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  1. #1
    unpakwon is offline Senior Member
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    Default buy credit protection

    Please set me clear on the following in bold.

    Numerous customers say the company offered them a guaranteed savings rate yet were never told what interest rate they would be charged; others were marketed a credit card with a promise of no annual fee but forced them to buy credit protection.

    In the above, What does "buy credit protection" mean? I can translate it literally, but I don't understand the system. And who or what is the subject of "forced"?

    Thank you.

  2. #2
    unpakwon is offline Senior Member
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    Default Re: buy credit protection

    Now I get it.

    Thank you for the explanation.

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