A loan may have a specific name but can be used for different purposes according to its terms and features. Few loans such as student loan, marriage loam, home loan or an auto loan are meant to be spent for the specific purpose the loan is designed for but others such as a personal loan can be used for varied purposes and are given to you with no questions asked.
If you wish, you can also pay off the bills using your credit card and therefore transform your medical debt in to a credit card loan. You will have to repay this loan as per its terms and conditions and within the stipulated time limit. You may also use a personal loan to get rid or your medical bills or even take out a medical loan for that matter.[Read more…]