How To Pay Medical Bills for Emergency Medical Treatments

There is nothing more physically, emotionally and financially devastating than a medical emergency. Someone’s life is at stake. You will do anything to help your loved one get the treatment he or she needs to get better—even if it means accumulating thousands of dollars in hospital bills and medicines. Find out how title loans and payday loans can help pay those emergency medical bills.

Worried Sick: The Financial Stress of Paying for Medical Emergencies

Medical emergencies can happen anytime, to anyone. And sometimes, it can happen when you can least afford it: you have no savings, are in-between jobs, or you’ve already been financially affected by the COVID-19 epidemic.

The medical bills can also pile up: hospitalization fees, doctor’s professional fees, medical tests and medicines. Some conditions may also need follow-up tests and treatment, like rehabilitation therapy or home-based care.

If the person who got sick is a breadwinner, then the family also suffers from loss of income as he recovers. He can get a job after he gets better, but in the meantime, you need to find a way to cover both medical and household expenses.

And there’s that dilemma: who can take care of the patient during recovery? Someone has to assist them until they heal completely, but you also need to work to help cover the bills. If you’re lucky, a friend or relative can help out. But in some cases, you may need to hire someone who can stay with him until he’s stronger and more independent.

How To Pay Medical Bills

What do you do if you have no insurance or savings? Here’s how to pay medical bills if you don’t have that financial safety net.

Hospital Promissory Note

You can ask the hospital if you can sign a promissory note, which is a promise to pay back the remaining bills within a specified time. You will need to find a guarantor, who can co-sign the loan for you. The guarantor can be your or the patient’s employer, or someone who can show financial capability of paying off the loan if you default.

Approach Local Charities

Research on local groups or organizations who can help. Some examples include the Pan Foundation, the Healthwell Foundation, the CharityCare program. You can also approach local church groups or community groups. They may be able to donate money or help connect you to a foundation that can.

Start a Go Fund Me Page

You can start a Go Fund Me page for free. This popular crowdfunding site has helped many people raise money for cancer treatments and other expensive medical bills. While not all your friends and family can help give you money, they can help by sharing your page and spreading the word.

Get Emergency Loans for Medical Bills: Title Loans and Payday Loans

It may take time to raise money through fundraisers, or for your application to a charity to be approved. What can you do to raise some of the money right now? You can take out a fast short-term loan.

What Type of Loans Can I Get?

• Title loans let you borrow money using your vehicle as collateral. It can be a car, motorcycle, truck, van, SUV or RV. Texas title loans allow you to borrow up to $15,000, though this depends on the vehicle model and make, as well as the condition. The vehicle has to be registered in your name and be lien-free (no existing loans or judgments).
• Payday loans are cash advances against your next paycheck. Depending on your income, you can borrow up to $1,200. You just need to present your pay stub and proof of ability to pay the loan.

Benefits of Payday and Title Loans

• You don’t need a high credit score. Even if you have no credit history or have a low credit score because of bankruptcies or bounced checks, you can still be eligible for a title loan or payday loan.
• Fast and convenient processing. The application process takes less than 30 minutes, and you can have the money within the day or in the next banking day.
• You can still use your vehicle. Some people are worried that they need to surrender their vehicle if they take a title loan. That’s not true! As long as you follow the payment schedules, you can use your car and get the cash.

Payday Loans and Car Title Loans Near Me

Here at Texas Car Title and Payday Loan Services, Inc, we understand that you need the money urgently, and you don’t have a lot of time to waste on paperwork or waiting in line. That is why we have prepared a convenient way of taking out a loan.

Title Loans

Go to the Texas Car Title and Payday Loan Services, Inc. homepage to fill out the online form. One of our loan representatives will call you, explain the process, and arrange an appointment for a vehicle inspection. Bring your vehicle title, driver’s license or government-issued ID, and proof of income. You can also go straight to one of our many branches in the state.

Online Payday Loans

Just call 1-800-514-2274 or fill out our online request form on the payday loan service page. You just need to present a government-issued ID, a pay stub, proof of income or ability to pay the loan, and a blank check from an active checking account in your name.

The process is so fast and simple that you can have the money in 30 minutes! It’s one of the best options for people who need to raise emergency money really quickly. Go to the Texas Car Title and Payday Loan Services, Inc. to find out more about the different kinds of loans, and the best loan option for you.

Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.