Healthcare Financing Made Simple
Medical emergencies don't come with payment plans. When unexpected healthcare costs arise—whether it's an emergency room visit, dental procedure, or ongoing treatment—a personal loan from 1st Franklin Financial can help you cover expenses without draining your savings or maxing out credit cards.
We've been helping families manage medical costs for over 80 years. Our fixed-rate personal loans give you the financial flexibility to focus on what matters most: your health and recovery.
Medical Expenses We Can Help Cover
Hospital Bills
ER visits, surgeries, and inpatient care costs.
Dental Work
Crowns, implants, dentures, and oral surgery.
Vision Care
LASIK, glasses, contacts, and eye surgery.
Prescriptions
Expensive medications and ongoing treatments.
Specialist Care
Oncology, cardiology, and specialty treatments.
Wellness & Therapy
Physical therapy, mental health, and rehab.
Why Use a Personal Loan for Medical Bills?
- Avoid High-Interest Credit Cards: Personal loan rates are often lower than credit card APRs
- Predictable Monthly Payments: Fixed rates mean your payment never changes
- Protect Your Savings: Keep emergency funds intact for future needs
- Stop Collection Calls: Pay off medical debt and end creditor contact
- Preserve Credit Score: Avoid maxing out credit cards which hurts your score
- Peace of Mind: Focus on recovery, not financial stress
Understanding Medical Debt in America
You're not alone if you're struggling with medical bills. According to recent studies, over 100 million Americans carry medical debt. Even with insurance, high deductibles and co-pays can quickly add up to thousands of dollars.
Did You Know?
- Average ER visit costs $1,389 (without insurance)
- A single dental crown averages $1,000-$3,500
- LASIK surgery costs $2,000-$3,000 per eye
- Average hospital stay costs $2,607 per day
*Costs vary by location and provider. Sources: Healthcare Bluebook, American Dental Association
Tips for Managing Medical Expenses
- Request an Itemized Bill: Errors are common—always review charges carefully
- Ask About Payment Plans: Many providers offer interest-free options for small amounts
- Negotiate: Hospitals often accept less than the full balance, especially for cash payments
- Check for Assistance Programs: Many hospitals have charity care programs for qualifying patients
- Consider a Personal Loan: For larger amounts, a fixed-rate loan can be more affordable than payment plans with interest
How to Apply for Medical Expense Financing
Getting a personal loan for medical expenses is straightforward:
- Gather your medical bills to determine how much you need
- Apply online or call—no impact to your credit score
- Receive your decision quickly, often the same day
- Visit your local branch to finalize the loan
- Use funds to pay your medical providers directly
Get the Care You Need Today
Don't delay treatment due to cost. Apply for financing and focus on your health.
Apply for Medical Financing
Note: 1st Franklin Financial is not a healthcare provider. Please consult with medical professionals for health-related decisions. Loan approval subject to credit review.