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Message: <blockquote data-quote="Pstmstr" data-source="post: 4074938" data-attributes="member: 51164"><p>Still depends on the balance, minimum payment required, and length of the loan. For example, a $10,000 balance paid in 12 months would be about $834 a month. You’d save $1500 by paying cash up front or almost the equivalent of 2 months in payments at 0%. As the amount gets larger and terms longer you can probably get down to earning more interest IF you have the cash to invest.  If the hospital will accept small payments over a long time then obviously the advantage increases.  With medical debt a lot of time it isn’t reported on your credit report unless the hospital talked you into getting a 0 percent loan to pay their bill.</p></blockquote><p></p>