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Posts Tagged ‘Credit Life Insurance’

Don’t Buy Credit Life Insurance With Credit Card Or Car Loan

October 9th, 2008 Neil Jesani No comments

When you’re borrowing money to buy a car or applying for a credit card, it’s likely that you’ll be asked to purchase credit life insurance. Credit life insurance pays off the balance of your loan or line of credit upon your death. But is it a good deal? For most people, the answer is no. [...]