Medical debt can be expensive, and credit cards can be a way for someone to avoid going into bankruptcy over the costs. But a new report from the Biden administration indicates that these credit cards can come at a high cost.
Medical debt can be expensive, and credit cards can be a way for someone to avoid going into bankruptcy over the costs. But a new report from the Biden administration indicates that these credit cards can come at a high cost.
"Our research suggests that many patients — specifically those who are unable to pay off a deferred interest product during the promotional period — can pay significantly more than they would otherwise pay," the report says.
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