Unsecured medical tourism loans are personal loans with no collateral. These can be used to finance your surgical procedure.
Approval and loan terms will vary by lender and will be based on your credit score.
Check your credit score for free at annualCreditReport.com.
These loans are also known as “signature loans” because your signature on the loan agreement is all that you bring to the table. Most medical loans are unsecured.
After being ensured about these four things, the bank/financial institution offer an unsecured loan to the borrower.
Unsecured Loans Impact Your Credit – Late payments or a loan default could affect the interest rates you pay on future loans. See the FTC’s web site for more info about credit.
Overseas Surgery Medical Loan Approval Guidelines
Click here for Surgery Loans for Canadians, Australians and in the United States.
Scenario 1: AMOUNT $4000 (CREDIT SCORE 580-650)
DEPOSIT | 12 MP | 24 MP | 36 MP |
---|---|---|---|
0 | $410 | $223 | $162 |
$1000 | $315 | $172 | $125 |
$ 2000 | $220 | $120 | $87 |
Scenario 2: AMOUNT $4000 (CREDIT SCORE 651-739)
DEPOSIT | 12 MP | 24 MP | 36 MP |
---|---|---|---|
0 | $406 | $219 | $157 |
$1000 | $312 | $168 | $121 |
$ 2000 | $217 | $117 | $85 |
Unsecured loans can be great personal loans as well. If the bank finds you to be a good fit in the scale of credit-worthiness, they will offer you a loan without any collateral.
We hope this page will assist you in finding the medical loan you are looking for. Popular medical tourism procedures that are financed are weight loss surgery, cosmetic & dental procedures.
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