No Interest Deferred Payment Plan (NIDPP)
There is 0% interest charged to customers who decided to finance through our NIDPP program.
Tue, 27 Oct, 2020 at 7:25 PM
No — after a contact is purchased, the payment frequency cannot be changed.
Mon, 2 Nov, 2020 at 3:42 PM
A customer's withdrawal date may be changed at the customer's request by reaching out to Customer Success. Please note changes to withdrawal dat...
Tue, 26 Oct, 2021 at 2:57 PM
Policies must be paid in full, whether inforce or expired. This means that if a customer has reached their allowable mileage or term but still have a...
Wed, 4 Nov, 2020 at 7:25 PM
Yes — even if an exception is granted to send the refund to your dealership rather than the client, you will be invoiced a dealer chargeback. For guid...
Sun, 8 Nov, 2020 at 5:56 PM
Down payments are taken instantly. As soon as the "purchase" button is clicked, the down payment has been withdrawn from the customer's b...
Mon, 2 Nov, 2020 at 7:09 PM
LGM offers two payment frequency options as part of their No Interest Deferred Payment Plan program: Bi-weekly – 21 days Monthly – 45 days
Mon, 2 Nov, 2020 at 7:04 PM
Yes, we may amend the payment withdrawal dates on policies that are set up on monthly payment frequencies. In order for this to be done, please e-mail the f...
Tue, 26 Oct, 2021 at 2:35 PM
This is not possible. In order for a client to submit a claim on an NIDPP policy, the following two conditions must be met: 1. There are no outstand...
Fri, 6 Nov, 2020 at 10:57 AM
Please note NIDPP is not applicable on the following products: Loan Protection Replacement Insurance Excess Wear & Use Protection Plan Certifie...
Wed, 1 Feb, 2023 at 11:55 AM