Explain why a borrower is often required to purchase credit life and disability insurance as a condition

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Explain why a borrower is often required to purchase credit life and disability insurance as a condition of receiving an installment loan.

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Personal Financial Planning

ISBN: 978-1111971632

13th edition

Authors: Lawrence J. Gitman, Michael D. Joehnk, Randy Billingsley

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Question Posted: Feb 13, 2015 09:32 AM

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Explain why a borrower is often required to purchase credit life and disability insurance as a condition

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Personal Financial Planning

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