This Business Is Not BBB Accredited

Med Loan Finance

Med Loan Finance

(800) 504-4053

Med Loan Finance

16 years in business
10515 W 148th Ter
Overland Park, KS 66221-9638
Fax Numbers
  • (800) 555-8122
  • (913) 685-8334
Additional Phone Numbers
  • (913) 685-1282
Additional Email Addresses
  • jim@medloanfinance.com
BBB File Opened: 03/13/2009
Business Started: 01/01/2002
Business Started Locally: 01/01/2002
Business Incorporated: 01/14/1993 in KS
Type of Entity
Corporation
Business Management
  • Jim Axford, Owner/President
Business Category
  • Financial Services
Additional Information
  • 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...
  • 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.

Alternate Business Names
  • Axford Enterprises, Inc.
  • MedLoanFinance.com
Refund & Exchange Policy: 
Company states once conditions are met and your card is charged that their fees are non-refundable.

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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.

BBB Reason for Ratings

BBB rating is based on 13 factors: Get the details about the factors considered.

Licensing information is provided in the BBB Business Profiles to inform the public about industries that may require professional licensing, bonding, or registration. Better Business Bureau encourages you to check with the appropriate agency to be certain any requirements are currently being met.
BBB promotes truth in advertising by contacting advertisers whose claims conflict with the BBB Code of Advertising. These claims come to our attention from our internal review of advertising, consumer complaints and competitor challenges. BBB asks advertisers to substantiate their claims, change ads to make offers more clear to consumers, and remove misleading or deceptive statements.
BBB reports on known significant government actions involving the business's marketplace conduct.
BBB reports on a company that is out of business for one year from the date the company closes its doors or ceases to do business.
BBB reports on unauthorized use of the Better Business Bureau's name and/or logo for as long as the business continues to use it in any advertising, or for one year after the business ceases any repeated unauthorized uses.
BBB reports on a business’s bankruptcy as long as the business remains in bankruptcy.
BBB reports when mail sent to the business was returned by the Postal Service.

Med Loan Finance

This Business Is Not BBB Accredited

Med Loan Finance

Customer Review Rating:

100%

Composite Score: