Getting a $15,000 personal loan be easier than managing hundreds of thousands of dollars in US medical debt due to several key factors:

Loan Amount

• Personal Loan: $15,000 is a smaller, more manageable amount for lenders to approve, increasing the likelihood of approval.
• US Medical Debt: Hundreds of thousands of dollars represent significantly higher risk for lenders. This makes loan approval more difficult and interest rates higher.

Collateral and Risk

• Personal Loan: Unsecured personal loans for smaller amounts are common. Creditworthiness and income are major factors.
• US Medical Debt: This debt often accrues due to emergencies, potentially impacting credit scores, further complicating loan or payment plan negotiations.

Payment Terms

• Personal Loan: Repayment terms for a $15,000 loan can be structured over a reasonable period, aligning with a typical personal loan structure.
• US Medical Debt: Negotiating manageable payment plans for very large medical debts can be challenging and may involve complex arrangements with hospitals or collection agencies.

Financial Impact

• Personal Loan: A $15,000 personal loan, while still a debt, is a more predictable financial obligation with fixed payments.
• US Medical Debt: Accumulating massive medical debt in the US can lead to bankruptcy, damaged credit, and long-term financial instability.

Healthcare Costs

• Thailand Treatment: Medical costs in Thailand can be significantly lower than in the US, making a $15,000 loan a plausible amount to cover treatment, travel, lodging, transportation and all other living expenses for several months.
• US Treatment: Cancer treatment in the US is extremely expensive, resulting in astronomical bills that quickly escalate, leading to debt that far exceeds what a personal loan might reasonably cover.