It’s hard to miss all the news about identity theft and the damage caused to some people’s credit reports. With so much reporting about identity theft con-artists have set up elaborate scams to scare consumers into buying worthless credit protection insurance. The question is, Should anyone buy credit protection insurance, or a payment protection plan, or identity theft insurance? The answer is NO: 1. Under Federal law, there is a limit of $50 liability for unauthorized use of your credit card. Check your statements monthly or on the Internet and make sure you authorized each charge. If you notice a … Continue reading →