ID Theft

what is payment protection on a credit card?

Public Comments

1. u mean against user or for user?
2. It's a tactic Credit Card companies use to get more money from you. But it does serve a purpose. *** If you get fired and lose a job through disability, and you unable to pay the minimun of your credit card bill, the payment protection plan will make the minimum payment from you. It's a form of insurance. However, you have to pay 89 cents for every $100 balance, which my be a small amount, but it adds up after a while. Don't do it.