An IVF (in vitro fertilization) loan offers a source of funding for people who are seeking IVF fertility treatment. Data from the Centers for Disease Control and Prevention suggests that nearly 13% of U.S. women 49 years of age and younger have used infertility services at some point in their lives. Health insurance doesn’t always cover the cost of fertility treatments, which can cost anywhere from $12,000 to $17,000 per cycle on average.
For individuals who can’t afford to pay the costs of these treatments with cash, IVF loans fill an important gap. We evaluated over 20 IVF loan providers to understand their reputations, how much an IVF loan will cost, how long you have to repay the loan, what it takes to qualify, and how quickly you can get approved. All of the best IVF loan providers are reputable companies that offer competitive rates and terms, as well as quick approvals.
Best Overall : LendingClub Patient Solutions
LendingClub Patient Solutions was selected as offering the best overall IVF loans based on its great reputation, long repayment terms of up to 84 months, no minimum credit score requirement, and competitive rates starting at an APR of 4.99%.
Excellent 4.7-star Trustpilot rating
Competitive APR starting at 4.99%
No origination fee or prepayment penalty
Long 84-month repayment term
No minimum credit score requirement
No rating with the BBB
LendingClub Patient Solutions works with healthcare providers to offer financing for fertility treatment. LendingClub has been in business since 2006 and is headquartered in San Francisco, California. Although LendingClub Patient Solutions is not accredited with the Better Business Bureau (BBB), it does have a 4.14 of 5-star customer rating with the BBB and an excellent 4.7-star Trustpilot rating.
With LendingClub Patient Solutions, you can get a loan from $2,000 to $50,000 that can be used to finance IVF treatments and medications, genetic testing, donor services, and fertility preservation. Once approved, LendingClub Patient Solutions will send payments for your fertility treatments directly to your healthcare provider. It only takes minutes to apply online, and you can get funded in a few days.
You’ll be given between 24 and 84 months to repay your IVF loan. Many of the other lenders we reviewed only offer repayment terms up to 60 months. Rates on IVF loans with LendingClub Patient Solutions start at an APR of 4.99% and go up to 24.99%. Your rate will depend on your qualifications and the repayment term you choose.
We spoke with a customer service rep at LendingClub Patient Solutions who explained there are no origination fees and you won’t be charged a prepayment penalty. We also learned that, after you apply online, LendingClub will perform a soft credit check to evaluate your overall credit history and determine if you meet its eligibility requirements. This means it’s possible you could be approved even if you don’t have perfect credit, and your credit score won’t be affected.
Runner-Up, Best Overall : LightStream
We chose LightStream as the runner-up to the best overall IVF loan based on its quick funding speed, competitive APR starting at 5.95%, long repayment terms of up to 84 months, and good reputation.
Excellent A+ rating with the BBB
High maximum loan amount of $100,000
Competitive APR starting at 5.95%
No origination fee or prepayment penalty
Long repayment terms up to 84 months
Low 2.8-star rating with Trustpilot
High minimum loan amount of $5,000
LightStream is a Truist Bank division (formerly known as SunTrust Bank) that offers IVF financing through unsecured personal loans. Truist Bank has been in business since 1872 and is headquartered in Charlotte, North Carolina. The company has an excellent A+ rating with the BBB. Although LightStream’s Trustpilot rating of 2.8 stars is low, it’s based on a handful of reviews that are not specific to its IVF loan product.
With LightStream, you can get loans starting at $5,000 all the way up to $100,000—the largest of the providers we reviewed—to finance all of the costs associated with your fertility treatments. Repayment terms on an IVF loan from LightStream range from 24 to 84 months, with APRs starting at 5.95% and going up to 20.49% (19.99% if you opt for autopay). Plus, there are no origination fees or prepayment penalties. These terms are among the best of the IVF loan providers we reviewed.
Even though LightStream doesn’t specify a minimum credit score, you can expect to need good-to-excellent credit to qualify for this IVF loan. LightStream is generous with its definitions of good and excellent credit, focusing on your overall credit characteristics (e.g., recent credit history, level of income, etc.) rather than simply reviewing your credit score. When you’re ready to apply for an IVF loan with LightStream, the application only takes minutes to complete online, and you can get funded as soon as the same day.
For more information about borrowing with LightStream, read our full LightStream Personal Loan Review.
Best Personal Loan : LendingUSA
In addition to working with many healthcare providers directly to provide IVF loans, LendingUSA can get you approved for a personal loan even if it doesn’t have a merchant relationship with your fertility clinic. This flexibility regarding the medical providers you can use combined with the company’s good reputation and no-interest promotional periods are why we chose LendingUSA as offering the best personal loan for fertility treatments.
Excellent A+ rating with the BBB
Great 4.2-star rating with Trustpilot
Interest-free promotional periods offered
No prepayment penalty
Fair credit score of 620 or better required
Low maximum loan amount of $12,000
Unavailable in CO, CT, IA, MD, ND, NH, NY, WV, VT, PR, and other unincorporated territories
High APRs of 10.99% to 29.99%
High origination fee of up to 8%
LendingUSA offers personal loans that can be used to finance fertility treatments in most states. Notably, the websites MyFertilityLoan.com and MedicalFinancing.com are both owned by LendingUSA. LendingUSA has been in business since 2015 and is headquartered in Sherman Oaks, California. The company has an excellent A+ BBB rating and a great 4.2-star Trustpilot rating.
You can get an IVF loan with LendingUSA from $1,000 to $12,000, the smallest maximum loan amount of the options we reviewed. This is important to note as the American Society for Reproductive Medicine (ASRM) suggests an IVF cycle in the United States costs a little over $12,000. However, your actual IVF costs per cycle might be higher than average due to the potential for extra expenses related to medication and ICSI fertility services or if you need to do more than one cycle. Make sure to get a realistic estimate of your treatment costs upfront before choosing a loan provider.
While rates with LendingUSA are high, with APRs ranging from 10.99% to 29.99%, a customer service representative shared that the company offers no interest on principal promotions. You won’t pay any interest if you repay your loan during the promotional period (e.g., six months). You’ll still have some costs, though, as LendingUSA typically charges an 8% origination fee.
Many healthcare providers work directly with LendingUSA to offer IVF loans. Even if your provider doesn’t work with LendingUSA, you can still apply for a personal loan for your fertility treatments, just give LendingUSA information about your clinic. To qualify, you’ll need a credit score of 620 or better, per a customer service agent. You can apply online in minutes and get funded in three to five business days.
Best Grant : Baby Quest Foundation
We chose Baby Quest Foundation as offering the best grant for IVF funding because it has a good reputation, offers grants to permanent U.S. residents twice a year for a variety of fertility treatments, and makes funding available to same-sex couples, single parents, and other non-traditional families.
Good silver seal of transparency with Guidestar
Grants typically range from $2,000 to $16,000
No specific income threshold is required to qualify for the grant
Grants are available to singles, same-sex couples, and heterosexual couples
Requires a $50 grant application fee
Expenses for procedures already incurred or scheduled are not covered
Fertility treatment must begin within three months of receiving the grant
Baby Quest Foundation is a 501(c)(3) non-profit organization formed to give hope to people struggling with infertility. Since its formation in 2011, Baby Quest has issued nearly 140 grants with awards totaling $2.2 million, helping bring more than 100 babies into the world. Baby Quest has a good reputation, evidenced by its silver seal of transparency with GuideStar. Baby Quest Foundation also promotes diversity, opening up its grants to single people, same-sex couples, and heterosexual couples.
Grants are issued by Baby Quest two times a year, with the quantity and amounts varying based on funding availability. While Baby Quest doesn’t provide details about the grant amounts, the highly reputable infertility organization RESOLVE suggests these grants have an expected dollar range of $2,000 to $16,000. This amount includes a combination of both money and fertility medication.
Unlike the other IVF financing options on our list, with a Baby Quest grant you won’t have any interest costs nor will you need to repay the grant. However, you will need to pay a non-refundable $50 application fee.
Make sure to review the eligibility requirements before you apply for a Baby Quest Grant, and check their website for application schedules. While there aren’t income thresholds, you must prove you can provide for your future child’s needs. You also need to have health insurance, be in good overall health, be unable to conceive naturally, and begin your treatment within three months of receiving the grant, among other requirements.
Best Provider Financing : Future Family
We chose Future Family as the best IVF provider financing because the company provides you with an account manager who will help you develop a custom plan with the best fertility clinics in your area during the approval process. Plus, Future Family’s rates and terms are competitive.
Excellent 4.8-star rating with Trustpilot
Competitive APRs from 7.99% to 15.99%
No origination fees or prepayment penalties
No information available from the BBB
Repayment term is limited to 60 months
High minimum loan amount of $5,000
Future Family is a financial services company available in all 50 U.S. states focused specifically on helping people solve their fertility issues. The company was founded in 2017 and is headquartered in San Francisco, California. Although the company doesn’t have a BBB rating, Future Family has an excellent 4.8-star rating with Trustpilot.
With Future Family, you can get loans ranging from $5,000 to $50,000 for IVF treatments or egg freezing. You can apply online and know if you’re pre-approved within minutes. If pre-approved, you’ll work with an account manager to develop a plan with the best fertility clinics in your area. After your IVF loan is finalized, Future Family will make payments for your fertility treatments directly to your healthcare providers, pharmacies, and any other third parties specified in your loan agreement.
You can expect to pay an APR ranging from 7.99% to 15.99% over a repayment period of up to 60 months for your IVF loan with Future Family. There aren’t origination fees and you won’t be charged a prepayment penalty if you repay the loan early.
To get approved, you need a FICO credit score of at least 680. As with many of the other providers we reviewed, Future Family uses a soft credit check so your credit won’t be affected if you aren’t approved.
If you aren’t approved for an IVF loan with Future Family, you can add someone with an excellent credit score (720 or better) and good income as an applicant. You can also ask a family member with excellent credit to take out the loan in their name and make the payments for you.
Best for Bad Credit : United Medical Credit
We chose United Medical Credit as the provider offering the best IVF loan for bad credit since the company doesn’t have a minimum credit score requirement but still has a good reputation.
Great A rating with the BBB
Minimum APR of 2.99% is very competitive
No prepayment penalty
No minimum credit score requirement
Average 3.29-star customer BBB rating
Maximum APR of 35.99% is high
Origination fee may be charged (included in APR calculation)
United Medical Credit is headquartered in Irvine, California, and offers IVF loans nationally. The company has an A- rating with the BBB and has been in business since 2011.
A United Medical Credit customer service representative confirmed that you can get IVF loans ranging from $1,000 to $35,000 and your loan can be used to pay for various fertility treatments, including in vitro fertilization and egg freezing. The rate you receive will depend on the length of repayment and your qualifications, with the APR ranging from 2.99% to 35.99%. You may be required to pay an origination fee, which is factored into the APR. Repayment terms range from a low of 12 months to a high of 60 months. You can repay your loan early, though, as there is no prepayment penalty.
A customer service representative also confirmed United Medical Credit doesn’t have a minimum credit score requirement. When you apply for an IVF loan, United Medical Credit will match you with a lender that best meets your needs. Rather than solely focusing on credit score, factors such as your credit history, income, debt-to-income ratio, and how long you’ve lived at your current address will also be considered. This means it’s possible that individuals with a bad credit score could qualify for an IVF loan with United Medical Credit.
After applying online, you’ll receive a decision from United Medical Credit within 24 hours. If you haven’t already identified a healthcare provider, United Medical Credit can send you a list of providers in your area.
We evaluated over 20 providers to find the best IVF loans for a variety of needs. Although the lowest interest rates are reserved for people with excellent credit scores and qualifications, there are also IVF loan options for individuals who don’t have perfect credit. You can expect to receive funding ranging from a low of $1,000 all the way up to $100,000 with repayment terms extending to as long as 84 months. Rates for the IVF loans included on our list range from an APR of 2.99% on the low end to an APR of 35.99% on the high end.
Although all of the IVF loans on our list are good options, we chose LendingClub Patient Solutions as the best overall because the company has a great reputation, you’ll pay a competitive rate, and you can get repayment terms as long as 84 months.
|Provider||Why We Picked It||Cost|
|LendingClub Patient Solutions||You’ll get competitive rates and terms from a company with a great reputation.||4.99% to 24.99% APR|
|LightStream by SunTrust||You can get funded as soon as the same day with competitive rates and terms.||5.95% to 20.49% APR|
|LendingUSA||You can work with the provider of your choosing, and there are interest-free promotional periods.||10.99% to 29.99% APR|
|Baby Quest Foundation||Grants are available to people with diverse family situations, including LGBTQ couples.||$50 application fee|
|Future Family||You’re assigned an account manager to help you create a custom plan with your provider.||7.99% to 15.99% APR|
|United Medical Credit||Even people with bad credit can potentially get funding.||2.99% to 35.99% APR|
What Is an IVF Loan?
An IVF loan is financing you can use to pay for fertility treatments. Instead of directly receiving the funds, your lender will typically disburse the IVF loan funds to your fertility clinic, pharmacy, or other approved provider. While the details will vary by lender, you can typically use IVF loans to pay for in vitro fertilization, medication, egg freezing, and other fertility treatments.
What Are Other Ways to Pay for IVF (Besides Loans)?
If you don’t have enough cash to pay for IVF treatment and don’t want to take out an IVF loan, you have other options. One of the first things you can try is to see if your insurance company will cover the costs. Many states now have fertility insurance coverage laws, so this is a great place to start. You can also use funds you’ve saved in your Health Savings Account, borrow the money from your family or friends, or even use the equity in your home to pay for your IVF by taking out a home equity line of credit (HELOC).
Who Should (or Shouldn’t) Get an IVF Loan?
Starting a family isn’t always easy, with estimates from the Centers for Disease Control and Prevention suggesting that approximately 10% of U.S. women up to age 44 have trouble getting or staying pregnant. Infertility treatment comes at a cost, which isn’t always covered by health insurance. This means the costs for IVF sometimes need to be paid for out of pocket. An IVF loan is a good option for people who have enough cushion in their budgets to repay the loan over a period of two to five years (sometimes as long as seven years).
Although you may be able to get an IVF loan with bad credit, it’s important to make sure you’ve dealt with whatever situation led to your credit issues before taking on more debt. If you can’t repay the IVF loan easily or have other financial challenges, you might be better off seeking other IVF funding options. For example, you could try to get a fertility grant or even use crowdfunding to pay for your medical expenses.
How Much Does an IVF Loan Cost?
The amount you pay for an IVF loan will depend on your qualifications and how long you need to repay the loan balance. The lowest rates are on IVF loans with the shortest repayment terms given to most creditworthy people (e.g., excellent credit scores and low debt-to-income ratios). The annual percentage rate on IVF loans averages from a low of 5% to a high of 25%.
How We Chose the Best IVF Loans
To choose the best IVF loans, we reviewed over 20 providers to understand how much you can expect an IVF loan to cost, the length of the repayment terms you can expect to receive, what it takes to qualify for the loan, how quickly you can get funded, and the reputations of each provider. Companies with good reputations offer the best IVF loans, which come with competitive rates, terms, and qualifications.
All of our IVF loan choices are affordable, offer funding for a variety of fertility treatment needs, can get you approved quickly, and are provided by reputable companies.