I disagree with “knock out the medical bill”. We have med bills and pay between $10-$20 per month interest free on them. It has no effect on our credit and they give us zero grief.
Twice I have called to pay off a hospital bill and both times they offered to ‘settle’ without me even asking. The result was a reduction of anywhere from 30%-50%. I think there is a padding in the bill that they can take out if you pay in full. If you call a billing office to pay off medical expenses, ask about any discount for paying it off in full.
Dave may own medical stocks and wants his $$$ now! ;-)
“I disagree with “knock out the medical bill”. We have med bills and pay between $10-$20 per month interest free on them. It has no effect on our credit and they give us zero grief.”
Bingo. Much better advice. Also, he did not know enough about the “annuities in the market” to offer advice. Were there living benefits, and if so what are they and backed by whom?