"Americans Embrace 'Pet Debt' for Emergency Expenses: How to Manage Costs with Direct-Pay Pet Insurance"

TL;DR Summary
A report by Consumer Affairs found that 78% of Americans would consider going into debt to cover a pet emergency. However, there are alternative ways to make pet emergencies more affordable. One option is to get a pet insurance policy, which can help cover unexpected medical expenses. Building a pet emergency fund is another proactive approach. It's also possible to negotiate a payment plan with your vet or seek financial aid for your pet's medical costs. As a last resort, using a 0% intro APR credit card can help manage debt.
Topics:business#credit-cards#emergency-fund#payment-plans#personal-finance#pet-emergencies#pet-insurance
Reading Insights
Total Reads
0
Unique Readers
0
Time Saved
8 min
vs 9 min read
Condensed
94%
1,649 → 91 words
Want the full story? Read the original article
Read on CNBC