The No Interest Deferred Payment Plan (NIDPP) is a pay-as-you-go program.
It may be available on:
- Mechanical Breakdown Protection
- Appearance Protection
- VLPP (Partial Loss Event, Total Loss Event, and Negative Equity Privileges)
- Prepaid Maintenance products
With no qualification or approval process required, all customers are pre-approved at 0% interest, making these products more affordable and easier to sell. The NIDPP is easy to propose and administer as there is no additional paperwork to complete or time-consuming lender approvals.