If you need a higher spending limit for additional treatments or expenses, you can request a spending limit increase with PatientFi. This process is simple and allows us to reassess your credit profile to determine if we can approve a higher amount.
How to Request a Spending Limit Increase
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Log In to Your PatientFi Account
- Visit the PatientFi Borrower Portal and log in using your credentials.
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Submit a Spending Limit Request
- Navigate to the section for spending limits and follow the prompts to request an increase.
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Soft Credit Check
- PatientFi will perform a soft credit inquiry, which does not impact your credit score.
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Review Your New Limit
- If approved, your new spending limit will reflect any outstanding balance already on your account.
Things to Keep in Mind
Approval Is Based on Creditworthiness
- A higher spending limit is not guaranteed.
- If your credit profile has improved, you may qualify for an increase.
- If your credit profile has changed negatively, you may not qualify for a higher limit.
Impact of Outstanding Balances
- Any new spending limit will account for outstanding balances on your current loans. For example, if you’re approved for $5,000 and have an existing balance of $2,000, your new spending limit for additional treatments will be $3,000.
FAQs
How Often Can I Request a Spending Limit Increase?
You can request an increase 30 days after your last application.
Does Requesting an Increase Affect My Credit Score?
No, PatientFi only conducts a soft credit inquiry for spending limit increases, which does not impact your credit score.
What Happens If My Request Is Denied?
If your request is denied, you can try again after improving your credit profile. Contact our Support Team for guidance.
Need Help?
If you have questions or need assistance requesting a spending limit increase, contact us at (866) 734-5979 or email support@patientfi.com. We’re here to help!
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