surgery loans for bad credit

How to Finance a Surgery With Bad Credit

Medical expenses can be hectic. Open enrollment just ended, and many of those plans were high. While some of those plans cover elective surgery, not all of them do. To get the cost of the service covered, you have to rely on good ole credit. If your credit is bad you may be wondering how to finance a surgery with bad credit or looking for surgery loans for bad credit! If this is you, do not worry there are loans and credit options available to you. Here are some of the best:


The most popular way to finance surgery is through CreditCare. You can find applications for the service at your doctor’s office, dentist, or online. It is a credit card specifically to cover the cost of medical procedures and medical-related expenses. Their website states it can be used on pet care, dermatology, cosmetic surgery, and so much more. You can get short-term financing options and interest-free payments when your bill is more than $200, and you pay the minimum balance each month. Check out the application and requirements here.

Personal Loans

If your credit score is under 600, you still may qualify for a personal loan. Find a host of reputable lenders across the web, or you can try your local bank. A lower credit score means a high interest rate. Avoid this problem by improving your score to an acceptable limit, getting a cosigner, or securing a secured loan.

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401K Withdrawal

While many will suggest you never borrow from your 401k, you can. There are several exceptions to drawing from your 401k without penalty. One of them includes a hardship withdrawal to use for unreimbursed medical expenses in excess of 10% of your annual adjusted income. Under these circumstances, you may be able to avoid the 10% penalty tax.

If you can not get the funds under a hardship withdrawal, you can take out a 401k loan on your investments. This loan can be repaid over 5 years. Payments include interest, and there is no 10% penalty.

If you have bad credit, you do not have to count yourself out of getting the surgery you need or want. There are always surgery loans for bad credit and other financial options. For more information, follow the posted links and check out the linked video.

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