Borrow Money With Health Insurance
- What is a health insurance loan?
Borrowing under health insurance is a form of unsecured consumer loan for customers who have a stable job and receive a monthly salary. The most important thing is that the company pays health insurance in accordance with the law.
But in reality, health insurance is inherently of no value to the lender. But health insurance says that their customers are working at businesses and are covered by the company. With a fixed monthly salary, they will certainly have enough money to pay the loans.
Maximum annual interest rate: 18.25%/year. Interest rates are transparently displayed during the loan package selection process and loan contract. You can compare with other companies to choose a suitable lender.
Minimum payment term: 62 days, maximum payment term: 180 days, avoid late payment causing unnecessary penalties, affecting personal credit score.
If there are bad debts, you can get loans in small amounts. But it's best to pay off existing bad debts to get more loan approvals.
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