants to pass down a debt to their family. Help them by offering Payment Protection.
Institution Benefits
Debt Cancellation or Insurance
Frost offers your institution a choice of traditional credit insurance or debt cancellation products. Learn about the advantages and disadvantages of each. Then decide which program works best for your institution.
Peace of Mind. In Two Flavors.
Fee Income
Non-interest income is important to your institution. Regardless of which program you select, Frost works closely with your team to maximize income generation.
Make Sales. Earn Dollars.
Minimize Portfolio Risk
When borrowers are faced with income loss, delinquencies and repos can increase. Payment protection reduces financial risk for your borrowers and your loan portfolio.
Keep your results in the black.
