In Vitro Fertilization (IVF) Loans

Get stress-free financing for fertility treatments.

Deciding to use vitro fertilization (IVF) to start a family is a big decision that can have significant emotional and financial impacts. If you don’t have all the cash on hand to pay for the treatments, you may be considering a loan to cover the costs. Learn how IVF loans work, how to apply and what to avoid.

Prosper Personal Loan

Prosper Personal Loans

You could borrow up to $35,000 for a variety of purposes, with rates starting from 5.99%.

  • Recommended Credit Score: 640 or higher
  • Minimum Loan Amount: $2,000
  • Maximum Loan Amount: $35,000
  • Loan Term: 3 or 5 years
  • Turnaround Time: 1-3 business days
  • Simple online application process
  • No prepayment penalties

    Compare personal loans you can use for IVF

    Rates last updated November 20th, 2017

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    Unfortunately, none of the personal loan providers offer loans for that credit score. If you are in urgent need of a small loan, you might want to consider a short term loan.
    Name Product Product Description Min. Credit Score Max. Loan Amount APR Requirements
    Laurel Road Personal Loans
    Get a personal loan with no application or origination fees and a rate discount for autopay.
    680
    $45,000
    From 5.5% (fixed)
    Must be a US citizen or permanent resident with a valid I-551 card
    Even Financial Personal Loans
    Get matched to the best loan offer instantly from top online consumer lenders.
    580
    $100,000
    From 4.99% (fixed)
    Must have a minimum credit score of 580+. Must be 18+ years old and be an American citizen or permanent resident.
    Prosper Personal Loan
    Borrow only what you need for debt consolidation, home improvements, special occasions and more — with APRs based on your credit score.
    640
    $35,000
    From 5.99% (fixed)
    Must be 18+ years old, an American citizen or US permanent resident and have a 640+ credit score.
    SoFi Personal Loan Fixed Rate (with Autopay)
    Borrow up to $100,000 with a competitive APR and no fees.
    Good to excellent credit
    $100,000
    From 5.49% (fixed)
    You must be a U.S. citizen or permanent resident, and 18 years or older.
    LendingPoint Personal Loans
    Get a personal loan with reasonable rates even if you have a fair credit score in the 600s.
    600
    $25,000
    From 15.49% (fixed)
    Must have a fair credit score of 600 or better and verifiable income. Must live in a state where LendingPoint services.
    LendingClub Personal Loan
    A peer-to-peer lender offering fair rates based on your credit score.
    660
    $40,000
    From 5.99% (fixed)
    You must be over 18 years of age, a permanent resident of the US or an American citizen and have a steady source of income.

    Compare up to 4 providers

    What IVF financing options are available?

    • In-house financing. Some fertility center break up the cost into more reasonable monthly payments without charging interest. Others offer discounted financing but could require you to pay upfront for treatments you may not end up needing. Check with your provider to see what can offer.
    • Unsecured personal loan. These loans don’t require collateral and are offered by online lenders, banks, credit unions and brokers. They can be used for just about any legitimate purpose, including IVF treatments. You may want to double-check if the lender has any purpose restrictions before applying to be sure.
    • Medical loan. Specialized medical financing options are available as well to cover a range of medical treatments, including IVF.
    • Fertility grants. Organizations like Bringing U Maternal Paternal Success (B.U.M.P.S.) and the Angels of Home Foundation offer grants to families struggling to pay for fertility treatment — typically around $10,000. You’re more likely to qualify for one if you don’t have health insurance that covers IVF.

    How much does IVF cost?

    The average cost for one course of IVF treatment is about $12,000. Since IVF isn’t always successfully after the first course of treatment, several attempts may be needed, possibly doubling, tripling or even quadrupling the total cost.

    Some health insurance policies cover fertility treatments. Be sure to check how much you’ll be responsible for, including deductibles, co-insurance and/or co-pays. Your health insurance policy may also have an annual maximum benefit that could put a cap on how much the insurance company will cover.

    What are the benefits of IVF loans?

    • Range of loan options. Depending on your eligibility, you can have your choice between a variety of borrowing options.
    • Reasonable terms and rates. Unsecured personal loans and medical loans can come with flexible repayment terms and competitive interest rates so you can borrow affordably.

    Things to avoid

    • Interest rates. Some IVF loans can come with high interest rates, resulting in you paying more over the course of your loan. If you have a poor credit history, expect to pay a higher interest rate.
    • Hidden fees and charges. When you apply for an IVF loan, it’s important to read the fine print to look for a list of fees and charges you might have to pay during the course of the loan. These can include application fees, origination fees, early repayment fees and late fees.

    How to apply for an IVF loan

    Many lenders allow you to complete online applications for IVF loans, so you can start the shopping process by comparing loans in the table above. The eligibility criteria and application process will differ depending on the lender you choose. In general, you should be a US citizen or permanent resident and at least 18 years old.

    When filling out the loan application, you’ll need to provide some personal information:

    • Contact details such as phone number, email address and mailing address
    • Income/employment information
    • Details of debts
    • Details of assets

    Frequently asked questions

    Yes. The VA started covering IVF funding assistance to veterans who have sustained injuries during their time in the military that’s affected their reproductive abilities. Members and former members of the military can also find discounts on IVF treatment and grants. The Department of Defense’s military health system TRICARE does not offer IVF coverage, however.
    No. Medicaid only covers essential medical expenses. Unfortunately, fertility treatment isn’t considered essential. Check with your local health department: It might offer IVF grants for struggling families.
    Sometimes. Some clinics have IVF refund programs, but they also often require full payment before you begin treatment.
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    US Personal Loans Offers

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    Prosper Personal Loan

    Borrow only what you need for debt consolidation, home improvements, special occasions and more — with APRs based on your credit score.

    LendingClub Personal Loan

    A peer-to-peer lender offering fair rates based on your credit score.

    SoFi Personal Loan Fixed Rate (with Autopay)

    Borrow up to $100,000 with a competitive APR and no fees.

    Upstart Personal Loans

    This newer service looks beyond your credit score to get you a competitive-rate personal loan funded by accredited investors.