wnyc.org / 93.9fm / am 820

Comments

• [1] AC from NYC December 27, 2007 - 10:46AM

  I'm not in debt (thankfully) but is it better (for my debt-credit ratio) to start using a credit card I don't primarily use because my primary card is approaching it's max (due to holiday shopping)?

  
  
• [2] Seth from Astoria December 27, 2007 - 10:47AM

  I use my credit card for everything because of Reward points. But I never reallize how fast $20 or $35 here and there add up. Is it worth it to go for the rewards, or should I use cash more often? (I also pay my statement in full every month so that might make it more beneficial than if I didn't)

  
  
• [3] Steve from Brooklyn December 27, 2007 - 10:51AM

  What is my interest rate on my credit card? Is it the minimum monthly payment? I don't even know and it's not clear on my credit card statements.

  
  
• [4] Gene December 27, 2007 - 10:52AM

  The idea that hospitals want payment, as your caller says, "up front" indicates a kind of soft collusion between hospitals and credit card companies to increase consumer debt.

  Hospitals and insurance cos. would know for a fact a number of people would obtain that money through their credit cards.

  They are sort of offloading the debt to the banks, and their usurious rates.

  Seems to controvert a hospital's mission.

  
  
• [5] Gene December 27, 2007 - 10:54AM

  Hospitals demanding payment upfront, as your caller indicates, seems as if they are offloading the debt directly to the cc cos., as they know for a fact that is the only way many people can obtain that money.

  Seems to contravene a hospital's mission.