Ponderous Flow

Understanding Medical Loan Interest Rates Medical loans often come with high interest rates due to the unsecured nature of the debt and perceived risk by lenders. According to a 2023 Consumer Financial Protection Bureau report, average APRs for medical loans range from 6% to 36%, depending on creditworthiness. Key [...] Read more

Understanding Medical Debt in America Medical debt affects 1 in 5 U.S. households, with unexpected bills often leading to financial crisis. Unlike other debt types, healthcare costs frequently involve: - Surprise out-of-network charges - Complex billing codes - Insurance coverage gaps Why Medical Bills Are Negotiable [...] Read more