Frequently Asked Questions
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How soon can I get my pre-approval for financing?
You can obtain the pre-approval for financing almost immediately after you finish the application submission. You can also sign all the required documents right from your mobile device, wherever you are. If you do not receive a confirmation email from us right after submission, please check your junk mail.
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Can I only borrow a portion of the amount of the procedure or purchase?
Yes, Medi Loans will pay any portion you would like to borrow to your doctor or service provider directly, be it the total cost of the procedure or purchase, or only a portion thereof.
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What types of procedures and products does Medi Loans finance?
Medi Loans provides financing for any medical procedure or product.
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How does the approval process work?
Our goal was to make the process as easy as possible. The application process only takes a few minutes and you get an instant response by email once the information is submitted*.
*some exceptions apply
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Does it cost me anything to apply and get pre-approved?
No, you can get an instant pre-approval with no cost or commitment obligations!
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Can I repay my loan before the end of the term?
Yes, with Med Loans you are never locked in. You may repay your loan at any time and with no prepayment penalty.
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What if the doctor or service provider I am seeking treatment from is not registered with Medi Loans?
Simply inform Medi Loans and we will take care of the rest. Our team will contact your doctor or service provider to inform them of our services.
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Do you accept a co-signer for people that either have no credit history or a lower credit score?
Yes, as long as your co-signer is agreeable to assume the liability, alongside you,. you can have a co-signer.
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How long may I finance the procedure or purchase?
The term can range from 1 month to 4 years.
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Can I have more than one loan with Medi Loans?
Yes, you may login to your account and apply for additional loans at any time.