What is a credit protection plan?
Every month I'm charged for credit protection plan for my credit card. What does it cover? Is it worth it?
Public Comments
- It only covers your minimum payments in case if you are disabled or handicapped for a few months. No, it is not worth it at all.
- Call the credit card company and tell them you don't want it. It's way to expensive for what you get. It covers the payments in case you are injured or something and can't make them but assuming you are working, you probably have some sort of disability coverage anyway.
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