Tips To Reduce Your Medical Debt

Aug 5, 2021
Money Saving Tips

We all know what it's like to have a medical emergency. The last thing you want to worry about on top of that is how you are going to pay for your treatment. And yet, many people in America today are facing this agonizing dilemma. Medical debt is one of the most common causes of bankruptcy. Here are some ways to reduce medical debt before it becomes a more serious burden on your family's finances.


Ask for Discounts on Medical Bills

It doesn't hurt to ask if you can get a better deal on your medical debt. Healthcare providers have different payment arrangements with each insurance carrier. That means that you may qualify for a reduced fee if you are able to work out an agreement with the clinic or hospital for which you are being treated. For example, if your insurance company is not paying the clinic at the full rate, it may be able to negotiate additional discounts in order to avoid default on its payment obligations.


Even if you are not able to work out a payment arrangement, you may still qualify for a discount on your bills. If the doctor or healthcare provider is willing to be lenient for you, they might even waive any late fees or other penalties that they are required to charge. While you may not get the full amount of your bill, it can still give you an advantage when negotiating medical bills with creditors in the future.


Offer to Pay in Cash

If you don't have insurance coverage for your medical expenses, another option is to ask your doctor if he or she will accept payment in cash. In some cases, the providers may offer a discount on treatment if they can be paid at the time of service. That way, you avoid paying interest charges and late payments when your debts do not get settled on time. You can even set up a payment plan with the healthcare provider to help you pay off your debt.


Look for Any Billing Errors on Itemized Bills

Many medical providers may try to charge you more than the negotiated amount on a bill. If you notice that your doctor or hospital is charging you more than what is shown on the itemized summary or bill, it might be a mistake. This could mean that your bill was mixed up at the billing department. You still have time to let your provider know about these mistakes by contacting them immediately.


Don't Pay for Medical Bills on Your Credit Card

If you don't have the cash, it's not a good idea to use credit just to pay off medical bills. You are only making the problem worse by having to pay interest on top of your medical debt and additional fees that can arise from late payments. If you don't have the cash to pay your bill, get in touch with your provider and let them know that you need more time to make a payment.


Work With a Non-Profit Advocate

Non-profit advocate organizations may be available in your area. These organizations are made up of people who have dealt with medical debt in the past, and they give out free advice and tips for how you can reduce medical debt. It's worth looking into these non-profit organizations if you can find one near you.


Need Cash for Medical Debt? Consider A Car Title Loan

It's understandable that collection calls can be upsetting, especially since you already have enough on your mind when dealing with a medical emergency. By following some of these tips, you can reduce your medical debt and avoid getting these collection calls. 


If you need money in the short term, consider a car title loan from Rapid Auto Loans. With our easy and flexible loan repayment options and no credit checks, we can get you money when you need it the most. Get instant phone approval by calling 954-960-7097 today! Want added convenience? You can also apply for your car title loan online and one of our friendly representatives will be with you shortly!​​​​​​


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Title loans can be a saving grace when money is tight. Not only do they provide instant cash without lengthy processing periods, but there is no need to provide a credit score. Getting a Florida title loan is just as easy, especially when using a convenient provider like Rapid Auto Loans.

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personal loan can be a lifesaver for those unexpected emergencies in life. Whether it's the washer that's packed up, or some unplanned medical expenses, unwanted expenses have a way of piling up at the worst times. Sometimes we just need that bit of extra help. But how do you qualify for a personal loan when you have bad credit? Here’s some news you may rather enjoy: You are not your credit score, and it is possible to get a personal loan with bad credit.

Is Rapid Auto Loans Better Than TitleMax For Car Title Loans?

Car title loans offer quick cash to anyone facing a financial hardship who needs emergency money. These loans use the value of your vehicle as collateral. Ultimately, car title loans help keep our customers out of foreclosure, from their utilities being shut off, and out of collections. At Rapid Auto Loans, our goal is to help our customers get the cash they need quickly.

Rapid Auto Loans is a consumer finance company licensed under Florida 516. The term title loan is used for marketing purposes only.
All loans have a repayment period of 12 months and there is no minimum prepayment penalty. Interest Rates are determined and approved by the State of Florida based on the borrowed amount and the maximum APR (which includes interest rate plus fees and other costs for a year) is 30%. You pay interest only for the time your loan is outstanding. Below is a representative example of the total cost of the loan, including all applicable fees:



Government Fee


Credit investigative Fee


Documentary Stamp Tax


Total amount Financed


Original Loan Date




Monthly Payment (x12)

Rapid Auto uses “Auto Title Loans” for advertisement purposes only and provides auto equity loans. The lenders are licensed under the “Florida Consumer Finance Act” under Florida Statute 516 and as such lenders loans is exempt from any licensing requirements under the “Florida Title Loan Act” to the extent that any of lenders activities involve the making of a loan of money to a consumer secured by bailment of a certificate of title to a motor vehicle.