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Article: COMPANY TO ISSUE CREDIT CARD TO PAY UNINSURED MEDICAL BILLS.
- Article from:
- Cardline
- Article date:
- July 19, 2002
CopyrightCOPYRIGHT 2002 SourceMedia, 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)
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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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