Doc2Doc Lending, a specialist finance company based in the US that provides personal loans for newly qualified doctors and students, has released a new guide that outlines 4 key steps to achieving financial health.
Portsmouth, United States - December 1, 2021 /PressCable/ —
The new guide suggests four main pathways for a new doctor to consider while planning or managing their finances and offers advice and guidance for those seeking personal financing solutions that avoid burdensome debt.
More information can be accessed at: https://www.doc2doclending.com/2021/11/16/financial-health-4-pathways-for-new-doctors-to-consider
The latest announcement is in line with the company’s vision of providing open and reliable financial advice to new doctors. The report is designed to help new physicians make informed decisions about their financial health.
One of the recommended pathways is to pay off any high-cost debt such as credits cards. According to the guide, this type of debt is the most expensive, with average APR rates at approximately 16%.
Doc2Doc Lending can provide a personal loan to consolidate such debts and offer a lower interest rate, potentially saving physicians thousands of dollars a year. These savings could be used to fund other projects or commitments.
A second pathway outlined suggests that putting money into savings helps to cover unexpected expenses such as emergency medical bills. The guide recommends saving three to six months’ worth of expenses to absorb any financial impact that unexpected or emergency bills can have on everyday life.
The guide goes on to discuss other effective hedging strategies that may help new doctors finance professional or personal life events. Doc2Doc Lending can help physicians finance relocations, continuing education, weddings, and more.
About Doc2Doc Lending
The company provides loans specifically for physicians, this means they can tailor interest rates to suit each client. APR rates start at 6.83% which is dependent upon factors including their training and qualifications.
Doc2Doc Lending understands that credit scores may not be stellar in the early stages of a medical career due to student loans, and so use a soft credit pull that will not affect credit ratings when assessing each application. Credit is subject to approval and all loans are provided by an FDIC member, the Bank of Lake Mills.
Interested parties can access: https://www.doc2doclending.com/2021/11/16/financial-health-4-pathways-for-new-doctors-to-consider
Contact Info:
Name: Greg
Email: Send Email
Organization: Doc2Doc Lending
Address: 809 State Street, Portsmouth, New Hampshire 03801, United States
Website: https://www.doc2doclending.com
Source: PressCable
Release ID: 89055097
