PRN Personal Loan For Dentists
Compared with high-interest credit cards, a PRN Loan is better debt. Fair and affordable personal loans for dentists, trainees and students starting as low as 8.49%1
PRN Personal Loan For Dentists
Fair, affordable personal loans for dentists, trainees and students to use as needed
We Give Doctors A Better Deal!
Fixed APR With Autopay Discount
8.49%
Average Credit Card
Fixed APR With Autopay Discount
23.24%
Average credit card rate accurate as of 2/28/23.
What Is A PRN Loan For Dentists?
A PRN Personal Loan gives you access to money when you need it most. Just as the name suggests, a PRN Loan – pro re nata or “as needed” – is designed specifically to give dental students, trainees and dentists access to money as needed.
Why Take Out PRN Personal Loan For Dentists?
The cost of residency application, board examination fees, life events, and relocation – how can you expect to pay for everything?
Dentists deserve a better option than being forced to use credit cards or ask family or friends for help.
And whether you are a dental student, trainee or practicing dentist you can have a period of reduced payments.
How Can You Get PRN Personal Loan For Dentists?
Our digital application can take as little as 8 minutes to complete and you do not need a cosigner. Then you can get funds in as little as 24 hours and it’s your money as needed.
Dentists & Dental Specialists
- Interest-only payments during first 6 months of loan4
- No cosigner required
- No fees
- Soft credit check that won’t impact your credit score
Rates as low at 8.49% APR
Dental Residents & Graduate Students
- Reduced interest-only payments during years 1 & 2 of loan 3
- No cosigner required
- No minimum credit score
- No fees
- Soft credit check that won’t impact your credit score
Rates as low at 12.00% APR
4th Year Dental Students
- No payments for 1 year
- Reduced payments during training 2
- No cosigner required
- No minimum credit score
- No fees
- Soft credit check that won’t impact your credit score
Rates as low at 12.36% APR
FAQs
U.S citizens or permanent residents who are:
- Enrolled full time in a U.S-based accredited dental school in their fourth year.
- Training in a U.S. dental residency or graduate school.
- Working as a practicing dentist or dental specialist with an active license in good standing.
Yes you can! You can even have multiple PRN Personal Loans with Panacea. We set total borrower amounts based on your current status: fourth-year student, in-training, or in practice. You can borrow up to the maximum amount for your status. For students that’s $15,000, for trainees it’s $30,000, and for practicing dentists it’s $75,000.
For any number of reasons! Many use our PRN Personal Loan for doctors to refinance toxic credit cards, pay for moving expenses, home renovations, or any unexpected life cost like healthcare bills! No one should borrow more than they need but doctors should have a healthier option of debt instead of depending on credit cards or borrowing from friends or family.
We don’t require a cosigner for a PRN Personal Loan for dentists because we know you are trustworthy and deserve to be treated like an adult. Traditional banks don’t understand that which is why they can ask for cosigners in order to offer their lowest rates.
The application process takes less than eight minutes online. And if you choose a Panacea Checking account, you can get your funds in as little as 24 hours.
- As a dental student, you don't have to make payments for one full year! Then you'll pay interest-only for up to 3 years.
- As a dental resident or graduate student, you'll only pay the interest on your loan for the first few years, depending on your term.
- As a practicing dentist or dental specialist, you'll only have to pay the interest for the first 6 months, then your full payments will start.
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