- Finance with peace of mind using Debt Protection by TruStage., Between signing a new loan and paying it off, life can be unexpected. Debt Protection can provide financial security and peace of mind by covering certain financial challenges that may arise during the term of a loan. Here are the basics about your Debt Protection options at Visions – and why it matters. , Through our partnership with TruStage, we offer Debt Protection for most of our non-business loans., That means you can request coverage for Visions loan products from auto loans to home improvement loans , from credit cards to Readi Reserve lines of credit (learn about Overdraft Protection ), from Fixed Rate Home Equity Loans to Home Equity Lines of Credit (HELOCs), and more! , Debt Protection could cancel your loan payments or loan balances, up to contract maximums in the event of disability or involuntary unemployment, either for the primary borrower or for someone who is joint on the loan as a cosigner - or both! Life coverage could even cancel the remaining balance of your loan upon the borrower(s)’ death., When applying for an eligible loan, simply select your preferred Debt Protection coverage., These elections are voluntary, won’t affect your loan approval criteria, and fit into your total monthly loan payment. You can also change or cancel your coverage at any time., Here’s the coverage you could receive with Debt Protection:, LifePlus, can address a wide range of circumstances, including terminal illness, accidental dismemberment, hospitalizations, family medical leave, and the death of a non-protected dependent., Disability, coverage can cancel loan payments when a covered disability occurs due to illness or injury., Involuntary Unemployment, coverage can provide financial relief if an unexpected, covered job loss occurs., Single, coverage provides the elected Debt Protection for the primary borrower and eligible dependents, whereas, Joint, coverage extends the coverage to a cosigner on the loan. , The choice is yours., As you think about committing to a loan or line of credit, take a moment to reflect. With an unexpected drop in income, would you be able to continue your loan payments on time and maintain your standard of living? Similarly, if something unexpected happens to you, how will your loan impact your cosigners? If you feel uncertain about either outcome, then consider Debt Protection to safeguard your…, 800.242.2120, . Debt Protection is optional and will not affect your application for credit or the terms of any credit agreement required to obtain a loan. Certain eligibility requirements, conditions, and exclusions may apply. Please contact your loan representative or refer to the contract for a full explanation of the terms. You will receive the contract before you are required to pay for Debt…
- SPECIAL BONUS OFFER: Get $200*, For a limited time, when you establish a qualifying, recurring direct deposit within 90 days of opening your first checking account at Visions, you could earn a cash bonus! *Learn more, How to set up direct deposit, To sign up for direct deposit – the automated transfer of payments from your employer directly into your Visions account – you will need to contact your employer and supply the following information: Visions’ ABA (routing) number: 221375378 Your account number, in the correct format Indicate deposit preference into your Savings or Checking, For assistance with the correct format for your account number, speak to a Visions representative at the Contact Center by calling 800.242.2120 option 4., How to change direct deposit, You can switch your existing direct deposit using ClickSWITCH, a convenient and secure online platform that lets you update your direct deposit online – all in 60 seconds or less. Learn more here . Note: Direct Deposits are generally processed and posted on business days only.
