- Gold Member
- Posts: 43
- Joined: Thu Jun 20, 2013 10:20 pm
- Location: CA
It's a credit card for healthcare related expenses. It's a good program, but BE CAREFUL! This card gives you interest free financing if you make regular payments AND you pay off the entire procedure within a set amount of time (6 to 18 months, I believe).
If you miss a payment (even by a day) or if you don't pay it off within the specified time period, GE will send a mob with pitchforks and torches to collect your first born child. They'll slap on huge late fees and the interest charges will start rolling in like an avalanche. They are not understanding and not forgiving. My boyfriend had this card. He missed a payment. The charges can get out of control, real quick.
I'm sorry to hear your doggy. IMHO, you're better off applying for a rewards card with a 0% interest offer. You can charge the procedure, get the same interest free benefit that Care Credit gives, and collect any rewards the card has to offer. If you're willing to take a hard pull for Care Credit for 0% financing, you might as well go for the rewards card.