Financial Services
Med Loan FinanceAbout
Important 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.
About This Business
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
- Local BBB:
- BBB of Midwest Plains
- BBB File Opened:
- 3/13/2009
- Business Started:
- 1/1/2002
- Business Started Locally:
- 1/1/2002
- Business Incorporated:
- 1/14/1993
- Type of Entity:
- Corporation
- Alternate Names:
- Axford Enterprises, Inc.
- MedLoanFinance.com
- Business Management:
- Jim Axford, Owner/President
Additional Contact Information
- Principal Contacts
- Jim Axford, Owner/President
- Customer Contacts
- Jim Axford, Owner/President
- Fax numbers
- Primary Fax: (800) 555-8122
- Other Fax: (913) 685-8334
- Additional Phone Numbers
- Other Phone: (913) 685-1282
Additional Information
- Refund and Exchange Policy
- Company states once conditions are met and your card is charged that their fees are non-refundable.
- Business Categories
- Financial Services
Industry Tip
More Resources
Featured Content
BBB Business Profiles may not be reproduced for sales or promotional purposes.
BBB Business Profiles are provided solely to assist you in exercising your own best judgment. BBB asks third parties who publish complaints, reviews and/or responses on this website to affirm that the information provided is accurate. However, BBB does not verify the accuracy of information provided by third parties, and does not guarantee the accuracy of any information in Business Profiles.
When considering complaint information, please take into account the company's size and volume of transactions, and understand that the nature of complaints and a firm's responses to them are often more important than the number of complaints.
BBB Business Profiles generally cover a three-year reporting period. BBB Business Profiles are subject to change at any time. If you choose to do business with this business, please let the business know that you contacted BBB for a BBB Business Profile.
As a matter of policy, BBB does not endorse any product, service or business. Businesses are under no obligation to seek BBB accreditation, and some businesses are not accredited because they have not sought BBB accreditation. BBB charges a fee for BBB Accreditation. This fee supports BBB's efforts to fulfill its mission of advancing marketplace trust.