Medical bills
Credit cards are convenient and seem like a quick fix when it comes to paying for things, including medical bills. The problem is, in the long run, it might cost you much more. Sure, hospitals and medical care providers accept this payment option but unless you know all your obligations and details about interest charges, you might want to refrain from using your credit card.
“It’s definitely something people should avoid unless they’re able to pay off the full amount of the charge right away,” Lisa Zamosky, health-care expert and author of “Health Care, Insurance and You: The Savvy Consumer’s Guide”. “You want to avoid adding to the pain of medical debt by racking up interest while you work to pay off your credit card.” And before you think that Medicare will cover whatever you need, discover 7 Unexpected Things Medicare Does Not Cover.
You’ll probably want to stay in for the next one……
25 comments on “11 Purchases You Should Never Make with a Credit Card”
Great advice. Wish I’d had it before Christmas!
Actually, I did buy a car once using a credit card because it was the only way I could get a car. After the purchase, another credit card made me an offer to give me a low interest rate if I were to switch my credit card debt to that one, which I did. I didn’t use the new card to buy anything until after the car paid off.
So what can i buy with a credit card then?
I would add: any service or purchase that offers a discount for cash payment
Well i guess it is ok to purchase a call girl! lol
low blow mentioning your brother and sister in law, especially after going on and on and on about yor “financial discipline”.
“oh,” – nobody cares….
I recently bought a new mattress it was a planned purchase I picked my purchase went up removed my check book and he said oh no we don’t take money. He proceeded to set me up applying for a credit card I was approved. If I paid off no interest and at a lower sale price. My husband was furious. My credit took a hit because yes I canceled right away. But credit back I’ve destroyed the card for
So you better leave all your credit cards in the freezer – or why don’t you cut it into small pieces.
Is there anything left that can use credit card for? All this is simply not valid article. Simply know your credit card limits and ability to pay it off. If you can not pay it off. Do not but it. or Do not have a credit card in first place. Do not live above your means.
Guess u can’t use ur Credit Card for anything WOW ashy have one
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