How to Re-Apply for PatientFi Financing

If your previous application was declined, or if you want to try again for a potentially better spending limit, you may consider re-applying for PatientFi financing. Below, we’ll explain the waiting period requirements and offer tips on how to improve your chances of approval.

When Can I Re-Apply?

If Your Application Was Declined:
You must wait at least 30 days before submitting a new application. This waiting period gives you time to address any issues that may have contributed to the decline, such as paying down debts or improving your credit score.
If Your Spending Limit Expired:
There is no 30-day waiting period if your spending limit has expired. You may re-apply as soon as it expires. Take this opportunity to review your financial situation and ensure your information is current before submitting a new application.

How to Re-Apply

Log In to Your Account:
Visit the PatientFi Borrower Portal and log in using your credentials.
Start a New Application:
Follow the on-screen instructions to submit a new application. Confirm your personal details, make any needed adjustments to your gross annual income, and review the terms and conditions.
Review Your Information Carefully:
Double-check all personal, financial, and employment details for accuracy. Incomplete or incorrect information can lead to delays or another decline.
Submit Your Application:
Once everything is correct, click “Submit” to initiate a soft credit check. This will not affect your credit score.

Tips to Improve Approval Odds

Check Your Credit Report: Make sure there are no errors and that any negative marks are addressed.
Reduce Your Debt-to-Income Ratio: Paying down existing debt can show lenders you have more room to handle new credit.
Maintain Steady Employment: A stable, consistent income can improve your chances of approval.
Provide Accurate Information: Ensure all details in your application are up-to-date and correct.

FAQs

Will Re-Applying Affect My Credit Score?

No, PatientFi uses a soft credit inquiry, which does not impact your credit score.

Do I Need to Contact Support Before Re-Applying?

Not required, but if you have questions or need guidance on improving your chances, our Support Team is here to help.

If I Was Previously Approved, Can I Get a Higher Spending Limit When I Re-Apply?

Your new spending limit depends on your current credit profile and financial situation. Positive changes could result in a higher limit.

Need Assistance?

If you have any questions about re-applying or need help with your application, contact our Support Team at (866) 734-5979 or email support@patientfi.com. We’re here to support you every step of the way!