Pros and Cons Before To Consider Before You Apply for a Medical Loan?


Should You Apply for a Medical Loan?

Many believe that the health care industry is too expensive in America; using just a few services at the hospital can cause you to wreck up hundreds and thousands of dollars in medical bills. Middle class people usually don’t have that much money in their savings account so they will have to owe the hospital their medical bills. It also isn’t easy to win a claim with the health insurance company. They will carry out a long investigation and get you to wait for long before giving you an answer. It will be faster if you get a medical loan to pay your medical bills.

A medical loan is ideal for people who don’t have medical insurance to cover their hospital bills. You can also get a medical loan if your insurance company only covers a partial cost of your bill. In addition, not all types of treatment are supported by your insurance. Some treatments like cancer and eye treatments are not covered by insurance. There is also no limit on which hospital you must receive treatment to get the coverage. The loan amount from your medical loans can cover minor expenses like a checkup.

It’s A Good Idea To Review All Of Your Financial Options With A Financial Planner Before Applying For A Loan

The facility where you receive treatment may have partnerships with lenders that offer medical loans so you can apply for a loan through them. However, it is important to review the financing terms before deciding to sign up for the loan. Alternatively, you can also take out a personal loan from a credit union or online lender to pay for your medical bills.

It is more suitable to use a personal loan than a credit card if you have an expensive medical bill that costs more than $20,000. There is a balance transfer card with a zero percent introductory rate but you must remember that the intro rate will expire in 2 years. If you have a huge medical bill, it may not be possible for you to repay the loan in 2 years which makes balance transfer credit card, not an ideal option.

With a medical loan, you can receive the money in your account within the next business day. This makes it ideal for people who need money for a medical emergency. You should consider getting a personal loan prior to receiving care at the hospital. However, you have to first find out from your doctor the exact amount of money that is needed for the medical procedure you are undergoing and the expenses for future care. On the other hand, if you owe medical bill payment to several facilities, you can get a personal loan to consolidate them.

Taking out a medical loan can prevent interruption in your financial planning. You may have other investments and bank savings that you don’t want to withdraw. For example, you have savings in your account that you want to use for funding your children’s education. By applying for a personal loan, it will take off stress on your mind about withdrawing all the money in your bank account to pay for your medical bills.

Submitted By:

Jeff Graveline

Columnist, AGT News

Degree In Finance and Economics, University of Florida 2002

The Top 2 Balance Transfer Promotions in 2019 are from Chase Slate and Bank of America


Both Chase Slate and BankAmericard are the two top balance transfer cards for 2019 because of the long zero APR introductory promotion they offer. If you owe a lot of money on high interest card, you can try applying for one of the two card and make use of the zero percent intro APR offer to avoid interest fees and quickly pay off your credit card debt.

Chase Slate offers 15 months of 0% introductory APR, after which you will be charged with a variable APR that can range from 15.99% – 24.74%. The balance transfer fee is 5% of the amount you transfer but they will charge you a minimum of $5 for the balance transfer fee. You can qualify for the balance transfer fee waive by transferring the balance within 60 days of the account opening.

Chase Slate does not have any annual membership fee and it also does not charge penalty APR that can cause your APR rate to increase when you are late in payment. Chase Slate credit card features zero liability, fraud protection and purchase protection. The purchase protection will cover your new purchases up to 120 days in case the product you just bought is damaged or stolen. You can get up to $500 compensation for each claim and $50,000 per account. To get approved for Chase Slate, you need to have a credit score that is in between 600 – 700.

BankAmericard also have a 15 months zero percent APR introductory offer and it also waive the balance transfer fee. These two bonuses are valid if you transfer the balance in the first 60 days. The balance transfer fee is 3% of the balance that you transfer and the minimum charges for the balance transfer fee is $10. The zero percent APR introductory offer will end after 15 months have passed from the account opening and you will be charged with a regular variable APR interest rate that is in the range of 12.99% – 22.99%.

Bank Americard does not have annual fee or penalty APR. If you have BankAmericard, you will get free access to your FICO score on your account. BankAmericard requires applicants to have a credit score that is slightly higher than the minimum credit score requirement of Chase Slate.

As you can see, both BankAmericard and Chase Slate credit cards are equally suitable for cardholders who want to eliminate their debt burden fast. After you get approved for the card, you must make a request to transfer the balance. To transfer the balance, you must provide two important information including the card number and amount that you want to transfer. The process of transferring your balance can take 1 week or slightly longer. Once the balance is transferred, you can start making repayment to clear off your debt.

Can Black Mold Be Safely Removed From Your Home Or Do You Need A Pro


Mold; it’s one of the most terrifying things for a home or business owner to hear and the potential issues it can cause inside a home or business. But what is it exactly and what are the symptoms of mold?

Black mold, the most common type of mold, normally grows in wet, humid, and out of sight areas that can go unnoticed for long periods of time. Though called “black”, the mold is actually a darker green and black color that can look slimy to the touch, if still around a water source, or powder-like if the water source is no longer running. The most common place to find this mold is inside the walls and ceilings of bathrooms, laundry rooms and basements.

How is Mold Removed?

If your property has a leak, excess humidity, flood, or poor ventilation, then mold has a good chance to start to grow. Mold assessment takes place first, and that involves identifying the location and extent of the mold hazard in an area. It starts will visually examining the premises to determine the level of remediation necessary. A professional will do a complete visual inspection of all accessible areas of your home or business, and locate the potential water penetration or other problem. After that, the restoration process takes place. The restoration process can consists of fixing any damage that has happened with the infestation, whether that means repairing dry wall, reconstructing parts of rooms, or installing new carpet.

With any type of mold, you will need an experienced professional to help you through every step of the process. Only a processional will be ample to properly assess the problems that are causing it and prevent it form recurring. Professionals will be able to get into and check spaces that you didn’t know existed or are not available to the human eye, which is why an experts services is highly advised in any mold scenario.

Preventative Measures You Can Take

There are a few rules of thumb you can follow that can help you take preventative measures with mold:

Any leak that happens in your home or business should be fixed as soon as possible – this is the most common cause of mold buildup in the first place
• If there are any condensation-related issues, such as improper ventilation around windows and doors, those must be addressed
• Improving veneration throughout the affected areas of your home or business to promote proper air circulation between differing interior and exterior temperatures
• Ensuring your HVAC unit has been properly maintained to prevent future leaks or condensation

Only when a professional has inspected and reported the locations and severity of your mold problem, providing you with solutions to the infestation, can you know what you are actually up against. If left untreated, that constitutes a problem for you, your family, or your peers – and these problems must be addressed before they get worse.

Tips For Securing A Deal With Credit Card Balance Transfers In 2016


**Updated for consumers heading into 2017**

Now that it is 2016, you might want to consider lowering your credit card debt and any high interest rates you might be facing. Many of us have seen credit score improvements in 2015, allowing us to achieve a lower interest rate. Yet how do you make use of a lower interest rate if you are trapped into an older credit card locked in with a high interest rate? The answer is to open a new account with a lower interest rate and then to transfer your older higher interest credit card balances to this new account. Here are the top balance transfer credit card offers of 2016, as posted online at

Amex EveryDay® Credit Card from American Express

Unlike most American Express cards, this card is actually a credit card, where as most cards offered by Amex are charge cards. What makes this credit card great is that it also offers rewards for using it, but also they offer a 0% intro APR on purchases and balance transfers for 15 months. After this intro offer period expires, your interest rate will vary between 13.24% to 22.24%, depending on several factors, including your credit score. The rewards come in the form of membership points, and these points can be redeemed to pay for hotel stays, all of part of a flight, and vacation or cruise bookings. They also offer a sign up bonus of 10,000 points, provided that you spend just $1000 within 90 days of opening up your account. The average credit score needed for this card is 678, yet some people still get approved with a score as low as 631. This card carries no annual fee.

Citi® Diamond Preferred® Card

This is the years go to card if you want a zero % interest rate for a long period of time, allowing you to pay down your outstanding credit balances. This credit card offers an amazing 21 month 0% intro rate on any balance transfers, which gives you nearly 2 years to payoff your balance. This intro offer not only applies to credit card balance transfers, but also to new purchases, giving you some purchase power if the need arises, without the added worry of interest rates. There is a balance transfer fee involved, which will amount to either 3% of the amount of each transfer. This credit card also offers rewards, in the form of Citi Easy Deals Points. Citi Easy Deals Points can be redeemed online for deals on local products, services, gift cards and even name brand merchandise. The average credit score needed for approval is 735, but people with credit scores as low as 680 have been approved. This card carries no annual fee.

Discover it®
This is another great credit card offering you a 0% intro APR on balance transfers for 18 months. You also receive cash back of 5% in rotating categories, that change every 3 months. You earn 1% cash back on any other purchases. After your 0% intro rate expires, your interest rate could be as low as 10.99% or as high as 22.99% variable interest rate, depending on your credit score and other factors. Customer service is 100% U.S. based, so no annoying phone calls with someone claiming that there name is “paul” with a thick accent from some third world nation. You can also track your actual FICO score for free every month online. The best part about this card, outside of the 18 months of zero percent interest is that this credit card will double your cash back at the end of the year, for your first year only. So if during the year you have earned $500 cash back, at the end of the year you will receive another $500 cash back. They also have a credit freeze feature available.

Best Places To Find A Personal Loan Or Emergency Cash For The Holiday


If you are looking for a personal loan, you have plenty of options out there. I often get asked where the best place is to find a personal loan. My answer to them is that there is no “best place” to find a personal loan. Instead I advise people to rate shop and find a personal loan whose terms, conditions and interest rates match their lifestyle and personal needs.

If you were to ask me where to find them however, that I can help you with. There is a wide variety of options you have to find the best personal loan for you. Here are just a few of the places to locate a personal loan:

Banks (commercial)
Peer-to-peer lenders (For example Prosper and Lending Club)
Payday lenders (commercial)
Credit unions (not for profit)
Credit building groups (not for profit)
Online lenders (commercial)

The bank you already do business may or may not be the best option. Some banks will give more credit leeway with existing customers, meaning if you already do business with your bank, they may be willing to overlook some credit problems you may have, if you agree to loan payments on auto-pay. However banks do not always have your best interest at heart, and you could end up paying a higher interest rate than you would have, had you done some rate shopping among other lenders. By all means see what your bank offers you, but do not rush to sign off on the loan, instead check your rate elsewhere and return to the bank if they are the best offer you receive.


Credit unions should be your first option, if you belong to one. Most credit unions require you to be a member before they will even consider lending to you. If you are a member however, an entire world of options opens up for you. Since credit unions are not for profit, they charge lower rates on average than any for profit lender would charge. This can equal a tremendous savings for you over the lifetime of you loan.

Credit building groups can be option as well. But there is a catch, it is for people building credit. In effect you are lending money to yourself, so this option is not so good if you need money today. How it works is people with poor credit can deposit a sum of money, usually $1000 in an interest baring account. You can then borrow money with this as your collateral. When you borrow against that money, the loan is reported to the credit reporting agencies. The down side is it is not really a loan, just a glorified savings account.

Peer to peer lenders used to be truly peers
, private investors who would make loans to borrowers, with a wide range of credit scores. It used to be easy with poor credit to obtain a loan from these lenders, but today that is not the case due to tightened up credit requirements. Also today most of the loans in so called peer to peer lending are made by banks. Banks went into the peer to peer lending business during the peer to peer lending heyday, due to missing out on the profits from personal loans. You can always check your interest rate with a peer to peer lending platform, but almost always the rate given will not be favorable.

Payday lenders should be your last resort and avoided if at all possible.
These lenders charge around 400% APR, and often times much more than that. People can rarely repay these loans without financial difficulty. Sometimes people need to take out a second payday loan to pay back the remainder of the first one, in a process called rolling the loan over. It is not uncommon for people to become trapped in an ever increasing loan rollover period, with interest building to unsustainable levels.

Online lenders often will provide you with the best interest rate and fastest turn around time. Our website features reviews on some of the best online lenders, and possible rates. Some of these lenders will even allow you to check your rate without effecting your credit score. You can also use online to check your options for banks, credit unions and more, since nearly every lender on the planet operates a website.

Updated on 12-29-2016 to fix broken backlinks