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Credit Insurance Packing (and other product packing) This is the practice of having you pay for services, such as credit Insurance, that you might not really want or need. The lender generally waits until the very end to tell you that you need this and that if you don't they can't lend you the money, it will be at a higher rate or it will take a while for the papers to be redone. |
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A lot of the information on this site was taken from the FTC. Some of it copied directly. If you want, call them at 1-877-FTC-HELP |