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Medical costs can easily reach into the thousands. Because MediSave has withdrawal limits, and insurance policies may not cover certain pre-existing conditions, a personal loan can help you pay for the costs of medical treatment or surgery.
Some private health insurance policies also require you to pay for your medical bills upfront before you get reimbursed. If this is the case for you, and you don't have the cash at hand, a personal loan can help you make the payment before you can file for the claim.
If you need to pay for additional treatments and don?t have insurance coverage or the necessary savings, you should consider applying for another personal loan to pay for your medical bills.
Before you do so, take some time to compare the available loan offers on the market. Some banks could have launched a new promotion that could give you lower interest rates, waiver of processing fees, or other savings. However, you should also check that you can afford the added monthly installment repayments, as it is likely you have to service more than one loan simultaneously.
Use our free personal loan comparison tools to find and compare the best personal loans options for the additional treatments you need.
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