Medical expenses can be among the most devastating, because not only do they come at unexpected times, the sheer dollar amount can be a real shock.
Although Americans are legally required to have health insurance, the reality is that many people under 35 view it as an expense they neither need nor can afford. And if you are insured, all the deductibles, co-pays and charges not covered by health insurance can leave a pile of big medical bills even if you're fairly healthy.
If you're facing a barrage of medical expenses, contact LoanMerica. We can issue a personal medical loan to help you pay off medical expenses not covered by insurance, and help prevent the problems that occur when medical bills are sent to collection agencies for non-payment.
An unsecured personal loan for paying off medical expenses can provide a low-cost alternative to running up your credit card balances. Unlike a home equity loan or line of credit, a personal medical loan is not secured by your home and you won't risk foreclosure if you can't repay the loan on time. And if you're planning on having a major procedure, you should contact us before your medical bills mount. A medical line of credit might be an excellent alternative, because you can draw funds when you need them and you'll only pay interest on the funds you withdraw.
Healthcare is expensive, but it doesn't have to be cost-prohibitive. Call us at (888) 363-4032, and your LoanMerica representative can help you structure a personal medical loan that will help you bring your medical bills under control.