 TITLE: Can Debt Consolidation Affect Your Credit Score? CONTENT: Medical Debt Consolidation\n--------------------------\nWhile you can consolidate many different types of existing debt, it is important to first know what the interest rate is on your current loan in order to see if debt consolidation will be helpful.\nIn the case of most medical debt, consolidation might not be the answer if you are hoping to save money on interest payments. Medical debt typically has a very low interest rate, and in some cases no interest.\nBy rolling medical debt into a debt consolidation loan or by paying for it with a low-interest credit card, you would have to pay the interest on new account—which in some cases could be more than the original rate.\n> Find the best low APR credit cards in Experian CreditMatch™.\nIn 2017, the three major credit bureaus added a policy that gives consumers a 180-day grace period to resolve outstanding medical debt before it appears as past due on their credit reports. This grace period is intended to give people extra time to settle any issues with insurance or to make a payment toward their debt. END