Consolidate medical bills with credit card bills?

Answers:1   |   LastUpdateAt:2012-08-17 12:29:31  

Question
i.miss.you
Asked at 2012-08-12 02:16:38
I have about $ 5,000 in medical expenses, I'm paying about $ 125/month without interest. Also I have about $ 6,000 in credit card bills and I'm paying about $ 200 a month , with approximately 15 % interest. Would it be wise to consolidate all my debts and get a loan of $ 11,000. I did not know whether it would be good to include medical expenses because currently there is interest in them.
Answer1RobertAnswered at 2012-08-17 12:29:31
Do not do anything with medical bills than the minimum payments. You can not do better than the 0% interest . If you can find a balance transfer option (I like the fivecentnickle.com website for suggestions) to reduce interest credit card , then move that to a lower rate and pay as much as possible to make a dent . Also, consider the increase of $ 200 by paying $ 60 a week through online payment. to deliver batches of balance faster.
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