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HomeCredit cardsMedical credit cards can be poison for your finances, study finds

Medical credit cards can be poison for your finances, study finds

Medical credit cards have proliferated in health care offices across the nation as more Americans struggle to afford treatment, even when they have insurance. Yet while these cards may seem like a good way to quickly pay for needed services, they come with some serious downsides that experts say could cost you dearly.
One major card provider, CareCredit, is offered in more than 250,000 health care provider offices, an increase of more than 40% from a decade ago, according to a recent report from the Consumer Financial Protection Bureau.
The cards may seem appealing because they offer so-called deferred interest, which comes with 0% APR interest for an introductory period. But the

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