I signed up for a card but never had to use it bH so I hope I’m giving the correct info.
Basically you apply for the credit and based on what you need and your credit they issue you a card with a limit (bad credit so my limit was $2700 even though I asked for more). You pay nothing at this point.
When you use the card to pay a provider, you set up (with the cc co or the provider I’m not sure) a payment plan that breaks down the total into 1 or a few years to pay it back. You then make the monthly payments to care credit to pay back the amount you agreed on per month
I signed up for a card but never had to use it bH so I hope I’m giving the correct info.
Basically you apply for the credit and based on what you need and your credit they issue you a card with a limit (bad credit so my limit was $2700 even though I asked for more). You pay nothing at this point.
When you use the card to pay a provider, you set up (with the cc co or the provider I’m not sure) a payment plan that breaks down the total into 1 or a few years to pay it back. You then make the monthly payments to care credit to pay back the amount you agreed on per month
I don’t know so I googled your question and it sounds like if you pay it back as agreed upon there is no interest but if you don’t finish paying back in the time agreed on they charge a huge amount of interest on the entire loan
I've had mine forever. it's for medical and dental expenses over a certain amount. they give you a certain amount of time to repay without penalty. just make sure you do that - the minimum amount on the bill won't be enough. do the calculations yourself to make sure
