Understanding Medical Credit Cards: Benefits, Risks, and Alternatives

Reported 1 day ago

Medical credit cards can assist with financing costly healthcare, but they often come with high interest rates and hidden fees, particularly deferred interest that can lead to significant costs if payments aren't made on time. Commonly associated with providers like CareCredit, these cards may not always be the best option, encouraging consumers to explore alternatives such as personal loans, traditional credit cards, and financial assistance programs from providers before applying.

Source: YAHOO

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