{"id":1763,"date":"2008-07-29T11:48:28","date_gmt":"2008-07-29T11:48:28","guid":{"rendered":"http:\/\/localhost:8888\/wordpress\/beware_medical_credit_cards\/"},"modified":"2024-12-17T16:06:09","modified_gmt":"2024-12-17T21:06:09","slug":"beware-medical-credit-cards","status":"publish","type":"post","link":"https:\/\/www.finchmccranie.com\/blog\/beware-medical-credit-cards\/","title":{"rendered":"Beware Medical Credit Cards"},"content":{"rendered":"

Many doctors and dentists are marketing medical credit cards to their patients. Doctors like the cards because they get paid immediately from the credit card companies rather than spending time collecting medical bills. Doctors and other health care providers are pushing the cards even in cases where the patient needs emergency care and may not be in a position to refuse the card or to intelligently make a proper financial decision.<\/p>\n

Consumer lawyers report they are seeing a growing number of cases where patients say they did not realize they had signed up for a credit card, nor did they understand its terms and conditions. Some of these cards carry interest rates of up to 27 percent. Like other credit cards, medical credit cards often have low or zero interest for an introductory period.<\/p>\n

In most cases, consumer protection laws like the Truth in Lending Act would only apply to the credit card companies. However, these cards could lead to claims against the doctors under some state laws.<\/p>\n

Continue reading<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"

Many doctors and dentists are marketing medical credit cards to their patients. Doctors like the cards because they get paid immediately from the credit card companies rather than spending time collecting medical bills. Doctors and other health care providers are pushing the cards even in cases where the patient needs emergency care and may not […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40],"tags":[44],"class_list":["post-1763","post","type-post","status-publish","format-standard","hentry","category-personal-injury-wrongful-death","tag-personal-injury"],"yoast_head":"\nBeware Medical Credit Cards — Trial Attorney Blog — July 29, 2008<\/title>\n<meta name=\"description\" content=\"Many doctors and dentists are marketing medical credit cards to their patients. 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