How is the interest rate determined?

2021-08-19T14:17:12-06:00August 19th, 2021||

Your patients’ interest rates are determined by you and you alone. You may choose to charge no interest, or any rate you choose. Our system handles pre-qualification but does not assign interest rates based on credit scores or other risk factors.

How do I receive payment?

2021-08-19T14:16:13-06:00August 19th, 2021||

Receiving payments is effortless with Compassionate Finance. Each month, we’ll simply transfer your patients’ payments electronically into the account you specify during the process of setting up our system for your practice. You can change or add bank accounts at any time.

What happens if my patient doesn’t pay?

2021-11-17T15:39:36-06:00August 19th, 2021||

If a patient fails to make a payment, our system will automatically trigger a message to them with a reminder. After two missed payments, we begin to escalate the situation on your behalf. However, please remember that because we require automatic monthly payments, it is rare for a patient [...]

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