Credit Protection???

[Jesedmotherof5]

Every credit card is pushing this LIKE crazy! Wamu is .79 cents per 100.00 is it worth it? I told them I was self employeed and he read a cue card twice to me saying if I gave them a letter from a third party such as my accountant... right now I am the accountant.. he reads again the same thing!

Hummm I said no three times and he kept going... just wondering if I made the right desision... Who eles is doing them, who isnt and what is your take on it?

[Anonymous]

I look at it this way-

They might cover your min payment - 2% for most lenders-

So IF you carries a 1000 balance the Fee your be 7.90 every month

You min payment is $20 

So if you just saved the 7.90, every 3 months you would save enough for 1 months payment- 

Simple way- it's a rip-off !!!!!!!!!!!!!!!!

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Jesedmotherof5 wrote:

Every credit card is pushing this LIKE crazy! Wamu is .79 cents per 100.00 is it worth it? I told them I was self employeed and he read a cue card twice to me saying if I gave them a letter from a third party such as my accountant... right now I am the accountant.. he reads again the same thing!

Hummm I said no three times and he kept going... just wondering if I made the right desision... Who eles is doing them, who isnt and what is your take on it?

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[unknown_entity]

A Huge Scam credit protection is.  Don't buy it.

[Jesedmotherof5]

Thats what I thought thanks guys... Im glad I didnt do it!