- Log on to cunamutual.com and Select GAP/MRC New quote
- Enter loan information and select Skip loan calculations and select Save & Continue
- Enter Vin and select Search. Enter Mileage and Current Value. Select Save and Continue
- Ensure that GAP is selected and deselect MRC if no MRC is being sold. Select Save and Continue
- Enter Address, Email, Phone, Amount to Member, Loan Term in Months, Interest Rate and Loan Number and select Create Docs.
- Ensure the Loan date matches the day that the loan was funded and that the GAP effective Date is the date they are signing the document. Select Create to create the GAP Document
- On the GAP document, select Increase Your Loan payments to and enter the new payment amount from the calculations
- Save the GAP document as a PDF and send via DocuSign or print to have member sign in person.
- Once you have the signed document, Go into Cunify
- Under Member Services>Users>Calculations
- Solve for Regular payment. Add $375 to the amount of the loan and enter the new amount into New Funds
- Enter the number of payments - can be found under Member Services>Accounts>Project Payoff
- Enter the interest rate, loan effective date, first payment date and select Calculate
- Go into the members account and click the loan in the balance screen.
- Change the Credit limit amount to the loan amount plus $375 and click Save
- Go to the transaction screen and transfer $375 from the loan to the GAP GL (80100180)
- Under From in the Reason field, enter: GAP. Under To in the Reason field, enter: GAP, last name, first name, member number
- Select OK and Post the transaction
- After the transaction has been posted, go back to the balance screen and select the loan. Change the Credit Limit back to .01.
Go back into Cuna Mutual and issue the GAP Insurance