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Overdose of debt: lenders push risky credit for everything from cancer care to Botox.(finance services for medical procedures)

Consumer Reports

| July 01, 2008 | COPYRIGHT 2008 Consumers Union of the United States, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

When you're buying a new car or a plasma TV, you're on guard against high-pressure sales pitches and finance schemes that benefit the seller's bottom line rather than yours. But such tactics are probably the last thing you'd expect at a doctor's or dentist's office.

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Yet credit cards and finance lines that can reach exorbitant interest rates are being pitched to consumers seeking medical care, either directly or through their medical professionals.

Lenders tout this as a way for patients to cover medical needs or elective procedures. Citi Health Card offers plans at "participating providers ...

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