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Our Lender Development Program can help your credit union. Learn more.

Lender Development Program
 

1 in 3 unemployed Americans were jobless in 2014 for 27 weeks or longer.

Debt protection can help your members by canceling all or part of their debt if an unexpected event happens in their life. Learn more about how debt protection can help you and your members more ways and keep America strong.

Support your credit insurance program with Lender Development Program®resources that include online reports, live and on-demand training, discussion boards, job aids and more.

Find valuable product information, educational opportunities and compliant member-facing marketing materials here.

 

What’s in it for you?

  • Business-building benefits. Requires no insurance licensing; safeguards your loan portfolio by helping prevent loan defaults; generates member-friendly non-interest income; allows you to select the appropriate features, benefits and pricing to meet members' needs
  • Comprehensive support. Quick and collaborative implementation; product education and training; online claims submission and inquiry; $1 million indemnification protection; compliance expertise; regulatory advocacy and more
  • Offer members flexible program parameters. Election can occur any time during the loan; no need to ask health questions (although these are available); Acts of War coverage included on loss of life and disability packages; protection on loans with terms of more than 120 months; no eligibility age limits versus 66 on competitive products; 25-hour workweek minimum for eligibility versus some competitors' 30-hour requirement
  • Greater efficiency. LOANLINER® Document Solutions and loanliner.com® lending technologies can incorporate the debt protection sale into the loan application for a seamless member experience; Lender Development Program® approaches bring consistency to product offerings in each lending interaction

Don't Just Hear It From Us


With Debt Protection Jerilyn Can Focus on Healing

After a car accident, Jerilyn needed surgery and was off from work for three months. Money was tight—after paying monthly living expenses, Jerilyn didn’t have enough to make her car loan payments. Fortunately, she had Debt Protection on her vehicle loans. “That made a huge difference in how those months were handled.” With the help of Debt Protection, Jerilyn could concentrate on healing. “It’s really about getting strong and healthy again, so I can get back to a normal life and do the things that I want to do.”
 
Jerilyn Owen
Community First Credit Union in Mishicot, WI

Debt Protection Was Helen’s Salvation

Helen was responsible. She had a great job and was working hard to protect her financial future, but all of that changed when she suffered a stroke and lost her job. Thankfully, Helen protected her auto loans with debt protection through her credit union and CUNA Mutual Group. “Debt protection was my safety net. If I didn’t have that debt protection, then I’d have to decide…what’s more important—a car to find a job, or a place to live? It [debt protection] was a salvation at a time when I needed it.”
 
Helen Agnew
CU Community Credit Union

 

1U.S. Bureau of Labor Statistics, “Spotlight on Statistics,” June 2015. CUNA Mutual Group is the marketing name for CUNA Mutual Holding Company, a mutual insurance holding company, its subsidiaries and affiliates.

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