Negotiating Hospital Bills: How to Get a Medical Debt Repayment Plan
Medical debt is a common concern across America. Even for those that are insured, massive hospital bills can always be a liability. Much of the problem lies in how much hospitals charge for their services to make up for the massive discount that is demanded by insurance companies. But when you’re suffering from a medical […]
Paying Your Medical Bills Without Health Insurance
Due in part to the COVID-19 pandemic, about 30 million U.S. residents lack health insurance. However, collections agencies, doctors, and hospitals aren’t concerned with whether you choose to have health insurance or have lost it due to circumstance; if you don’t have it, you’ll still have to pay. Medical expenses quickly become cumbersome regardless of […]
Millennial Consumer Debt Trends
Millennials use credit cards, just not at the same rate (or for the same reasons) as Gen Xers and Baby Boomers. Millennials are categorized as those born in the early 1980s to early 2000s. This is a rather large group, basically covering 18-to-35-year olds today. To stereotype the spending patterns of the generation as a […]
Baby Boomers Consumer Debt Trends
At a time when some Baby Boomers are dreaming of retiring and lounging on a beach somewhere with a piña colada, many are struggling with debt and are either forced to keep working or come up with creative ways to make money. Boomers — the generation in their 50s, 60s and 70s — are living […]
Gen X Consumer Debt Trends
Opinions vary on which generation is the most in debt, but experts tend to agree that Gen X carries the most credit card debt. Statistics reveal that the average credit card debt among Gen X is $4,000, which is about $3,300 more than Millennials and $1,100 more than Baby Boomers. The credit bureau Experian says […]