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Credit card payment insurance

ferry
ferry Posts: 2,017 Forumite
Part of the Furniture 500 Posts Name Dropper
I'm facing the real threat of redundancy and will be obviously struggle to meet my min payments if this happens.What is sensible practice in this case?
Is there such thing as payment protection for credit cards? I have an ASU product with my mortgage -would I be better topping that up to cover payments..?
Thanks
F.
:j

Comments

  • Saucepot
    Saucepot Posts: 12,322 Forumite
    Id read the terms and conditions of the PPI for your cards. Most insurance doesn't cover you if you already know your about to become unemployed. PPI often has a wealth of exemptions.
    I wonder why it is, that young men are always cautioned against bad girls. Anyone can handle a bad girl. It's the good girls men should be warned against.-David Niven
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