07-07-2009 08:05 AM
I am contemplating applying for Care Credit...I found out today I need a root canal (plus a crown), and this is in addition to the two other crowns and wisdom teeth surgery I already have planned. (Apparently I sleep with sugar in my mouth or something!) I don't want to load this up on other credit cards, since it will probably take me about 6 months to a year to pay the total off.
I'm just wondering if having a Care Credit account looks bad on your reports? Or is it about akin to having a store credit card? Would it be better to apply for a small loan with Alliant?
Also, if I apply for Care Credit at home, can I ask for a larger limit than I know I'll have to use, with the hope of keeping its UTI under 50%?
07-07-2009 08:11 AM - edited 07-07-2009 08:12 AM
I've had my card for about 16 mos and I haven't noticed any negative effect on my score whatsoever. It's gone up because of several things, so to say it was or was not the card...can't say.
I have a thread in this card forum that's only a day old. I have several good things to say, so rather than repeat all that, read for yoursaelf, my comments & those of a couple others.
Hope this helps. Mo
07-07-2009 08:21 AM
07-07-2009 08:36 AM
The way they do it is...for example
jan 1...go to the doc...bill is $100 they give you until May 1 to pay the 100 (before charging int from jan 1 to now)
Jan 30, back to the doc, Bill is 600...you get until dec 1 to pay before int kick in.
I can't recall exactly the dates & how long the give you, but more expensive procedures give you longer times.
I had been using the e-bill & just seeing the basic bill online (how much$$...when due?) & I messed up with those dates because you have to get deeper into the bill section of the website. I opted for paper bills & the "pay by" date is right in front of you for each charge you've made. I just keep an eye on when things have to be paid & they always put your payment toward the oldest charge. No games there.
Hope that helps...Mo