With your authorization, PatientFi checks your credit report using a “soft credit check”. There is no impact to your credit score to check if you qualify for a PatientFi loan.

At the moment, we can only process applications electronically through our website. 

Please visit https://app.patientfi.com/ and search for your healthcare provider to start an application. The application takes just a few short minutes to complete and doesn’t hurt your credit!  

We do not currently support co-signers. Only the person having the procedure, their legally married spouse, or a parent of the patient can apply.

The PatientFi application asks for a few key pieces of information and can be completed in minutes.

There are no application, documentation, and/or origination fees of any kind with PatientFi.

If your provider does not offer PatientFi, and you are interested in applying for a PatientFi loan, please have them complete our “Provider Sign-up” form at www.patientfi.com. We will contact the provider and help get their account setup for you.

When you obtain a medical credit card, they often offer a period of time where if you pay the balance off, you will not be charged any interest. If you do not pay off the credit card balance by the time the promotional period ends, the medical credit card company will charge you retroactive daily compounding interest from the beginning of swiping the card. This causes the price of the procedure to skyrocket and makes it much more difficult to understand your monthly payment and calculate the cost of financing. 

For these reason, PatientFi’s loan do not have retroactive interest penalties.

Your monthly payment will be processed automatically on your payment date each month through electronic ACH from the banking information provided during the application process. Please contact us if you want to make a payment above your monthly amount, change the date of your payment, or change the account where payments are processed from.

Your approved application is valid for 60 days.

Once you accept your PatientFi loan and schedule a date for services with your provider, we will pay your provider directly.

A secured loan is a loan that has collateral attached to it, such as a mortgage loan (a house) or an auto loan (a vehicle). An unsecured loan is a loan that does not have collateral attached to it (personal loan). The PatientFi loan is an unsecured loan because it does not have any collateral attached to it.

A soft inquiry is when someone checks your credit report for any number of reasons (renting an apartment, obtaining a job, etc.) and does not affect your credit score. When you apply for a PatientFi loan, we perform a soft inquiry for you to check your rate. 

A hard inquiry is when a financial institution (a bank, credit card company, mortgage company, etc.) checks your credit report before giving you a financial tool such as a credit card. Unlike soft inquiries, hard inquiries negatively affect your credit score and remain on your credit report for 2 years.