LeaseCompare.com Protects Consumers with its Guaranteed Car Payment Program

Program protects consumers who finance or lease new and used vehicles through LeaseCompare.com and become unemployed.

Cincinnati, OH - April 22, 2009. LeaseCompare.com, a leader in online direct-to-consumer auto leasing and financing, today announced a program to help protect consumers with car payments who lose their jobs.

LeaseCompare.com's Guaranteed Payment Program is the first of its kind that covers any new or used vehicle model, from any dealer or private party. Customers are automatically enrolled in the program at no additional cost when they finance, lease or refinance a vehicle through LeaseCompare.com.

The program pays a customer's monthly car payment up to $600 per month for 12 months of coverage. Payments are made directly to the lien holder.

"Consumers who are unsure about their current employment situation are hesitant about buying a new or used car," says Tarry Shebesta, President of LeaseCompare.com. "Our Guaranteed Payment Program gives them peace of mind knowing they'll still have their vehicle should they lose their income."

"Programs like these can help spark auto sales and the economy by giving consumers confidence in buying a new or used car," Shebesta added. "For many, owning a reliable vehicle is critical to earning a living at all."

Details of the Lease Compare.com Guaranteed Payment Program can be found here

About LeaseCompare.com
LeaseCompare.com is a leading provider of direct-to-consumer auto leasing and financing. Using proprietary software, LeaseCompare.com enables consumers to instantly evaluate new and used vehicle leasing vs financing offers from a number of banks, credit unions and independent leasing companies. Customers can lock in the lease or loan offer they like and apply for credit online.