Thursday, November 10, 2011
I have a couple of large medical bills that I can't afford to pay at once. Would small installments work?
you need to compile a list of all medical bills/all of your sources of income/ all of your regular expenses. then after all that is compiled, speak (via appt.) with the financial individual at each location to discuss a payment plan that you can definitely adhere to(they are good at working things out and may also reduce some of your bills. i have a hosp. bill that is from 2001 from a major heart attack(and am retired so s.s. is all there is) don't set your payments too high so you never have a little for yourself as they will go on forever just to get their full amt. ( the real key here is there is no..i repeat NO finance charge on their totals. recognize that each bill has a seperate source and some will work more with you than others. to make your absolute best shot be prepared with your income and outgo. (noone ever told me what i've come to find out. if you avoid contacting them quickly to make arrangements, the bill will go to an outside source (finance co. and then you'll be totally paying your bill plus additional finance charges..trust me you don't want that as they really don't negotiate at all at that point..and the finance charges are enormous and keep building up...the original debt holder does nothing once the bill is sold off to a outside co. best of luck..hope this helps.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment