Is There A Difference Between Patient Loan Companies?
Similarities:
- All must follow guidelines to protect against loss.
- All charge a service fee.
- All must run a credit report.
Differences:
- Some have down payment requirements.
- Some are not unsecured finance companies, (they are mortgage lenders).
- Some only work within a network of doctors
- Some only approve A and B rated credit
- Some offer variable rates, not fixed interest rates
- Some have pre-payment penalties
- Some are credit card companies
Please read all loan documents carefully prior to signing any agreement. A finance company should disclose all loan terms prior to funding.
If a deal sounds too good to be true, it most probably is, if in doubt, always check credentials and ask for references.
Please read our
about us page to learn why choosing PatientLoans.com is the right choice.
