Question

If you had extra money to throw at debt, would you apply it towards medical bills or credit card debt? I’m so torn! I’m trying to come up with a game plan for taxes, and I can’t decide which I want to do. tackle smaller medical bills or throw it all towards a credit card and hopefully pay it off  

Answer 1

I pay whatever affects me the most. So if my credit card payments were lessening the amount of my income per month but the medical bills weren’t I’m paying the credit cards. But if I can’t see a doctor due to the medical bills then I would pay the med bills. I care about direct impact.  

Answer 2

Credit card

Answer 3

Probably credit card due to interest. That said, I have put money towards medical if I can pay it when I get the statement so that my minimum doesn’t increase (Every time I go I owe more and I have already had to increase and extend the length of time I will be making payments twice)

Answer 4

My take is: A medical bill is a bill until it becomes past due and is sent to collections. Then it becomes a debt. Pay all bills before paying down debt.  

Answer 5

Assuming you are paying your minimum on your credit card debt, I would pay those bills. They get sent to Collections and then they're stuck on your credit report.  

Answer 6

Credit card debt. Any medical debts I’ve had, I’ve been able to call and arrange an interest free payment plan.  

Answer 7

Credit card because of interest!  

Answer 8

I’m doing credit card then medical bills. So of my smaller medical bills under $50 I am paying as I am paying credit cards.  

Answer 9

Like the others said, set up a payment plan for your medical bills, pay those amounts monthly and then tackle your credit card debt. Usually medical is interest free so you can hit the others harder.  

Answer 10

Credit cards first then medical debt.  

Answer 11

I save medical bills for last because I can get 0 percent or low interest on then.