Medical Expense Loans

Don't let medical bills stand between you and the care you need. Our personal loans help you cover healthcare costs with manageable monthly payments and competitive rates.

Check Your Rate

No impact to your credit score

✓ $500 - $5,000
✓ APR from 9.99%
✓ Fund in 1-3 days
✓ No prepayment penalty
✓ Flexible 12-60 mo terms

What Medical Expenses Can You Finance?

Our personal loans can help cover a wide range of healthcare costs

🏥

Hospital Bills

Cover unexpected hospital stays, emergency room visits, or planned procedures not fully covered by insurance.

🔬

Surgery Costs

Finance necessary surgeries including orthopedic, cardiac, or other procedures and associated costs.

🦷

Dental Procedures

Pay for dental work like implants, crowns, root canals, braces, or cosmetic dentistry.

👁️

Vision Care

Cover LASIK surgery, specialized glasses, contacts, or other vision correction procedures.

💊

Prescriptions

Afford expensive prescription medications or ongoing treatment costs not covered by insurance.

🏃

Physical Therapy

Finance rehabilitation, physical therapy sessions, or chiropractic care for recovery.

🧠

Mental Health

Pay for therapy, counseling, or mental health treatment and rehabilitation programs.

🩺

Medical Equipment

Purchase wheelchairs, hearing aids, CPAP machines, or other essential medical equipment.

Why Choose a Personal Loan for Medical Expenses?

Compare your options and see why a personal loan might be the best choice

Personal Loan

Interest Rate 9.99% - 35.99%
Payment Type Fixed Monthly
Payoff Timeline Clear End Date
Use Anywhere Yes
Funding Speed 1-3 Days

Medical Credit Card

Interest Rate 0% intro, then 26%+
Payment Type Variable Minimum
Payoff Timeline Indefinite
Use Anywhere Limited Providers
Funding Speed 7-14 Days

Hospital Payment Plan

Interest Rate Often 0%
Payment Type Varies
Payoff Timeline Usually 12 mo max
Use Anywhere Single Provider
Funding Speed Not Available

A personal loan gives you flexibility to pay any provider, combines multiple bills into one payment, and provides a clear path to becoming debt-free.

How to Get a Medical Expense Loan

Get the funds you need in four simple steps

1

Check Your Rate

Fill out a simple form to see your personalized rate and loan options. This uses a soft credit check that won't affect your credit score.

2 minutes
2

Review Your Options

Compare loan amounts, terms, and monthly payments. Choose the option that fits your budget and healthcare needs.

Instant
3

Complete Application

Submit your full application with income verification and other required documents. Our team reviews quickly.

5-10 minutes
4

Receive Your Funds

Once approved, funds are deposited directly into your bank account. Use them to pay any medical provider.

1-3 business days
Learn More About Our Process

Tips for Managing Medical Debt

Smart strategies to handle healthcare costs effectively

💡 Before Treatment

  • Get cost estimates in writing before procedures
  • Check if your provider offers payment plans
  • Verify your insurance coverage and deductibles
  • Ask about cash-pay discounts

📋 Review Your Bills

  • Request itemized bills for all charges
  • Check for billing errors (they're common)
  • Verify insurance was billed correctly
  • Dispute any incorrect charges

💬 Negotiate

  • Many providers will reduce bills if you ask
  • Offer to pay a lump sum for a discount
  • Ask about financial assistance programs
  • Don't ignore bills—communicate early

📊 Plan Your Payments

  • Prioritize high-interest debt first
  • Consider consolidating multiple bills
  • Set up automatic payments to avoid late fees
  • Build an emergency fund for future needs

🏥 Know Your Rights

  • Request a detailed payment plan in writing
  • Understand your state's medical debt laws
  • Know the statute of limitations on debt
  • Get charity care applications if eligible

📈 Build for the Future

  • Open a Health Savings Account (HSA)
  • Review your insurance annually
  • Keep records of all medical expenses
  • Plan for preventive care to reduce costs

Medical Loan FAQs

Common questions about financing healthcare expenses

Can I use a personal loan for any medical expense?
Yes! Unlike medical credit cards that can only be used at participating providers, a personal loan from Upgrade Lender can be used for any medical expense. This includes hospital bills, dental work, vision care, prescriptions, medical equipment, and even veterinary bills for your pets.
How quickly can I get funds for a medical emergency?
We understand medical situations can be urgent. You can check your rate in about 2 minutes, and if approved, funds are typically deposited within 1-3 business days. For pre-planned procedures, we recommend applying a week or two in advance to ensure everything is in order.
Is a personal loan better than a hospital payment plan?
It depends on your situation. Hospital payment plans often have no interest, which is great if you can pay off the balance quickly (usually within 12 months). However, personal loans offer more flexibility—longer terms, the ability to consolidate bills from multiple providers, and funds you can use anywhere. Compare both options to see what works best for your budget.
What credit score do I need for a medical expense loan?
We consider applications from borrowers across a range of credit scores. While better credit typically qualifies for lower rates (starting at 9.99% APR), we work with many borrowers who have fair or rebuilding credit. Check your rate with no impact to your credit score to see your options.
Can I pay off my medical loan early?
Absolutely! We have no prepayment penalties, so you can pay off your loan early and save on interest. Whether you receive a tax refund, bonus, or simply want to make extra payments, you're free to do so at any time without any fees.
What if I already have medical debt in collections?
A personal loan can potentially be used to pay off medical debt in collections, which may help your credit score once paid. However, having debt in collections may affect your loan approval and rate. We recommend checking your rate to see what options are available to you.
View All FAQs

Get the Care You Need Today

Don't let medical expenses wait. Check your rate in minutes with no impact to your credit score.

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