My original bill with Care Credit, from 2009, was $200. Several payments toward that were made and the balance never decreased.
All the payment amounts went toward interest. I stopped making payments for that reason and because of family emergencies. The rep who called to tell me that I owe $500 at this point refused to negotiate. I have no intention of paying that much.
Whether it is legal to charge that much interest is not my concern. I plan to make similar posts on any consumer complaint website I locate so that anyone considering opening an account will be cautioned.
Product or Service Mentioned: Carecredit Account.