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Credit Card, Please

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Manage episode 366148008 series 2455721
Content provided by An Arm and a Leg, An Arm, and A Leg. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by An Arm and a Leg, An Arm, and A Leg or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

A listener’s doctor wanted her credit card info up front — before her appointment. She wondered: Do I need to give it to them? We did too.


After all, who wants the risk of being overcharged — and then having to fight for money back?


Experts gave us their best advice, including a couple of tricks to try, and a legal protection you may be able to rely on.


Meanwhile, Elisabeth Rosenthal, senior contributing editor at KFF Health News, filled us in on the rapid growth of medical debt as a financial product, including specialized credit cards and financing plans pushed by hospitals and other providers.


They can come with steep interest rates, and (surprise, surprise) the terms aren’t always spelled out clearly.


The federal Consumer Financial Protection Bureau has been issuing reports, including a handy FAQ, but hasn’t taken enforcement action in a decade.


Here’s a transcript of this episode.


Send your stories and questions. Or call 724 ARM-N-LEG.


And of course we’d love for you to support this show.


See omnystudio.com/listener for privacy information.

  continue reading

153 episodes

Artwork

Credit Card, Please

An Arm and a Leg

296 subscribers

published

iconShare
 
Manage episode 366148008 series 2455721
Content provided by An Arm and a Leg, An Arm, and A Leg. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by An Arm and a Leg, An Arm, and A Leg or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

A listener’s doctor wanted her credit card info up front — before her appointment. She wondered: Do I need to give it to them? We did too.


After all, who wants the risk of being overcharged — and then having to fight for money back?


Experts gave us their best advice, including a couple of tricks to try, and a legal protection you may be able to rely on.


Meanwhile, Elisabeth Rosenthal, senior contributing editor at KFF Health News, filled us in on the rapid growth of medical debt as a financial product, including specialized credit cards and financing plans pushed by hospitals and other providers.


They can come with steep interest rates, and (surprise, surprise) the terms aren’t always spelled out clearly.


The federal Consumer Financial Protection Bureau has been issuing reports, including a handy FAQ, but hasn’t taken enforcement action in a decade.


Here’s a transcript of this episode.


Send your stories and questions. Or call 724 ARM-N-LEG.


And of course we’d love for you to support this show.


See omnystudio.com/listener for privacy information.

  continue reading

153 episodes

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