Cash advances may seem like a quick financial solution when an individual needs immediate access to money. They allow borrowers to access cash from a credit card, personal loan or payday lender, often without extensive paperwork or long approval times. However, what...
Month: October 2024
The No Surprises Act can prevent some medical debt, but not all
Medical debt remains a leading cause of personal bankruptcy in this country. One catastrophic injury or prolonged illness can leave an individual or family owing hundreds of thousands of dollars in medical bills. What people don’t often realize is that many of the...
Medical debt can inspire financial headaches, including lawsuits
People end up with high levels of medical debt for a variety of reasons. In some cases, the issue is a lack of insurance. Other times, people have insurance but require uncovered care, such as treatment at an out-of-network hospital. High coinsurance rates and large...
