Last Updated: 04/18/2025
BHG Personal Loans
Claimed
Last Updated: 04/18/2025
SuperMoney User Recommendation Score +16
Mostly recommended19 total votes
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Highlights
Community Rating
Mostly recommended
APR (Fixed APR)
7.99% - 25.21%(Verified 06/21/2024)
Disclaimer popup with additional information
Amount Range
$20,000 - $250,000
Loan Term (Months)
Up to 84
Number of Reviews
BHG Personal Loans Review
BHG Personal Loans is offered by Bankers Healthcare Group Inc., a direct lender founded in 2001 and based in Davie, FL. BHG Personal Loans are available in 27 states.
Key Takeaways
- APRs starting at 7.99%. Personal loan interest rates typically range between 9% and 36%. The starting rates for BHG Personal Loans are on the lower end of the spectrum.
- Large loan amounts. You can apply for loan amounts of up to $250,000 with BHG Personal Loans .
- Origination fee of 3%. This is on the low end for lenders that charge an origination fee. However, plenty of lenders don't charge an origination fee.
- Super long loan terms. BHG Personal Loans offers loan terms of up to 84 months. Most personal loans have a maximum term of 60 months.
BHG Personal Loans Pros & Cons
| Pros | Cons |
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BHG Personal Loans FAQ
What interest rates and personal loan terms does BHG Personal Loans offer?
BHG Personal Loans has lower than average interest rates for lenders reviewed on SuperMoney.
What interest rates does BHG Personal Loans offer?
BHG Personal Loans offers a fixed APR personal loan product that ranges from 7.99% APR up to 25.21% APR.
How much can you borrow via BHG Personal Loans?
Personal loan amounts start at $20,000 and go up to $250,000
What is the maximum loan term you can get with BHG Personal Loans?
BHG Personal Loans offers loans with terms of up to 84 months.
| Personal Loan Amount | $20000 - $250000 |
| Loan Term | up to 84 months |
| APR | 7.99% - 25.21% |
What fees does BHG Personal Loans charge?
Does BHG Personal Loans charge an origination fee?
BHG Personal Loans may charge a personal loan origination fee of 3% of the personal loan amount . BHG Personal Loans deducts the origination fee directly from your personal loan amount, so make sure you take this fee into account when deciding how much you need to borrow.
Does BHG Personal Loans charge a late fee?
BHG Personal Loans does not disclose whether it charges late payment fees.
Does BHG Personal Loans charge prepayment fees?
No, BHG Personal Loans does not charge prepayment fees. This means you will not have to pay additional fees if you decide to pay the personal loan off early.
| Origination Fee | 3% |
| Prepayment Fee | No |
| Late Payment Fee | No |
What do you need to qualify for BHG Personal Loans?
Applicants with a credit score that ranges above 700 may be eligible for BHG Personal Loans. The minimum age to be eligible is 18 or the state minimum, whichever is higher. BHG Personal Loans does not have or does not disclose a minimum annual income eligibility requirement.
U.S. citizens and permanent resident / green card holders are eligible to apply for the services offered by BHG Personal Loans.
To qualify, applicants may need to provide the following documentation:
- Driver's license or other government photo ID
- Government issued photo ID
- Proof of identity
- Proof of citizenship or residence permit
| Minimum Age | 18 |
| Bank Account Required? | No |
| Application Types Accepted |
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| Credit Score | Starting at 700 |
What is the estimated funding time for a personal loan via BHG Personal Loans?
BHG Personal Loans will typically fund loans starting at 5 business days of approval and clearing necessary verifications.
Does BHG Personal Loans report your account activity to credit bureaus?
Yes, BHG Personal Loans reports to the following credit bureaus:
- Equifax
- Experian
- TransUnion
Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and may help build your credit.
Does Bankers Healthcare Group Inc. perform a hard credit pull?
Yes, BHG Personal Loans performs a hard credit pull when you apply for a loan. Additionally, it doesn't provide the option to check your rates using a soft credit pull, a feature that many lenders offer.
Click here to get prequalified rates from multiple leading lenders without a hard credit pull. However, if you accept a loan offer, a hard credit pull will likely be performed.
Are BHG Personal Loans legit?
Bankers Healthcare Group Inc. was founded in 2001, it is a well-established company that has been in business for 25 years. Based on their "mostly recommended" SuperMoney community rating, they seem to be a reputable company.
SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.
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Learn MoreSuperMoney Net Recommendation Score
SuperMoney users mostly recommend this product, giving it a user recommendation score of +16, or 3.3 on a 5-point rating scale.
+16
-1000+100
No one recommends
Everyone recommends
BHG Personal Loans Community Reviews
Would you recommend BHG Personal Loans to your friends?
Danny Q.
Jan 4, 2024
May or may not recommend
BHG IS A TOTAL SCAM!!!! Sure, they are willing to help you obtain the funds you need, but AT A RIP OFF, COMPLETELY AND LEGAL STEAL from the borrower's hard-earned money. What started as a business venture for me has turned out to be a complete headache and most of all heartache! My original $50K loan, by the time this scammy company releases the "hold" on not paying off the ...Show More
N V.
Sep 19, 2023
May or may not recommend
I filled out an application online and was followed by 3-4 phone calls/voicemails/texts a day from them. I wasn't sure I needed the loan, due to already being approved by another lender, so I hadn't responded in a few days. The messages started to become rude, asking me why I bothered to apply in the first place and how "strange" it was that I wasn't answering my phone ...Show More
KS
Kateryna S.
Aug 27, 2023
May or may not recommend
Not too many companies offered large unsecured loans to grow my business
JW
James W.
Jul 11, 2023
May or may not recommend
Fast approval and transaction took less than week. Very happy with my communication with BHG. Would recommend BHG to anyone interested in getting a personal loan.
U
Anonymous
Jun 27, 2023
May or may not recommend
Avoid this company at all costs. On 4 separate occasions I asked to be removed from their mailing list. Every time they said they would, yet I continued to receive their mail at least once per week. Unsolicited and verging on harassment. I've never done business with this company, never will, and recommend you do the same. They will waste your money harassing people like me - and they don't ...Show More
Peter D.
May 18, 2023
May or may not recommend
Not sure what they are doing with personal information but prior to submitting personal and business information communication ended I called and emailed Joseph to follow-up 3 times. No response.
MW
Mark W.
Feb 6, 2023
May or may not recommend
DO NOT do business with BHG. They do not let you pay off your loan early !! I wanted to pay mine off after a year and it would have cost me 20K extra. Here's another reason. They opened up a credit card for me with 10K limit after I told them I would never do business with them again, they cut my credit to $1000 and it dropped my ...Show More
MC
Mazhar C.
Nov 25, 2022
May or may not recommend
Apart from high loan amounts, BHG has considerable interest rates and no extra charges. also I like it because it gives a considerably longer repayment period of time
LG
Leonardo G.
Oct 21, 2022
May or may not recommend
The worst experience from any loan company I've ever dealt with!
Non responsive at all!
Gave them all information required, received an email that loan was approved, funding was to be dispersed 2 to 3 days, no one returned calls or emails except for the secretary, after waiting nearly 3 weeks, I received a phone call saying my loan was denied, they got upset due to emails I sent out concerning ...Show More
JG
Julie G.
Sep 12, 2022
May or may not recommend
They will breach your contract. Not just once, but twice in the same year!! Fraudulent lending practices. "Partner" with banks, who will report to credit bureau(s), even though the contract states they will not. BREACH CONTRACTS AT WILL! No reparations for damages. RUN! AVOID!
Brian A.
Apr 12, 2022
May or may not recommend
I had the perfect dti and score was over 680. Even mortgage went well. My dti was at 43%. Passed through everything till we got to underwriting. That's when it just dropped out and they denied it. No explanation. Loan officer went from wow everything looks great till oh sorry we can't help you! Good thing I had several qualify companies. I was able to get a pool loan for ...Show More
LM
Louis M.
Mar 3, 2022
May or may not recommend
Apart from high loan amounts, BHG has considerable interest rates and no extra charges. also I like it because it gives a considerably longer repayment period of time
Taylor B.
Feb 14, 2022
May or may not recommend
Will recommend BHG, they were able to quickly give me a decision and the customer service was great at answering my many questions!
SR
Santiago R.
Feb 8, 2022
May or may not recommend
Normally when you look for companies that will provide you with credit, the first thing they look at is your own credit score.
And we already have the main problem.
But there are people, with good scores of 700 who are looking to reduce the interest rate of loans they already have, and this company is where it makes the difference.
In other words, my analysis makes me choose this option.
The reason ...Show More
U
Anonymous
Feb 7, 2022
May or may not recommend
My Experience was Great. My loan was processed and funded in 48 hours after completing my application. I worked Alex Salvatierra. He was extremely professional and explained all information in the loan documents, including additional fees, early payoff clauses, escrow funds, etc. I think it is very important to understand the terms of the loan documents, and to ask questions about all fees before simply signing ...Show More
OK
Olatunbosun K.
Oct 6, 2021
May or may not recommend
Using BHG Personal Loans is something that give you easy access to loans for your business, education, Medicals among other emergency financial needs. I will recommend them.
Zavion H.
Oct 1, 2021
May or may not recommend
BHG Personal Loans is a fast and easy way to apply for a personal loan. No need to visit a bank or walk into a store anymore - you can apply for a loan online from the comfort of your own home. With their quick, reliable service, it's never been easier to get your finances on track with a personal loan from BHG Personal Loans.
DJ
Daniella J.
Sep 17, 2021
May or may not recommend
I recently started using BHG and so far everything has been going very smoothly and I have no complaints. If you're a medical student or in the medical field and you need a loan but everyone is giving you a hard time, I recommend you try out BHG(Banker Healthcare Group).
NK
Natasha K.
Sep 14, 2021
May or may not recommend
I came to hear to say that I one hundred percent recommend this company. They are wonderful and although I am new to using them, I am so far completely satisfied.
Showing 19 of 19 reviews
