IVF Financing to Help Pay for IVF Costs
IVF financing can be a very difficult topic to digest. Our company is committed to providing funding to avoid financing IVF procedures, but there are a few issues when we talk about helping everyone. The first issue is the amount of people that need help with IVF financing, or surrogacy financing. The numbers are too large for us to be able to help everyone with ivf funding regardless of the fact that we really wish we could. The second issue that affects everyone in the world is the actual IVF cost and surrogacy cost for the different types of procedures. This leaves a bad taste in most everyone’s mouth as everyone is trying to figure out why they can’t have children naturally, or why does surrogacy cost so darn much.
Financing IVF costs is one of the only ways that you can actually have the family of your dreams. As a company that is striving to get donations to help as many people as we can, we also understand that IVF financing is almost inevitable. In fact our founders Jamie and Jacob Pursley have had to use surrogacy financing for the majority of their surrogacy costs. Unfortunately going into debt for them is very difficult, they both despise debt, have never had car payments, and before this tragic event only had a house payment. But, this isn’t just a new car, a TV, or new furniture for your house that you can get approved instantly for 10 years of 0% and 5 years of that with no payments (maybe exaggerated). This is your life you are building and doing anything for your child is first.
The first items for ivf financing you need to be aware of are interest rates, and the fact that most likely this will be a personal loan that requires a higher interest rate. You should first check with your IVF clinic to see if they offer or participate in any ivf financing, or surrogacy financing programs. Pay close attention to the interest rates and length of payoff you don’t want to finance this amount over 7 years because your payment is $100 a month lower, stop eating lunch out and the problem is solved. You may find that a peer to peer lending company offers a better interest rate and payoff terms, leaving you with the least total out of pocket for your IVF costs.
Jacob spent quite a few hours doing research for the best rates and payoff terms, your credit score will be your best friend at this time. A couple of places that will instantly approve you and offer some of the best interest rates on personal loans for financing ivf costs and surrogacy costs are Prosper and The Lending Club. Jacob had instant approvals from both within minutes. Prosper succeeded with the best rates on a $20,000 personal loan with 36 month payoff. The Pursley’s loan amount is much higher than an average IVF cycle cost due to their need for surrogacy financing.
Financing IVF costs is one of the only ways that you can actually have the family of your dreams. As a company that is striving to get donations to help as many people as we can, we also understand that IVF financing is almost inevitable. In fact our founders Jamie and Jacob Pursley have had to use surrogacy financing for the majority of their surrogacy costs. Unfortunately going into debt for them is very difficult, they both despise debt, have never had car payments, and before this tragic event only had a house payment. But, this isn’t just a new car, a TV, or new furniture for your house that you can get approved instantly for 10 years of 0% and 5 years of that with no payments (maybe exaggerated). This is your life you are building and doing anything for your child is first.
The first items for ivf financing you need to be aware of are interest rates, and the fact that most likely this will be a personal loan that requires a higher interest rate. You should first check with your IVF clinic to see if they offer or participate in any ivf financing, or surrogacy financing programs. Pay close attention to the interest rates and length of payoff you don’t want to finance this amount over 7 years because your payment is $100 a month lower, stop eating lunch out and the problem is solved. You may find that a peer to peer lending company offers a better interest rate and payoff terms, leaving you with the least total out of pocket for your IVF costs.
Jacob spent quite a few hours doing research for the best rates and payoff terms, your credit score will be your best friend at this time. A couple of places that will instantly approve you and offer some of the best interest rates on personal loans for financing ivf costs and surrogacy costs are Prosper and The Lending Club. Jacob had instant approvals from both within minutes. Prosper succeeded with the best rates on a $20,000 personal loan with 36 month payoff. The Pursley’s loan amount is much higher than an average IVF cycle cost due to their need for surrogacy financing.
Surrogacy costs are rising all the time. IVF Financing is only one option for IVF funding.
I recommend going with the easiest company with the best rates, Prosper seemed to have the easiest process and very good rates. Let’s face it who needs more stress than what you are currently dealing with. After both approvals the Pursley’s had finally heard back from their fertility clinic about their ivf financing partner Springstone. With a very similar process to Prosper they were provided with same day approval, and were only required to fax in a signature to confirm the loan for their surrogacy cost. The interest rates and term was comparable to Prosper but there was one final deciding factor that helped them make the decision. Low stress, Jacob is a worrier and constantly stressed about the future, with Springstone they fund the clinic directly, and the clinic is able to apply payments for services to that amount relieving you of one more issue. You are no longer being bothered with what is owed when, and if you have transferred the money so you can write a check at the time service is rendered.
Having the clinic funded directly is actually relieving knowing you can focus on the building of your family and the memories you are creating instead of the checks you are writing. Also keep in mind that if the rates wouldn’t have been there, it’s not so convenient that you should pay an extra few percent on your ivf financing bill. You are building your future, not trying to destroy it, please spend the time to do your homework here. Surrogacy costs are very expensive and require a pro-active approach at surrogacy financing. First talk with your clinic to understand what options the offer for financing ivf, and finally you need to do your research with reputable companies to avoid scams.
If you are interested in applying with Prosper (it’s free) just click below.
Having the clinic funded directly is actually relieving knowing you can focus on the building of your family and the memories you are creating instead of the checks you are writing. Also keep in mind that if the rates wouldn’t have been there, it’s not so convenient that you should pay an extra few percent on your ivf financing bill. You are building your future, not trying to destroy it, please spend the time to do your homework here. Surrogacy costs are very expensive and require a pro-active approach at surrogacy financing. First talk with your clinic to understand what options the offer for financing ivf, and finally you need to do your research with reputable companies to avoid scams.
If you are interested in applying with Prosper (it’s free) just click below.