Hearing Aid Loan after Bankruptcy
Question: Is it worth applying to see if I can finance my hearing aids even if I've filed for bankruptcy in the past?
Answer: Absolutely. Many credit agencies will consider granting credit to applicants that have had previous credit problems on a daily basis. There are many reasons that people file for bankruptcy, many of which are not directly related to being financially irresponsible. Often times a person may have faced unfortunate circumstances, such as a divorce or loss of a job, which may cause them to be unable to pay their previous debts. Credit agencies recognize that not everyone's credit is perfect. While a patient's credit history does factor into a decision, if an applicant shows an ability and willingness to pay, they may be considered for approval.