Credit Life Insurance, Sometimes Attached to Car Purchases, Is Overpriced
We all know that many Americans are deep in debt right now. I worry that may leave us vulnerable to bad products that we haven't thought about in a while.
One of those is called "credit life insurance."
Early in my career I put together a series of television stories entitled "Money Blunders," and credit life insurance was one of them. It's insurance that pays off your consumer debts if you die.
Credit life isn't normally sold by itself. Salespeople typically sneak it in when you... Full Story
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