Lenders are only recovering an average 51 percent of unpaid loan balances in 2017 as compared to 65 percent for 2011 auto loans. (lendedu.com)
If you don't, your loved ones will have a reduced death benefit if you die since unpaid loan balances are deducted from death proceeds. (aigdirect.com)
(Remaining unpaid loan balance, if any, will be due and payable upon maturity of the certificate) (sfcu.org)