Bankers Healthcare Group

What a waste of Time!! Eric Jacopelle is so unprofessional. He made me lose days with questions and forms, after I clearly asked upfront about our actual financial situation which was top tier (756). Do not fall into the trap, this company is pure rubbish and does not usually lend money

Loan sharks for the physician in immediate need. They are courteous, and they do process high loan amounts quickly. However, with this risk to them, comes a great price from us, the clients. They charge more than twice the interest rates of standard banks. This would be acceptable, except for the fact they do not allow repayment of the loan principal for the first three years after you take out the loan. So, even if you can pay back the loan within months to a year, you’re forced to pay their high interest and let it accrue for at least three years. they also tack on 10-15% processing fees for the loan amount, which is added to the loan amount you will owe. If you are in dire need, yes, they are there for quick funding. But know that their service comes with a very high price. Also be aware that most the reviews here are high because they barrage you with prompts to leave reviews while you’re in that grateful/relief stage right after you get your loan. I waited over a year. This is my response about the cumulative experience.

they were very hands on until I said I needed an answer today ( three days after the application not 24 hours as advertised). I believe that they are just trying to get your personal information with no intention of following through. be careful

I am going through end of the process of getting a loan that I plan to use for debt consolidation. The process was easy, considering my credit score, I feel I got a reasonable interest rate and offer. I very much appreciate the fact they send someone out to verify your identity, considering the ID fraud that happens in the world. So far so good and I’m set to get my money next week!!

I have never had a problem with getting funds quickly and easily from BHG. Both times I used the $ wisely and paid my loans in a year. It is important to realize they do have high fees and are required to pay for high cost insurance or attach to your personal life insurance. The insurance must be paid up front for the loan term and is non refundable even if paid off early. Rates are not bad for a non secured loan but I have a high credit score. When dealing with them ALWAYS negotiate your rate. ALWAYS take no greater then a 1 year lockout from paying back the loan. And ALWAYS be sure the funds are going to be able to generate a return on your investment that is much greater then the principle fees and combined interest.