Medical Emergency? Get Medical Loans for Bad Credit or No Credit

May 4, 2021 | Louis Tully

medical loans for bad credit

Finding medical loans for bad credit can be tough — especially when you have much bigger things to worry about. Below, you can find the best financial aids for when time is not on your side.

The Best Medical Loans for Bad Credit

1. Personal 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.

These financial aids 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 loans online and pick the terms that fit your budget and lifestyle. After you have been approved, you will receive the money on the next business day.

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 

financial aid 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

Asian female driver with title cash

Title loans are financial aids that can give you money in as little as half an hour to pay for your medical emergency. And if you’re looking for urgent cash in Louisiana, then Cash Cow Louisiana, Inc. is just what you need. With us, you can borrow anywhere from $300 to $1,400 depending on the value of your vehicle.

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 iron out any worries.

Once you decide that our title loans in Louisiana are right for you, follow these steps to acquire one:

  1. Go to the Main Page of our website.
  2. 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.
  3. 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.
  4. Head to your nearest Cash Cow Louisiana location with your vehicle, lien-free title to your vehicle, and driver's license or another form of state-issued photo identification.
  5. 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.
  6. Complete the simple paperwork with the help of the loan representative.
  7. Receive your cash on the same day and leave with your vehicle!

Apply for Your Title Loan Today!

Among other types of medical loans for bad credit, title loans are probably the most accessible ones, as nearly anyone aged 18 or older and owning a vehicle can qualify. Besides, you can get up to $1,400 for your urgent medical needs no matter whether your credit is good, bad, or non-existent.

So, if you feel that now is the right time for you to resort to medical loans for bad credit, then don’t wait and get cash for title today with Cash Cow Louisiana, Inc. We can't wait to help take the financial pressure off your shoulders!