3 ms·
Your entire post is really rather uncharitable and judgmental towards these people but, anyway: > Why are they putting medical debt on credit cards? Doesn't s
by tomjakubowski 4y ago
Your entire post is really rather uncharitable and judgmental towards these people but, anyway:
> Why are they putting medical debt on credit cards?
Doesn't say they did - reads to me like they built up debt on the credit card with regular living expenses while servicing the medical debt.
- willcipriano 4y agoMedical debt is very low recourse. If you don't pay your electric bill they shut the power off, they won't unamputate your leg if you fail to pay. If you don't have substantial assets, taking the credit hit is the better choice. I can't envision a situation where it makes sense to trade low recourse medical debt for high recourse credit card debt.