As credit card balances hit a record high, medical bills can become ‘shadow debt,’ expert says
Summary
Consumers are increasingly shifting medical expenses onto credit cards and other borrowing methods. This trend creates a hidden layer of financial obligations that makes personal debt significantly more difficult to monitor and manage.
Medical bills can move onto credit cards and other borrowing, making the debt harder to track. Here's what consumers can check before financing care.
Source: Read the full story at US Top News and Analysis
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