So I have a large medical bill at the moment. We make just over the limit for them to put a hold on the amount and write it off.
Husband and I make too little to pay for insurance premiums every month, although he is now receiving insurance through his employer but to add me it would cost us $650.00 per month with a $3900.00 ded. This is now what I am looking at… $15,000.00 I really don’t want it to go to collections but right now I can’t afford to make 100 payments every month.
My credit cards are maxed out (husband wasn’t working for a while so my CC’s are maxed out and the interest is killing me.
I feel like I am drowning in debt (literally) and I could really use some finance advice on how to dig myself out of this. I have searched for new CC’s with a 0 interest but because of having high balances on multiple cards my credit score has now gone in the dump.
To say I am frustrated is saying it lightly.
I do make my CC payments on time but with all my CC debt I have NOTHING left over on payday to even think about paying off a hospital bill.
I am not afraid to work hard on this and I do not expect to receive anything for free. I just need a little insight to see if there is an easier way to dig myself out of this.