Medical Emergency? Get Medical Loans for Bad Credit or No Credit
Finding medical loans for bad credit can be tough — especially when you are focused on more important things, like recovery. For those who struggle with the difficulties of accessing loans for medical bills with bad credit or no credit, there are options available to you for medical financial assistance, regardless of your credit score.
Below, find out about some fast loans for medical emergencies that can help when time and credit is not on your side.
The Best Medical Loans For Bad Credit
1. Personal Medical Financing For Surgeries And Emergencies
The first type of medical loans for bad credit is a personal loan meant for surgery and other emergency purposes. This is an unsecured finance system that gives you anywhere from $2,000 to $35,000 to pay off your medical bills immediately.
Medical financing like this typically come with flexible repayment terms and no yearly fees. Of course, each loan provider is different, so you need to check with your chosen lender at the time.
You can apply for these fast loans for medical bills online and pick the terms that fit your budget and lifestyle. If you are approved for a medical loan, you can use the money you are given to address your emergency right away.
2. Medical Credit Cards
Many healthcare providers take payment plans, but if that isn't the case, they will usually accept medical credit cards. However, it's worth noting that they can usually only be used for specific surgical or medical procedures.
Depending on the credit card issuer, you will receive a period of zero interest. Generally, this will be around 6 to 12 months. If you want to be super safe, it's best to calculate whether you can afford to repay the loan in full before this interest-free time is finished.
If you can't repay it within that period, make sure you understand the costs involved before beginning. This way, you can determine whether this type of medical loans for bad credit will work for you. Not every option for medical financial assistance makes sense for everybody.
3. Medical Bill Advocate
For those of you who have been in the hospital a long time or are facing an intensive surgical procedure, your medical debt will be huge.
In these situations, you are much better off hiring a medical bill advocate to negotiate the bills on your behalf.
These individuals are experts in this field. They know how to read the invoices and are familiar with the current costs for different procedures. They can quickly spot whether your provider is overcharging you or if any errors are present. If there are, they will combat your case and reduce the amount you owe.
If you want to go down this road, the group known as Medical Billing Advocates of America can connect you with the right person.
4. Income-Driven Hardship Plan
You will be eligible for this type of medical financial aid if you have high bills and a low income. This allows you to break the total cost into smaller regular payments. Typically, you will be expected to make one payment every month, but this can vary depending on the provider.
It is worth talking to your healthcare provider to see whether you qualify before opting for this type of financial aid. At times, you must apply for this aid before you need to repay your medical bills.
5. Title Loans For Medical Bills
Title loans are often referred to as bad credit loans that can give you money in as little as half an hour to pay for your medical emergency. These bad credit medical loans are an option for those struggling with bad credit or no credit and cannot use a more traditional lending method. And if you’re looking for urgent cash in Louisiana, then Cash Cow may be just what you need. With us, you can borrow anywhere from $300 to $1,400 depending on the value of your vehicle.
How Do Title Loans Work?
Car title loans are collateral-based loans that are secured by your vehicle title. If you own your vehicle outright, without any judgments or liens against it, you can use it to borrow the money you need from lenders like us to address your financial emergency.
Contrary to popular belief, you can still use your vehicle while you are repaying your title loans. The best part is that we accept good, bad, and even non-existent credit! But, if you do have any concerns, don't be afraid to get in touch. We'll be happy to answer any questions you have.
If you decide that our title loans in Louisiana are right for you, follow these steps to begin the process right from home:
- Go to the Main Page of our website.
- Either find the phone number for your closest storefront or complete our online request form. The form will send your information straight to your chosen location.
- Answer the phone when one of our friendly store representatives calls you. They will confirm the information you provided, explain the process, and answer any questions you may have.
- Head to your nearest Cash Cow location with the required items for approval, such as your vehicle, lien-free title to your vehicle (in your name), and a valid driver's license or another form of state-issued photo identification.
- Wait while one of our loan specialists inspects your vehicle and examines your paperwork. This allows them to determine your loan amount and the feasible repayment period.
- If approved, and agree to the loan terms and rates, complete the simple paperwork with the help of the loan representative.
- Receive your cash on the same day and leave with your vehicle!
Get Medical Financial Assistance Today With A Title Loan!
Among other types of emergency loans for medical bills, auto title loans are probably the most accessible ones, as nearly anyone 18 or older who owns a vehicle can qualify. Depending on the value of your car, which is determined by a quick vehicle inspection, you can get a loan for up to $1,400 for your urgent medical needs no matter whether your credit scores are good, bad, or non-existent.
So, if you feel that now is the right time to apply for medical loans for bad credit, use the easy online form to contact one of our loan representatives and get cash for title with Cash Cow. We can help take the financial pressure off your shoulders as soon as today with our fast cash services!
Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.