I think I mentioned this in a blog post awhile back: I cancelled the gap insurance on our van. The loan will be paid off shortly...so why keep paying for it. I was just informed my refund will be $258.47!! I think we paid $495, so half will be returned.
It does get sent to the lender, well after the dealership receives it and sends it to them! I will be checking that account everyday, since I know that it will lower our outstanding loan balance. You know I like anything that lowers our balance!
Soon I Hope
September 20th, 2010 at 05:04 pm