What Is a Medical Loan?
Medical loans as good as like personal loans , that can be taken out to finance any kind of medical procedures, medical debt reconciliations, surgical procedures, out of network charges or other medically related costs that are not covered by your health insurance.
What Are the Advantages of a Medical Loan?
Taking a medical loan that allows you to manage your health care costs on a payment schedule can be a major step in helping you pay for medical needs and avoid the stress of worrying about collections or struggling to pay off procedures in one shot.
Advantages of Taking Out a Medical Loan:
Patients / Person may be able to get the funds for your medical treatment or procedures much faster than if you waited for insurance companies to decide whether something is covered or not. India Most of the companies not covered IVF treatment & for those who are have funding issues or having problem in paying amount in single shoot, for them Medical Loans is the best Option.
Unsecured medical loans do not necessarily require you to have collateral
A medical loan may not impact the credit utilization ratio on your credit report.
Medical loans may in some circumstances offer you better finance options and rates than financing through the medical service provider.
Note: We Don’t' Offer / Guarantee of any Loan to any patient, this will be done by 3rd party companies.