Credit Protection Insurance: Another Consumer Rip-Off
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There are a large number of people who are duped by the credit protection insurance, which is an excellent example of a consumer rip-off. With identity theft, swift artists use telemarketing boiler rooms to call people to frighten them into selling valueless credit protection insurance products. According to some experts, they easily convince the consumers by saying that you are at risk if anyone stole your credit card and begin to make fake purchases in your name. Actually, at that time they want to know about the personal information over the phone under identity theft ring. Sometimes, they also claim to provide you medical cover through their insurance.
