In reality, it is a matter of fact that people may need medical attention, especially if they got involved in an accident. Since the professional fees of doctors can be expensive, coupled with medications and perhaps laboratory exams and therapy, an average individual might find himself/herself in a financial situation.
In these cases, one resorts to borrowing. One can borrow from relatives or friends, often without interest. If there are no relatives and friends who can give the desired amount, there are always financial institutions that offer personal loans. Personal loans are products in the form of money. They are given specifically for personal use, like medical emergencies.
One pays for the use of the product by paying an interest on the borrowed amount. If a large amount is involved, repayment of the borrowed money can run for several months at regular intervals. Repayment schemes can vary, depending on the amount borrowed. There are establishments that give a rebate if the borrower pays before its due date. Rebates are also gained if the full amount borrowed is paid in full instead of installments. During these occasions, the borrower may be able to save from having to pay a large amount in interests.