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Peer to Peer Lending for Medical Bills

social-lendingI recently signed up for a loan through a social lending program. My medical bills have been out of control this year. Although I do have health insurance, I’ve still had to pay a lot of money out of pocket for medications, doctor visits and hospital stays. I didn’t want to get a traditional loan to pay these bills because the interest rates that I qualify for are all so high. I decided to look into the peer-to-peer lending programs that exist. It turns out that this is a great way to get a low-interest loan to assist me with paying my medical bills.

Of course, this isn’t a long term solution to my ongoing medical costs. I also have to look into ways to reduce the cost of my medical bills altogether. I know that there’s a medical insurance Florida program called Florida Medigap which is a type of insurance that covers the extra cost of your medical bills which aren’t covered by your primary Florida insurance. I wonder if there is some type of supplemental health insurance like that available here. I’ll have to look into it but for now at least it’s nice to know that the bills are being covered by my low interest loan.

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