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The CFPB’s Concerns with Medical Debt Credit Cards

RevCycle

In fact, medical debt is the leading cause of personal bankruptcy in the country. In recent years, there has been a growing trend of medical debt credit cards being offered to patients. These cards allow patients to finance their medical bills, but they often come with high interest rates and fees.

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25 Ways You’re Killing Your Savings: STOP Making These Mistakes

Due

When a few dollars separate you from foreclosure or bankruptcy, every dollar counts. It is possible to ruin your finances without insurance if you do not have enough cash to cover a large medical bill, car accident, house fire, or theft. These funds could be used to pay off a credit card debt or pad your savings.

article thumbnail

25 Ways You’re Killing Your Savings: STOP Making These Mistakes

Due

When a few dollars separate you from foreclosure or bankruptcy, every dollar counts. It is possible to ruin your finances without insurance if you do not have enough cash to cover a large medical bill, car accident, house fire, or theft. These funds could be used to pay off a credit card debt or pad your savings.