Article: COMPANY TO ISSUE CREDIT CARD TO PAY UNINSURED MEDICAL BILLS.

KingThomason Credit Card Services Inc. soon will offer a credit card to consumers to pay their uninsured medical bills, T.E. "Tim" King, CEO of KingThomason Group Inc., tells CardLine today. The Visa-branded card will have a credit limit equal to the amount of the patient's medical bill. KingThomason will charge a 19.8% interest rate, King says. The company moved a step closer to issuing the card after selling $190,000 in promissory notes. MediCredit, a Long Beach, CA-based receivables consolidator, recently assigned KingThomason $8 million in ...

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