Finance - Fertility Loans
Nowadays, there are a number of options available to you when it comes to paying for fertility treatment. Loans for infertility treatment, for example, are a popular choice for many hopeful parents-to-be. With the high cost of fertility procedures, financing part of your treatment may mean the difference between being able to move forward with treatment or putting it off until you have the cash reserves needed to pay out-of-pocket.
Types of fertility loans
Fertility loans, home equity loans or lines of credit, and credit cards are all viable options when it comes to paying for infertility. Lenders will use your credit history to determine your eligibility, how much you can borrow and at what terms. You may be able to use a home equity line of credit, take a loan against your 401K or other investment and insurance policy for fertility financing. Or, if you have been a loyal customer who’s in good standing, your credit card issuer may increase your line of credit (sometimes at a reduced rate) that you can use as part of your infertility-financing plan. If you have a financial counselor, he/she can advise you on which of these financing options may be best for you.
Know the bottom line
When you are evaluating which option is right for you, make sure you take into consideration the lifetime cost of your loan by factoring in the loan term and interest rate. By knowing the bottom line, you’ll be in a better position to plan for your family’s future. In this section, find out about your infertility loan financing options that can help you make your family building dreams possible.
Get funding through CapexMD or Lending Club Patient Solutions
And remember, if you are a patient at a clinic that’s a member of our network, you have access to fertility loans through CapexMD or Lending Club Patient SolutionsSM Patient Financing with the lowest available interest rates and flexible terms! Ask your financial counselor about the loan programs you can participate in at their center.