Medical Loans: Best Medical Loan Companies Everyone Is Looking For in 2019


Medical bills can be devastating if you don’t have any source of funding. From doctor visits to hospital transportation costs can subject you to expenses worth thousands of dollars.

Sure, you could be having insurance coverage, but there are circumstances when insurance cover policies cannot help you as much as in the case of weight loss surgery.

A report by the Consumer Financial Protection Bureau showed that forty-three million American citizens had underlying medical bills that were yet to foot out.

All the same, there is a way out. You don’t have to worry too much when you can apply for medical loans to help you with funding your medical expenses. The best of all is that a variety of financial institutions offers such kinds of loans.

The sad news though is that not all financial institutions are the same. There are some that are way better than the rest.

Where Should You Get Medical Loans?

If you have decided that you need a company that provides medical loans, then you have multiple options to choose from. You will realize that one company is better than the other depending on your preferences.

Getting easy medical loans is the most preferred way to foot out your medical bills. As said earlier, you have multiple options to choose from. You can secure a medical loan either at your local bank, online or even at a credit union.

Before you settle on where you are going to get a loan, make sure that you have compared different loan lenders. This way, you can understand important considerations like the interest rates, payback period.

Besides securing a medical loan through the bank, you can opt for a personal line of credit. This method is suitable if you need a lot of medical attention such as weight loss surgery that may cost higher.

Lastly, some hospitals and offices provide in-house financing. The only sad thing is that in-house financing options charge higher interest rates so you could end up paying more than you expected. That said, it is essential that you carefully review such options before proceeding with the application process.

The Best Medical Loans

Medical bills can be difficult to pay, but you could slash the bills by applying for medical loans. Below are the best medical loans people are looking for daily.

1. SoFi

SoFi also known as Social Finance, Inc is a personal finance institution that offers loans starting from personal loans to student loans.

Because SoFi is an online financial company, you can bet that you will have a smooth and faster application process. Besides, they have a 24-hour system support system that can enable you to ask your questions and get answers whenever you are stuck.

SoFi offers up to $100,000, and the interest rates are fair for everyone. Their rates range between 5.990 percent and 16.240 percent, which is better as compared to other financial institution that charge between 20 and 30 percent interest rate.

Do not fret if you happen to have lost your job or you’ve been fired. With SoFi, your payments will be temporarily stopped until you land your new job.

2. My Instant Offer

Myinstantoffer is a financial lending institution with an online presence. They offer loans of up to $50,000. Like most of the other financial institutions, myinstantoffer carefully values your credit score. So, be sure to have a good credit score before you can go ahead to apply for your loan.

When you opt to apply for a loan, there are many factors you have to put into consideration and one of them is the interest rates. Some lenders charge high-interest rates while some offer affordable rates. Be sure to compare which one you can manage before jumping into the bandwagon.

Lastly, there have been contradictions as to whether myinstantoffer is a scam or not. There are contradicting information on the internet, but it would be better if you took the initiative and checked reviews before listening from the grapevine.

3. Upstart

Upstart is also an online money lending company that offers personal loans to lenders. Unlike many other financial institutions that concentrate on credit score to determine your creditworthiness, Upstart, looks into more details like your employment history, education background, years of credit, area of study as well as your credit score.

In terms of interest rates, which is an important consideration when applying for loans, Upstart offers lower rates of as little as twenty-three percent. This is low as compared to most financial lending companies that usually charge between twenty to thirty percent.

Upstart gives loans of up to $50,000, and their origination fee ranges from 0 to 8 percent of the amount you are applying for. If, for example, you are applying for $50,000, you’ll only get $46,000.

Lastly, you should note that Upstart doesn’t accept a cosigner. If you are not eligible to stand on your own, then Upstart isn’t for you.

Take Away

It’s true that paying off medical bills isn’t easy and luckily, you’ve got a variety of options to help you secure funds. Medical loans are the most promising because, in most cases, there are some other medical procedures that insurance coverage policies may not cater to.



Heart Health

Warning signs of Heart Attack
– American Heart Association

Most heart attacks involve discomfort in the center of the chest that lasts more than a few minutes, or that goes away and comes back. It can feel like uncomfortable pressure, squeezing, fullness or pain.

Symptoms can include pain or discomfort in one or both arms, the back, neck, jaw or stomach.

with or without chest discomfort.

may include breaking out in a cold sweat, nausea or lightheadedness.

If these signs are present CALL 911

Heart disease includes conditions affecting the heart, such as coronary heart disease, heart attack, congestive heart failure, and congenital heart disease. Heart disease is the leading cause of death for men and women in the U.S. Keys to prevention include quitting smoking, lowering cholesterol, controlling high blood pressure, maintaining a healthy weight, and exercising.

A heart attack usually occurs when a blood clot blocks the flow of blood through a coronary artery — a blood vessel that feeds blood to a part of the heart muscle. Interrupted blood flow to your heart can damage or destroy a part of the heart muscle.
A heart attack, also called a myocardial infarction, was often fatal. Thanks to better awareness of heart attack signs and symptoms and improved treatments, most people who have a heart attack now survive.

Your overall lifestyle — what you eat, how often you exercise and the way you deal with stress — plays a role in your recovery from a heart attack. In addition, a healthy lifestyle can help you prevent a heart attack by controlling risk factors that contribute to the narrowing of the coronary arteries that supply blood to your heart.

Sources:, Mayo Clinic, American Heart Association



Who is Dr. C. Everett Koop?
Dr. C. Everett Koop was appointed Deputy Assistant Secretary for Health, U.S. Public Health Service (PHS) in February 1981, and sworn in as Surgeon General on November 17, 1981. Additionally, he was appointed Director of the Office of International Health in May 1982. Before joining the PHS, Dr. Koop, a pediatric surgeon with an international reputation, was Surgeon-in-Chief of Children’s Hospital of Philadelphia and Professor of Pediatric Surgery and Pediatrics at the University of Pennsylvania.

Dr. Koop was born in Brooklyn, New York, on October 14, 1916, graduated from Dartmouth College in 1937 and received his M.D. degree from Cornell Medical College in 1941. After serving an internship at the Pennsylvania Hospital, he pursued postgraduate training at the University of Pennsylvania School of Medicine, Boston Children’s Hospital and the Graduate School of Medicine, the University of Pennsylvania, from which he received the degree of Doctor of Science (Medicine) in 1947. After promotions up the academic ladder, he was named Professor of Pediatric Surgery, School of Medicine, the University of Pennsylvania in 1959 and Professor of Pediatrics in 1971. As Surgeon General, Dr. Koop advised the public on health matters such as smoking and health, diet and nutrition, environmental health hazards, and the importance of immunization and disease prevention. He oversaw the activities of the 6,000 member PHS Commissioned Corps. Specific responsibilities included serving as an ex-officio member of the Board of Regents, National Library of Medicine; Board of Regents, Uniformed Services University of the Health Sciences; Board of Directors, Armed Forces Institute of Pathology; and the Board of Governors, Gorgas Memorial Institute.

Dr. Koop has been the recipient of numerous honors and awards including seventeen honorary doctorates. He is a recipient of the Presidential Medal of Freedom. He was awarded the Denis Brown Gold Medal by the British Association of Paediatric Surgeons; the William E. Ladd Gold Medal of the American Academy of Pediatrics in recognition of outstanding contributions to the field of pediatric surgery; the Order of Duarte, Sanchez, and Mella, the highest award of the Dominican Republic, for his achievement in separating the conjoined Dominican twins; and a number of other awards from civic, religious, medical and philanthropic organizations. He was awarded the Medal of the Legion of Honor by France in 1980, inducted into the Royal College of Surgeons of England in 1982, and the Royal College of Physicians and Surgeons of Glasgow. In May 1983, Dr. Koop was awarded the Public Health Service Distinguished Service Medal in recognition of his extraordinary leadership of the U.S. Public Health Service.

Dr. Koop is a member of the American Surgical Association, the Society of University Surgeons, the American Pediatric Surgical Association, and other professional societies. He is a Fellow of the American College of Surgeons and the American Academy of Pediatrics. He also holds membership in many international organizations. He is the author of more than 200 articles and books on the practice of medicine.


Mom has had 2 bouts with congestive heart failure and each time the Life Alert service response has been quick and concerned. Your personnel stayed on the line until the paramedics arrived continually asking of her well being. Thank you.
A.D., Fort Pierce, FL

I got out of bed to go to the bathroom, fell and couldn’t get up. I pushed the button for Life Alert and a policeman and medical unit came to my home quickly. I felt ok so I didn’t go to the hospital. I got up again and got to the bathroom; I was sort of confused and pushed the button. The medics came and took me to the hospital. At the hospital, they said I had a heart attack.
V. H., Saint Louis, MO

I was having a heart attack, so I pressed my Life Alert button and the operator stayed on the line. The fire department was here in five minutes. They were able to talk to the operator who gave them information on my medical condition, medication, and allergies. The firemen were impressed with your service. Thanks.
S. S., Clackamas, OR

My blood pressure was very low and I had trouble walking and a sense of breathing hard. I had been vomiting and diarrhea and wasn’t going to go to the ER. But I’m glad I went. The ambulance was quick to get here and was very nice. The Life Alert saved my life. I have congestive heart failure so it was an emergency and operators were great in getting help here soon.
J. G., Savoy

After my 2nd round of chemo began, I developed congestive heart failure. 3 times I’ve needed Life Alert services. This last time, June 4th, they were called. Once again their service was exceptional. Their skill and training is excellent and their ability to put the patient at ease in a critical time. God bless them.
M. M., Hollidaysburg, PA

My husband has congestive heart failure. He was having problems breathing and swallowing. Life Alert had paramedics to the house to care for my husband and transport him to the hospital where he spent 4 days. So far he is feeling very well with home care. Thank you.
M. C., North Olmsted, OH

My mom lives by herself, and I was taking care of her affairs. I heard about this Life Alert on T.V. So I decided to get it for mom. 1 day after it was installed in her home she had a heart attack. She was able to press her necklace and the emergency team was there to take her to the hospital.
L. C., Woodlake, CA

I live alone and at around 5:00 a.m. I woke up and could hardly breathe. I hit the Life Alert button. The operator was immediately on the box, called an ambulance and the first 2 people on my call list. All were there in 15 minutes. It turned out to be a heart attack. Your quick response was a life saver.
W. W., West Union, SC

I had a heart attack and Life Alert came promptly and took excellent care of me. Shortly after that I had a seizer from low blood sugar and was very combative and they still gave me excellent treatment. I would highly recommend Life Alert they do a wonderful job.
P. M., Warren, OH

I am a WW2 disabled veteran suffering from PTSD syndrome. From time to time I suffer PTSD reactions that are uncontrollable. When I awoke from a very horrible nightmare I realized it had caused a minor heart attack. I immediately pressed my Life Alert button and the emergency crew detected my problem and rushed me to the hospital.
W. G., Whiting, NJ

had a heart attack and within minutes of pushing the Life Alert button, EMS arrived. I could not respond. EMS communicated with Life Alert on the speaker box. If it would have taken 5 minutes longer, I would not have made it. Thank you so much for the quick response.
P. D., Spring, TX

My husband had a massive heart attack on March 27, 2011. Life Alert was speedy in notifying the list of people that we gave them. Help was available in record time. We went to the hospital and stayed until May 4, 2011. Thank you for your wonderful help.
S. E., San Augustine, TX

My mother age 91 ½ had a heart attack around 4 a.m. If not for the noise of Life Alert talking to mother we would not have heard her (on the other side of the house). They called the ambulance and probably saved her life. We thank all of you. Mom is still in rehab but doing good.
C. B., Carriere, MS

I don’t know what I would have done without my Life Alert. I have fallen on my face several times. One time I needed nine stitches and a second time I needed 4 stitches. Another time my heart stopped and Life Alert arrived quickly to take me to the hospital. I got a pacemaker after and now I am doing much better. Your people were wonderful. I use this service quite a few times. Thanks so much for all your help.
J. R., Dundalk, MD

My father had congestive heart failure. We called Life Alert and they answered very quickly. They called the ambulance which got here very quickly. The operator stayed with us until ambulance got here. Everyone was very prompt and very helpful. Thank you very much.
D. D., Mill Hall, PA

I pushed my Life Alert button and it was answered immediately. They called for help which came at once and one worked on my vitals and another worked with Life Alert for the information on file. I was rushed to the hospital where I was found to have had a heart attack which required a stent. I’m doing fine and home now. Thank you.
L. P., San Antonio, TX

I was having a heart attack. The lady from Life Alert was very, very compassionate and speaking softly and was kind. The ambulance was here in 5 minutes. The lady stayed on the speaker even when paramedics were here. It helped to calm me down, even though I was in extreme pain. I do recommend Life Alert to all people.
B. F., Cocoa, FL