
Debt: The Unexpected Toll of Cancer Many people are trying to figure out how to pay off their Christmas credit card debt. But cancer patients and their families can’t plan to pay off their debt with debt a tax return. A study of 9.5 million newly diagnosed cancer patients from 2000–2012 found that 42.4% had depleted their entire life’s assets after two years. The odds were worse for patients with more aggressive cancer, cancer requiring continued treatment, as well as other demographic and socioeconomic factors.[1] Medical Expenses There are many reasons why a cancer diagnosis is one of the worst things that can happen to your finances. Topping the list are costly medical expenses. 62% of cancer patients report being in debt due to their Read more…