Karmajuro 1 Posted April 15, 2023 What are the options for consolidating medical debt, such as personal loans, medical credit cards, or medical debt consolidation programs, and what are the eligibility requirements and costs involved? Quote Share this post Link to post Share on other sites
slizzzzy 1 Posted April 17, 2023 I wonder how collectors can force debtors to pay money? I'm wondering what you think of such a collection company as written here - po box 2856 chesapeake va. Perhaps you have come across the fact that this company is calling you and demanding money? If they sue you, they'll hope you don't show up and then the court will decide you're wrong, so don't ignore that. Quote Share this post Link to post Share on other sites
ZukeRNukeR 0 Posted May 24, 2023 Hello, When it comes to consolidating medical debt, there are several options available. Personal loans from banks or online lenders, medical credit cards, and specialized medical debt consolidation programs are commonly used methods. For personal loans, eligibility requirements typically involve a good credit score, stable income, and a low debt-to-income ratio. The costs involved include interest rates, origination fees, and any prepayment penalties. Medical credit cards are specifically designed for healthcare expenses. They may offer promotional periods with no interest, but be cautious of high interest rates if not paid off within the promotional period. Medical debt consolidation programs are offered by certain organizations that negotiate with healthcare providers to lower the debt amount. Eligibility requirements and costs vary depending on the program. It's important to carefully assess the terms, interest rates, fees, and eligibility criteria for each option before making a decision. Additionally, seeking guidance from a financial advisor or credit counseling agency can help you navigate the process and choose the best solution for your specific situation. Quote Share this post Link to post Share on other sites