HAYATI Healthcare Patient FAQs
1. What
are HAYATI Healthcare Financing ™
interest rates?
Interest rates range from 1.00% per month to 1.25% flat rate per month, depending on your procedure amount and credit standing. Because the rates are fixed, your monthly payments will not change. You can actually start treatment without any down payment required and then pay it off your patient financing, either through fixed monthly payments or through a lump sum.
Back
to Top
2.
How is my interest determined?
The interest rate depends upon your
treatment fee, by the length of the
term and your credit standing. You
can choose a 12, 18, 24, 36, 48 or 60
monthly payment plan. The interest
rate ranges from 1.00% per month to
1.25% flat rate per month. Because
the rates are fixed, your monthly
payments will not change. Good
Credit Standing is required.
Back
to Top
3.
Are interest rates fixed or variable?
Unlike many banks and other financial institutions, interest rates are fixed and as low as 1.00% flat rate per month!
Back
to Top
4.
When is my first payment due?
Your first monthly payment is due
4 weeks from the time we receive your
signed patient application form.
Back
to Top
5.
What would my monthly payments be?
To estimate your monthly payments,
use our Loan Repayment Calculator.
Back
to Top
6.
Is there a down payment needed?
There is no down payment required.
You simply make your monthly payments.
Back
to Top
7.
Can I prepay my loan?
Yes, you can prepay at any time, however
there will be a charge incurred of
3% on the balance prepaid.
Back
to Top
8.
How does HAYATI Healthcare Financing
™ differ from my Visa or MasterCard?
Save your Credit Cards purchasing
power for other household purchases,
like groceries, clothes, living expenses
or unplanned purchases. Unlike your
Visa or MasterCard, HAYATI Healthcare
Financing ™ is exclusive patient financing
for healthcare services.
If you need
more time to pay for your procedure,
you can take advantage of our extended
payment plans with low, fixed interest
rates. Our rates are fixed for the
entire length of your payment term,
unlike expensive variable rates offered
by Credit Cards. Additionally, the
interest rates we offer are lower
than those of many Credit Cards, which
mean that you will pay less!
Back
to Top
9. How do
I apply?
You can apply through our website,
using our secure online application
form. The process is fast and easy.
We'll ask you some very basic questions
to help you get pre-qualified. We
will inform you quickly to let you
know if and when you've been approved.
Most of our customers prefer the speed
and convenience of applying online
24/7. The majority of applicants can
expect to get a pre-approval decision
within seconds of submitting their
applications online!
Back
to Top
10. What
kind of information do I need to apply?
The process is fast and easy. To begin
your online application, all you have
to do is to select 'APPLY NOW for
a Healthcare Loan', even if you're
not ready to choose your doctor yet.
You will be required to enter personal
information, details of your current
employment and salary and further
information about your monthly outgoings,
existing liabilities and credit cards,
together with similar related information.
We will obtain and verify information that identifies you as a new account holder. You must have a total gross family income of AED 72,000 per year and be at least 21 years of age to apply. You will apply online through our website.
Data entered
in the loan application process will
be kept confidential and will be used
by HAYATI Healthcare Financing ™ and/or
its lenders for the purpose of eligibility
determination. Your security and privacy
are important to us. We take great
care to protect your information by
using a 128-bit secure socket layer
technology on our online application.
Back
to Top
11.
What is the minimum / maximum amount
I can finance?
Financing is available for healthcare
procedures ranging from AED 13,000
to AED 250,000.
Back
to Top
