Fast & Easy Personal Loans for Medical Emergencies, Planned Surgery, & Outstanding Healthcare Bills

When it comes to your health, you shouldn’t have to compromise on the care you deserve. A medical loan is an unsecured personal loan that can be a quick and simple way to get the money you need to pay down past or future bills from the hospitals and doctors you prefer.

Whether you’re facing a mountain of medical expenses from a health emergency, financing a surgery that insurance simply won’t cover, or dealing with debt from surprise charges or a high deductible, you can use an Eloan personal loan1 to finance treatment, prescriptions, procedures, and more.

Fast FundingFast FundingGet cash in your account the as fast as the next business day2
Get from $2,000 to $35,000 Get from $2,000 to $35,000 Pay down everything from pricy doctor’s visits to astronomically expensive emergency expenses
No Annual Fees. No Prepayment PenaltiesNo Annual Fees. No Prepayment PenaltiesNo hidden costs, no origination fees, and no early payment penalties
Low Interest RatesLow Interest RatesRates start at just 7.99% APR
One Easy Monthly PaymentOne Easy Monthly PaymentDon’t stress about managing multiple balances and bills
Flexible Payment TermsFlexible Payment TermsCustomize your payback period, from 24 months to 5 years.



How a Personal Loan for Medical Bills & Healthcare Expenses Works

Medical loans are unsecured personal loans that don’t require any collateral, like home equity, to qualify. Instead, eligibility is tied to factors, like a good credit score and your current debt-to-income ratio, among others.

These kinds of loans can give you maximum flexibility: you’re free to spend the money on anything from a much-desired cosmetic surgery to long-standing medical debt repayment. In fact, if you’re paying back your medical bills with your credit card, it’s important to know that medical loans often come with lower interest rates and a single balance that’s easier to manage.

It’s simple to apply for a medical loan, and if you are approved, the money will be deposited in your account in one lump sum. Then it’s just a matter of making the regular monthly payments according to the rates and terms you’ve selected.

Apply From Anywhere at Anytime

How Eloan Works

How Eloan Works - 1 How Eloan Works - 2 How Eloan Works - 3
Apply quickly and easily online

Pre-qualify in seconds3 by filling out our online application

Check your medical loan rates

Choose the terms that you fit your budget

Get funded for all your healthcare needs

You’ll receive the money in your account as fast as the next business day2

How Eloan Works - Step 1 How Eloan Works - Step 2 How Eloan Works - Step 3



How You Can Use a Medical Loan

Emergency or planned healthcare expenses not covered by insurance 
High insurance deductibles attached to healthcare expenses 
Out-of-network doctor’s visits 
Cosmetic surgery 
Plastic surgery 
Dental bills 
Medical debt consolidation 
How Eloan Works - Step 1 How Eloan Works - Step 2 How Eloan Works - Step 3
Apply quickly and easily online

Pre-qualify in seconds3 by filling out our online application

Check your medical loan rates

Choose the terms that you fit your budget

Get funded for all your healthcare needs

You’ll receive the money in your account as fast as the next business day2

How You Can Use a Medical Loan

Emergency or planned healthcare expenses not covered by insurance 
High insurance deductibles attached to healthcare expenses 
Out-of-network doctor’s visits 
Cosmetic surgery 
Plastic surgery 
Dental bills 
Medical debt consolidation 

Get started today with our easy online application!

Check Your Rates

Checking your rates will not affect your credit score.

Our Clients Are Happy!

Our Clients Are Happy!

What’s the Best Medical Loan?

 EloanDiscoverMarcusLending Club
Pre-qualify in seconds3        
Next business day funds2        
Zero Origination Fee
       
Pioneer in Online Lending (Since 1998)        

*Information as of May 2019. 

FAQs

To qualify for an Eloan medical loan, it’s important to you do need a good credit score. That’s because personal loans for medical bills are unsecured loans, which means they’re not dependent on collateral, like a house. So lenders carry more risk and therefore have stricter eligibility requirements for approval. If you think you’re credit’s not up to snuff, read our article on how to improve your credit score.
It can be incredibly simple to apply for a medical loan through  Eloan. To apply, you’ll need some of the following information:
  • Full Name
  • Address information
  • Social security number
  • Your income information
  • Your employment status

Then it’s just a matter of completing our easy online application and checking your rates and loan terms. If approved, you could have the money in your account as soon as the next business day2.
Generally speaking, medical financing is any kind of financial support that helps you cover the cost of your medical expenses. This includes personal loans, medical credit cards, home equity loans,  etc.

Some healthcare providers also offer medical financing in the form of direct payment plans, which means that you can negotiate with them to pay a smaller amount on a monthly basis rather than the entirety of the bill at once.

Each kind of medical financing comes with its own unique pros and cons, and depending on your personal financial situation, one type of financing might be more ideal than another.

Anyone with a good credit score and bills less than $35,000 can take advantage of the fixed interest rates and fast approval times that come with an Eloan medical loan.
Getting a medical loan for surgery is simple with Eloan. Start by filling out our easy online application with the following details: you full name, your address, your social security information, your income information, and your employment status.

After that, you simply check your rates and decide on the repayment term that suits your budget. This won’t affect your credit score.

Finally, if you choose to move forward, we’ll kick-off the approval process, and you could have the money in your account the very next business day.

Prequalify in minutes to get the medical loan you need!

Get access to the funds as fast as the next business day2!

Check Your Rates

Checking your rates will not affect your credit score.

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