Skip to main content

Need A Loan For Medical Bills?
Get the Best Rates with Pheabs

Borrow money with Pheabs to help fund medical expenses.
Our reputable lenders consider customers with a variety of credit histories.

How Do I Find the Best Medical Loan for Me?

If you are looking to find the best medical loan to suit your borrowing needs, it’s good to compare the loan options out there to see what works best with your requirements. Pheabs can help you to borrow a loan for medical bills by finding you the most competitive rate from our panel of lenders.

We understand that not every medical loan will work for every borrower – and that you may have certain circumstances that have made borrowing more difficult in the past (e.g. a poor credit score). Pheabs will connect you to the lender that is the most likely to approve you – with bad credit considered.

What Can I Borrow Medical Loans For?

You can borrow a medical loan to pay for important health expenses. Medical loans can be used for a range of different things, including doctor or specialist bills, surgery fees, medication, dental work or eye treatment to name a few.

With the cost of good health often being expensive, Pheabs can help you secure a medical loan within minutes, hours or by the next working day. However, it is essential to only borrow a loan for medical bills if you are certain you will be able to repay it back as otherwise you could face late fees or charges.

What Is the Eligibility Criteria to Borrow Medical Loans?

The eligibility criteria to borrow a medical loan includes:

  • Being aged 18 years old or over
  • Being a US resident
  • Having a Driver’s License number or State ID
  • Having a stable income
  • Earning at least $800 per month

The eligibility criteria for a medical loan usually varies depending on the lender you opt for. At Pheabs, we will take the time to understand your financial circumstances and borrowing needs, and connect you with the lender most suited to your requirements and who will be most likely to approve you.

We understand that having a poor credit history does not mean that you cannot afford repayments on a loan. So we work with lenders who are willing to accept customers with different types of credit histories.


Can I Borrow A Medical Loan With Bad Credit?

Yes, you can borrow a medical loan with bad credit. At Pheabs, we pride ourselves in working with a network of over 50 reputable lending partners who are willing to consider customers from all types of different financial backgrounds with all kinds of credit histories, including those with a poor rating.

For those with bad credit, you can actually help to improve your credit score through a medical loan – however, this is only possible if you keep up with the repayments and do not default. If you fail to keep up with loan repayments, this can have the opposite effect, and you may find that your credit rating is damaged as a result.

Find Loans For Medical Bills Through Pheabs

We’re passionate about helping people find great, affordable medical loans, to meet their borrowing needs. You can find the best lender for you from our trusted panel quickly and simply by filling in our online application form.

Click on the “Get Started” button to be taken to our online form. Here, you’ll have to provide a few details about yourself, which takes less than 5 minutes to complete, and you will receive an instant decision once it has been submitted.

Below is a list with some of the details you’ll have to provide us with via our online loan request form:

  • The amount you wish to borrow
  • How long you’d like to borrow this for
  • Your contact details (email address, phone number etc.)
  • Your employment status
  • Your Driver’s License number or State ID

Successful applicants can have funds transferred within minutes, hours or by the next business day. So what are you waiting for? Get started with your medical loan today with Pheabs.


No, Pheabs does not charge any fees for filling in our loans submissions form. If your application is approved with the lender, then we may simply earn commission from this.

Those wanting to make an enquiry through Pheabs can be rest assured that our service is completely free.

Our online loan submission form takes under 5 minutes to complete, after which you’ll be provided with an instant decision on the screen regarding your medical loan enquiry.

No, submitting a loan enquiry through Pheabs will not impact your credit score. However, if you are successful in your loan request and fail to keep up with repayments on the loan, this could have a negative impact on your rating.

It’s important to only take out a loan if you are certain you will be able to comfortably afford the repayments. Keeping up with repayments on a loan can even improve your credit score, helping you to build up a good history of past borrowing, which can also help you when applying for future loans.

Pheabs are currently operating in the following US states:















Once your medical loan application is approved, the money could be sent through to your checking account within minutes, hours or by the next business day.