Last Updated on January 25, 2024 by Lori Pace
What Medical Loans for Bariatric Surgery are Available?
You can use medical loans to pay for Bariatric Surgery. These loans can pay for excess skin, liposuction, facelifts, neck lifts, and other procedures. These grants are available from government or non-profit organizations.
People who have failed to lose weight through diet and exercise are candidates for bariatric surgery. These life-changing weight loss procedures can reduce the risk of obesity-related problems like high blood pressure and diabetes. You can get medical loans to help you start on your journey towards completing any necessary surgery.
Medical Loans for Bariatric Surgery – Why Finance Bariatric Surgery Procedures?
Some people are unable to lose weight despite taking medications and following exercise programs. This simply means that the body stores more calories as fat. Weight affects an individual’s self-esteem and social interaction . It can lead to serious health problems as well like strokes, heart disease, diabetes, and sleep apnea.
Bariatric surgery can cause hormonal changes that help weight loss by restricting food intake. This causes malabsorption of nutrients. Bariatric surgery costs depend on many factors such as location, cost of the procedure and surgeon fees. Although the price tag can seem overwhelming, it is possible to go into debt for bariatric surgeries. It’s a worthwhile investment that prevents major health issues and prolongs life expectancy.
These surgical methods allow you to regain health and lead an active lifestyle. This procedure has a positive effect on lifestyle and can include adjustable gastric band or gastric bypass, sleeve gastricectomy, and/or biliopancreatic divert. Medical loans make it easier and more affordable to lose weight. This allows you to save money while getting your life back.
Medical Loans for Bariatric Surgery – Manage the Cost of Bariatric Treatments
There are many options for medical loans to bariatric surgery. Personal loans are available to those with good credit. They generally have low-interest rates which is good. The loan amount can range from $1000 to $100,000, and can be extended for up to seven years. Compare all options when looking for a lender. Let’s take a look at some of them.
1. SoFi
SoFi offers medical loans to help you cover the cost of any medical procedure. Fixed rates are offered at 5.99% APR-18.85% AP without the need to sink into high-interest debts. Annual fees, hidden or late fees will apply. For more information, visit their website, click on personal loans. Once here, you will see the medical financing loans, you can find loans for bariatric surgery here.
2. Start
Upstart provides a medical loan to help pay for medical expenses or planned procedures like bariatric surgery. After accepting the loans, the application process is quick and simple. It usually takes less than one business day. For terms of 3 to 5 year, the average medical loan amount is $5,598.43. The APR ranges from 8.94% to 35.99%. Upstart offers medical loans at 16% lower rates than traditional models. For more information, visit their website.
3. Avant
Avant medical loans are available to people with poor credit scores and who have difficulty getting medical treatment. It is easy to apply for Avant medical loans because the process is clear and transparent. The average loan amount is between $2,000 and $35,000 with an APR of 9.95% to 35.99%. The term of the loan is between 24 and 60 months with an administrative fee of up to 4.75 percent. For more information, visit their website, click on personal loans, and choose to apply for medical loans for surgery.
4.
This organization makes it easy to get hassle-free loans for medical purposes. LightStream offers low-interest rates for those with good credit scores. You can borrow between $5,000 and $100,000, with terms ranging from 24 to 144 months. You can get the funds on the same day you are approved. There are no fees or prepayment penalties. For more information, visit their website, click on medical funds which will take you to the medical financing page.
Conclusion
Bariatric surgery can improve your life and should be considered if you wish to be healthier. It takes time and money to decide whether you want to have this procedure. Bariatric surgery can be done with confidence by applying for medical loans. To make the best decision for your health, you should investigate all options. Start your journey to a slimmer life with no large payments.
