Caution Advised Before Paying Medical Bills By Credit Card

Thanks to universal default, in which one credit card issuer can elect to raise your interest rate if you fall behind on the payments on another credit card, consumer advocates urge extra carefulness when paying large medical bills by credit card. Instead, first try working out an extended payment plan with the care provider.

Wariness Urged in Using Credit Cards for Medical Bills [NYT] (Photo: What Rhymes With Nicole)

Want more consumer news? Visit our parent organization, Consumer Reports, for the latest on scams, recalls, and other consumer issues.