Five Tips for Getting the Most from Your Medical Loan
As you search for the right loan to finance your upcoming medical procedure – whatever that procedure may be – it’s important to understand that not all loans are the same. Even when financing medical costs, you do have options, especially if you have good to excellent credit. Here are five tips to consider as you research your medical loan provider:
Be sure you’re able to use your loan to pay for nearly any medical cost. Whether it’s for elective surgery, bariatric surgery, dental work, fertility treatments, medicines or any other procedure or expense, make sure your health loan gives you the flexibility to choose your medical professional and cover any of the components of treatment you need to.
Shop for a Low Rate.
You might be tempted to think low interest rates and medical loans don’t go hand in hand. But that’s not the case, especially for good to excellent credit borrowers. Do the research for rates you’re comfortable with. At LightStream, we offer low-interest medical loans with fixed rates from just
* APR with AutoPay.
Don’t Cede Control of the Loan Process.
Medical procedures are not something you should have to work in around your lender’s schedule. You need medical financing that’s simple to obtain and puts you in control. LightStream provides a response to an application in minutes during business hours, and can often have funds deposited into the bank account of approved borrowers the same day they initiate their loan application.†
Keep it Simple.
Or perhaps better said, look for a lender who keeps it simple. The last thing you need before a medical procedure is a stressful loan process. LightStream delivers a seamless, online loan experience that’s virtually paperless and takes just minutes, and it is backed by an exclusive $100 Loan Experience Guarantee
Make Sure Your Privacy is Protected.
It goes without saying that your medical history is something you want kept private. So make sure your lender makes protecting your privacy a top priority. LightStream does. Not only do we not sell, share, transfer or otherwise disclose your information to a third-party without your explicit consent, but we also utilize an array of electronic, physical and procedural safeguards designed to keep your personal information secure. And because you work directly with us to secure your financing—and funds are deposited directly into your personal bank account--- you don’t have to share your sensitive financial information with your doctor’s office.
If you have additional questions about LightStream Medical Financing loans, please
read our LightStream Medical Financing FAQs.