People in Durham use their credit cards for a wide variety of reasons. Maybe you needed to make a big purchase like a new appliance or you needed to repair your car. Perhaps your income was lacking and you used it for everyday purchases. Credit card balances can grow very quickly and the thought of paying them off can be overwhelming. Here are to strategies to consider when deciding how to approach paying down your credit card debt.
Being contacted by a debt collector in North Carolina can be very upsetting. Financial problems are a major source of stress for many people and collection agencies are not always friendly. Medical debt is quite common among people in the United States and is the source of many debt collection calls. However, a new study has found that many people do not actually owe the medical debts they are being contacted about.
Dealing with unexpected medical expenses is a problem that many people in North Carolina face. Like a lot of families, you may not have enough savings or cash on hand to deal with such costs. Consequently, the bills often end up getting paid by credit card. According to NerdWallet, some companies have taken advantage of that fact and are now offering credit cards specifically for medical expenses.
No one is ever really prepared to deal with an unanticipated medical situation in Durham. When an emergency arises, your first priority is to seek treatment. Only after the dust settles may it occur to you that you may not be able to afford the bill. At Wootton & Wootton, P.C., we understand that struggling with medical expenses can be stressful and overwhelming.