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September 04, 2009 | | Comments 0 | Filed Under: DailyGovernmentNewsWall StreetWorld

Insuring a credit card against job loss

When you feel like your job is teetering on a cliff due to impending layoffs, thoughts of every bill you have and how you are going to pay them are at the front of your mind. In this tidal wave of numbers, buying involuntary unemployment credit card (IUCC) insurance that offers to make payments on your credit card balances while you are unemployed seems likes a great idea. But does it work out for you in the long run?

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