Tag: medical credit

Activity, Capital and Risk, Credit, Retail Banking

Synchrony, Wells Fargo, Bread Financial lead medical credit card market: CFPB

May 8, 2023

Via: Payments Dive

Though the mean annual percentage rate for general-purpose credit cards is about 16%, medical credit cards typically charge an APR of 26.99%, according to the report. Consumers can use the medical credit cards and financing plans to cover bills ranging […]