Should i take out a loan to pay medical bills?

“According to Howard Dvorkin, chairman at Debt.com, these loans can be a good option if you’re facing potential collections attempts. “If you have good credit but a lot of medical debt, consider a debt consolidation loan,” Dvorkin said. “It’s better than letting your bills linger in collections, it allows you to pay off your bills in a lump sum, and it helps you avoid the hassle of setting up a repayment plan.”