What Medical Loans for Bariatric Surgery are Available?
Medical loans for bariatric surgery helps to pay for weight loss or cosmetic procedures.
The loans are available to cover the cost of excess skin removal, a facelift, liposuction, neck lift and other procedures. There are also grants available for weight loss surgery by government and nonprofit organizations.
Bariatric procedures and surgeries are necessary for people who are significantly overweight and have been unsuccessful in losing weight with exercise and diet.
These weight loss surgeries are life-changing procedures that reduce the risks of weight-related health problems such as high blood pressure, diabetes, etc.
Medical loans can help you start your road to success towards necessary surgeries.
Medical Loans for Bariatric Surgery – Why Finance Bariatric Surgery Procedures?
It has been noticed that some people cannot lose weight even after medications, exercise, diets, etc. It simply means that their body retains more calories in the form of fat.
The added weight impacts the self-esteem and social interaction of an individual. With time, it can cause severe problems such as sleep apnea, strokes, heart disease and diabetes.
Bariatric surgical procedures often cause hormonal changes and help weight loss by restricting the consumption of food amount, causing malabsorption of nutrients.
The cost of bariatric surgery depends on factors, such as the type of procedure, location, surgeon fees and the chosen hospital.
The price can be gulp-inducing; however, going into debt for bariatric surgery can be a good option. It is well worth the investment as it prevents major health problems and extends the life span.
Surgical methodologies are designed, to allow you to regain your health and live an active life.
The procedure offers a positive impact on the lifestyle of people and usually involves an adjustable gastric band, gastric bypass, sleeve gastrectomy, and biliopancreatic diversion.
Medical loans help make losing weight more affordable and easier. It allows you to save money and get your life back.
Medical Loans for Bariatric Surgery – Manage the Cost of Bariatric Treatments
There are a lot of options available for medical loans for bariatric surgery. An individual with good credit for a medical loan can apply for personal loans as it generally has low-interest rates.
The loan amount varies from $1000 to $100,000 and can be granted for as long as seven years. When looking for a lender, make sure you compare all the available options.
Let’s check some of them!
1. CareCredit
CareCredit helps you get through any stage of your health journey by offering medical loans, covering the costs of medical procedures. The average costs of some weight loss procedures for Gastric bypass surgery is $18,000 – $35,0001 andf for Gastric sleeve surgery is $9,000 – $27,0003.
There is an annual fee, hidden fee or late fee.
For more information, visit CareCredit, click on personal loans, and finally, in the medical financing loans, you can find loans for bariatric surgery.
2. Upstart
Upstart offers medical loans to pay for out-of-pocket health costs or planned medical procedures such as bariatric surgery.
The application process is fast and easy and generally takes one business day after accepting the loans. The average medical loan amount offered is $5,598.43 for the term of 3 to 5 years.
APR amount is between 8.94% – 35.99%. Upstart provides 16% lower rates for medical loans than traditional models.
For more information, visit https://www.upstart.com/
3. Avant
People with low credit scores who are struggling to get medical treatments can apply for Avant medical loans.
The process is transparent and clear, which makes it easy to apply. The loan amount usually ranges from $2,000-$35,000 and APR from 9.95%-35.99%.
The loan term length is 24 to 60 months with an administration fee of up to 4.75%.
For more information, visit https://www.avant.com/ and then go to personal loans, where you can apply for medical loans for surgery.
4. LightStream
Find hassle-free medical loans with LightStream. It offers low-interest rates to those having a good credit score. The loan amount ranges from $5,000 to $100,000 with 24 to 144-month terms.
The funds are available on the same day of approval, and there are no fees and no prepayment penalty.
For more information, visit https://www.lightstream.com/ and then click on medical funds that take you to the medical financing page.
Conclusion
Bariatric surgery enhances your life; therefore, one should consider it to maintain health. Deciding to undergo such a procedure takes time and financial means.
Medical loans for bariatric surgery allow you to move forward with peace of mind, achieving the full benefits of the procedure.
All the available options should be investigated to make the right decision for health. Begin your journey to slimmer life without heavy payments!
See Also
Follow us