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Find a Location

Med Loan Finance has 1 locations, listed below.

*This company may be headquartered in or have additional locations in another country. Please click on the country abbreviation in the search box below to change to a different country location.

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    Business ProfileforMed Loan Finance

    Financial Services

    Additional business information

    Additional Info:
    Axford Enterprises Inc. doing business as Med Loan Finance is actively licensed with the Kansas Office of The State Bank Commissioner. License number NOT.0025617 (Verified as of May 26, 2017).  The Office of the State Bank Commissioner regulates all state-chartered banks, trust companies, mortgage businesses, supervised lenders, credit service organizations, and money transmitters that do business in the State of Kansas.
    See all additional business information

    At-a-glance

    Customer Reviews

    1/5stars

    Average of 1 Customer Reviews

    Customer Complaints

    1 complaints closed in last 3 years

    1 complaints closed in last 12 months

    Customer Reviews are not used in the calculation of BBB Rating

    Overview of BBB Rating

    Related Categories

    Overview

    Med Loan Finance is a loan processing company only that works with multiple lenders in obtaining loans which may include credit cards for medical purposes for their clients. Lenders include (but not limited to) banks, finance companies and credit card issuers. Med Loan Finance charges a processing fee for their service. Per company's fee schedule (last confirmed by BBB in 2012) Med Loan Finance fees range from $89.10 to $1,995.00 based on program selected and loan amount.

    Med Loan Finance states the following regarding Med Loan Finance.com Fees:

    For accounts that are approved and activated through their lending partners, Med Loan Finance.com has a processing fee (fee chart provided in online application), by default, this processing fee will be billed against the account selected on this application whether for the full amount you requested or less than the full request and the fee will be charged accordingly. If approved for more than requested, fees will be based on loan amount requested.

    Additionally, Med Loan Finance includes on the application the following statement regarding authorization to release credit information and credit policies:

    AUTHORIZATION TO RELEASE CREDIT INFORMATION AND CREDIT POLICIES
    By submitting my application, I authorize "Med Loan Finance", a loan processing company and / or their affiliated lending partners to run a credit report and verify the information I have provided. I understand "Med Loan Finance" will be acting as a Fee Based credit-processing agent on my behalf and therefore does not approve, deny, set the rate and terms, guarantee loan approvals or discriminate against anyone for any reason. As a part of this search, I fully understand my credit request may be presented to multiple credit issuing companies and/or search companies including (but not limited to) Banks, Finance Companies, Credit Card Issuers, and partnership programs with other such affiliated companies. I understand that I will be charged loan processing fees for these services. Furthermore, while calculated monthly, I understand that the total amount of the fees will be added to my base loan amount requested and become a part of my principal balance in most cases. I agree to "hold harmless" "Med Loan Finance" from any and all legal actions that might be taken as a result of a disputed matter with my Service Provider or Vendor.

    Business Details

    Location of This Business
    10515 W 148th Ter, Overland Park, KS 66221-9638
    BBB File Opened:
    3/13/2009
    Years in Business:
    22
    Business Started:
    1/1/2002
    Business Started Locally:
    1/1/2002
    Business Incorporated:
    1/14/1993
    Type of Entity:
    Corporation
    Alternate Business Name
    • Axford Enterprises, Inc.
    • MedLoanFinance.com
    Business Management
    • Jim Axford, Owner/President
    Contact Information

    Principal

    • Jim Axford, Owner/President

    Customer Contact

    • Jim Axford, Owner/President
    Additional Contact Information

    Fax Numbers

    • (800) 555-8122
      Primary Fax
    • (913) 685-8334
      Other Fax

    Phone Numbers

    Industry Tip

    BBB Tip: How to shop for financial services

    Customer Complaints

    1 Customer Complaints

    Need to file a complaint? BBB is here to help. We'll guide you through the process. How BBB Processes Complaints and Reviews

    File a Complaint

    Most Recent Customer Complaint

    07/20/2023

    Complaint Type:
    Billing Issues
    Status:
    Answered
    Complaint Details Unavailable

    Customer Reviews

    1 Customer Reviews

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    How BBB Processes Complaints and Reviews

    Start a Review

    Most Recent Customer Review

    Tamara R

    1 star

    12/01/2023

    I applied for a LOAN and instead MED LOAN split my original loan request onto two separate Credit Cards. I didn't want credit cards, I have those, and can apply for them for free, all by myself. After submitting my loan request, I immediately received an email notice, from two separate credit card companies, stating I was approved for two credit cards. I immediately called and I emailed Candice from MED LOAN Finance and she didn't answer or respond to me for four days straight. I didn't want credit cards, MED LOAN Finance charged me $500 plus in fees for the first credit card and now again another $800 in fees for the other credit card. Very unprofessional and deceiving loan finance company. DO NOT waste your time and money with this company.

    Med Loan Finance Response

    12/05/2023

    Consumer applied for credit, not only a LOAN as consumer is referring to. On our application and Loan Search Form it states, “I fully understand my credit request may be presented to multiple credit issuing companies and/or search companies including (but not limited to) Banks, Finance Companies, Credit Card Issuers, and partnership programs with other such affiliated companies.”. With the option the consumer selected, it states again, “This Program may include Credit Cards” It does not specifically say LOAN only as consumer states. The Loan Search Form also states, “Borrower(s): Do not sign this document unless you understand it!” Based on consumers credit it is presented to the best option for them. The reason we did not respond was because of the Thanksgiving holiday. The customer told us that their provider did not accept credit cards. They were closed on Thanksgiving. We confirmed that they did accept credit cards as in the past. We then responded to the consumer after the Thanksgiving holiday. The fees charged were electronically agreed to by the consumer on the Loan Search Form. We have been in business for over 20 years and process 100’s of applications weekly. If you have a question or don’t understand something, feel free to call us at 1-800-504-4053 and we will fully answer any questions you have or explain anything you don’t understand.

    Local BBB

    BBB of Midwest Plains

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