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Medical Credit Cards
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Medical Credit Cards

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@SatisfyingHawkSEye

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Questions and Answers

Which type of companies issue medical credit cards?

  • Credit card companies
  • Consumer finance companies
  • Health care providers
  • Specialty finance companies and commercial banks (correct)

    • What happens to the interest rates on medical credit cards after the promotional period?

  • They become zero
  • They increase significantly (correct)
  • They remain the same
  • They decrease

    • Why are medical credit cards often pushed on patients with modest incomes?

  • To help patients with their financial situation
  • To guarantee health care providers get paid (correct)
  • To ensure patients receive the medical attention they need
  • To provide patients with a convenient payment option

    • What happens if the debt on a medical credit card is not paid in full?

    <p>The consumer is charged heavy penalties</p> Signup and view all the answers

    When are consumers most vulnerable to financial abuses related to medical credit cards?

    <p>When they are in pain and need medical attention</p> Signup and view all the answers

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