I was given a pamphlet from my dentists office and told that Care Credit is a government sponsored program that was put in place to help people with Medical, Dental and Vision needs. Supposedly you can borrow money interest free, and as long as you pay on time your account remains interest free until the balance is paid off.
Care Credit is a bank with a credit card. They find a way to skip a payment and then charge a late fee and 26.7% interest. Well if you are poor and can't pay off the balance. then you are stuck with the high interest.
I called and has the fee and interest removed and paid off the balance. Others may not have that ability. If this has happened to you, please call the Better Business Bureau, your Congressman and Senator.
This company is committing fraud and passing out pamphlets that look like legitimate government programs. Lets collectively stop this!
Product or Service Mentioned: Carecredit Credit Card.