Lack of transparency about potential rates
Since United Medical Credit doesn’t share its lending partners’ interest rates before you apply, it’s not easy to figure out what the costs could be for personal loans through its site. For instance, it doesn’t post partner loan rate ranges, so it’s difficult to say if they’re competitive unless you apply.
If you apply, you should hear back by the next business day if you’re matched with a lender. You can then decide whether to accept those terms and proceed.
What you need to know about a personal loan from United Medical Credit
United Medical Credit is a medical loan network that tries to connect you with lenders to finance your healthcare bills. You can apply on its website for loans between $1,000 and $35,000. That process can be helpful if you want to shop multiple lenders with one application. The downside is that there’s less transparency in the process because you’re not applying directly with a lender.
United Credit helps consumers with a wide range of credit scores apply for financing, meaning we connect more people like you with the loan you need. We are not a credit card; instead, we are a gateway to installment loans and other financing options with affordable interest rates and payment terms best suited for your credit profile. Loans from our lender network vary based on your credit application.
After you complete an online application, we will submit it to our lending partner network to match you with the best financing option based on your application details. If you qualify for a pre-approval, you will receive a financing option within minutes (or up to one business day) after the application is submitted.
Founded in 2011, we are a financial technology company formerly known as United Medical Credit and United National Credit. In 2022, we became United Credit to align with our mission to provide highly personalized expert service along with the market’s best financing and payment solutions to those who trust us with their credit needs.
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