Noam N. Levey

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Biden Administration Issues New Warning About Medical Credit Cards

Americans paid an estimated $1 billion in deferred interest on medical debt in just three years, the Consumer Financial Protection Bureau reports. The agency warns against medical credit cards, which are often pitched right in doctors’ offices.

El gobierno alerta sobre tarjetas de crédito para pagar facturas médicas

La Oficina de Protección Financiera del Consumidor estimó en su informe que, en solo tres años, de 2018 a 2020, las personas han estado pagando $1,000 millones en intereses diferidos de tarjetas de crédito médicas y otros financiamientos médicos.

Listen to ‘Tradeoffs’: Medical Debt Delivers ‘A Shocking Amount of Misery’

Medical debt in America pushes families to the edge. Ariane Buck and his wife, Samantha, were denied care at their doctor’s office because of an unpaid bill of less than $100. A trip to the emergency room added thousands of dollars to their health care debt, which topped $50,000 by the time they filed for bankruptcy.