Credit-card `protection' plans not worth it

NEW YORK - It seems as if you can't talk to the folks at your credit-card company lately without fielding an offer to enroll in ``credit card protection insurance'' or something similar.

If you say on the phone you're not interested, you're likely to continue receiving offers in the mail for this service, which is also dubbed a ``credit shield,'' ``payment protection'' or credit ``safeguard.''

Such services offer you supposed peace of mind in case you are laid off or become hospitalized or disabled and can't make your monthly payments.

Continue reading at: Credit-card `protection' plans not worth it