There are many reasons to take out a loan or loan. Most of them, such as furnishing or car financing, are almost a matter of course. However, very few consumers know that a loan for surgery or medical intervention is just as easy to obtain and in some cases even offered by doctors and hospitals.
Why a loan for surgery or medical intervention at all?
There are many reasons why medical intervention is not covered by health insurance. A classic example would of course be plastic surgery. Nevertheless, this has to be seen a little more differentiated, because most of the time the intimate desire for a cosmetic surgery is not born out of vanity, but rather it is about living the same quality of life as everyone else desires.
It can be an ugly scar that makes sunbathing by the sea or in the outdoor pool seem impossible. Even if the shape of a woman’s breast is no longer what it should be, it can gnaw away at self-esteem. A medical intervention not only removes a possible beauty blemish – it also gives this woman self-confidence and a good quality of life.
A loan may also be necessary due to your own contributions
Another example would be surgery on the teeth. Politicians have imposed so much on their own contribution in recent years that the best intervention is no longer paid for, but only the cheapest. For some patients, it is simply unthinkable to be able to afford the existing co-payments. This gives rise to another argument.
Countries sometimes offer more modern methods and better equipment in cosmetic surgery and dental procedures than are available in many medical practices and hospitals. Such interventions are carried out at a fraction of what it would cost at home. Even including flights and hotels, the prices are often much lower than at home – and the quality of work is also many times better.
Doctors and clinics often offer financing options
However, borrowing from domestic clinics and doctors is often easier. Some doctors and clinics and therefore work together with financial service providers. Therefore, they even offer a very targeted loan for surgery and other medical interventions. Apart from the usual proof of creditworthiness, further requirements are the age of majority and a permanent place of residence.
With a loan for surgery and medical intervention of more than 4,000 dollars, employment must also be proven. Depending on the employment framework – i.e. permanent position or fixed-term employment contract – a corresponding loan amount can then be agreed. Financial service providers in particular, who cooperate with clinics and doctors, offer even more attractive contract features.
Depending on the contract, the conditions can be very different
If a loan agreement can be negotiated for a surgery or intervention loan with a term of less than twelve to ten months, some providers do not pay interest. Instead, only the usual, one-time processing fee is due. If interest is due, it also differentiates strongly depending on the term, the amount of the loan and the provider.
For amounts between 1,000 and 80,000 dollars, the interest rates fluctuate between 2.90 and 15.90 percent. But even if a doctor or a clinic cannot rely on such a financial intermediary, this does not mean the end of the desired operation. Any other bank can also request and apply for a loan for surgery, dental surgery, etc.