Can you pay a BHG loan off early?
BHG allows each borrower to select the loan term that's right for them. So if you'd prefer a loan term of 36, 48, 60 or 72 months, BHG will work with you. As for fees, there are no prepayment penalties if you want to pay off your loan early.
What type of loan is BHG?
Aside from personal loans for health care professionals, BHG offers business loans, patient loans for medical expenses and credit cards. For a loan or credit card, you must be a licensed health care professional but do not have to own a practice.
Is BHG a legitimate lender?
Is BHG legit? Yes, Bankers Healthcare Group is a legit lender. Its website and application are both encrypted to keep your information safe, and it offers a variety of tools and information to help you make a good decision for your finances.
How does Bankers Healthcare Group work?
Bankers Healthcare Group is a direct lender that provides financing to licensed healthcare professionals such as physicians, dentists and veterinarians. In 2011, the company introduced a credit card option to support healthcare professionals.
Is BHG a legitimate company?
Is BHG Reputable? BHG earned an A+ rating from the Better Business Bureau and has 4.6 out of 5 stars from Trustpilot. Fortune magazine ranked BHG as No. 3 on its 2020 list of 30 best small and midsize workplaces in financial services and insurance.
What credit score do you need for BHG loans?
Details
| Min. Amount |
$20,000 |
| Loan Term |
1 to 12 years |
| Min. Credit Score |
660 |
| APR |
Starting at 7.99% |
| Requirements |
660+ credit score, no bankruptcies in the past year, licensed professional |
•
Jul 1, 2021
Does BHG do a hard inquiry?
At BHG, we believe that taking a loan to improve your financial situation is no reason for your credit score to take a hit. That's why we only execute soft credit pulls. When you consider BHG for financing, you can go through our entire application process and have peace of mind your credit score won't change.