Answer:
Can credit life be added? Yes, under federal law. Some states do not allow you to finance credit insurance, so be sure to check with your state laws on this topic.
First published on BankersOnline.com 3/14/11
Credit Life on Consumer Loan
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Question:
Can credit life be added back to a consumer loan, if loan is maturing and the loan is being extended, whether it is secured by Real Estate or Non Real Estate? It will be added to balance.
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