Can I get a loan specifically for a brand like Jabra Enhance or Eargo?

Yes. A personal loan is highly flexible. When you're approved, the funds are deposited into your bank account. You can then use that money to purchase any brand of hearing aid from any retailer, including directly from the Jabra or Eargo websites, or from stores like Best Buy and Amazon. You are not tied to a specific product or seller, giving you complete freedom of choice.

What is the minimum amount I can borrow for an OTC hearing aid?

Loan amounts typically start around $800 to $1,000, which aligns perfectly with the cost of many popular OTC and online hearing aid models. This ensures you don't have to borrow more than you actually need for your purchase, keeping your loan manageable and tailored to your specific expense.

How is this different from a payment plan offered by the hearing aid company?

A personal loan is a separate financial product from a third-party lender. This provides two key advantages: a fixed interest rate for the life of the loan and predictable monthly payments. Some retailer payment plans, especially those offered as "Buy Now, Pay Later," may have deferred interest, where a high APR is applied retroactively if the balance isn't paid in full by the end of a promotional period. A personal loan is more transparent from day one.

Will checking my rate for a hearing aid loan affect my credit score?

No. The initial application to check your potential rates uses a "soft" credit inquiry, which is not visible to other lenders and has no impact on your credit score. A "hard" credit inquiry, which can slightly affect your score, is only performed if you choose to proceed with a specific loan offer from a lender.

How quickly can I get the funds for my hearing aid purchase?

The process is designed to be fast. After you submit your online application, you can receive a decision on pre-qualification within minutes. Once you select a loan offer and complete the final verification steps with the lender, funds are often deposited into your bank account as soon as the next business day.

Can I use the loan to cover more than just the hearing aids?

Absolutely. You can request a loan amount that covers the total cost of your hearing health needs. This can include the price of the hearing aids, any necessary accessories like charging cases or cleaning kits, extended warranties or protection plans, and even a visit to a local audiologist for a hearing test if you choose.

Financing for Online & OTC Hearing Aids

Get the clarity you deserve with a simple payment plan for direct-to-consumer hearing aids from brands like Jabra, Eargo, and more.

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The arrival of high-quality, over-the-counter (OTC) and direct-to-consumer (DTC) hearing aids has been a game-changer. Brands like Jabra Enhance, Eargo, and Lexie have made effective hearing solutions more accessible and affordable than ever. However, even with lower prices ranging from $800 to $3,000, paying the full cost upfront can be a challenge, especially since many insurance plans offer limited or no coverage for these devices. A personal loan provides a straightforward way to bridge this gap, allowing you to get the hearing aids you need now and pay for them over time with predictable monthly payments.

The Challenge of Paying for Modern Hearing Aids

My insurance doesn't cover direct-to-consumer hearing aids.
A personal loan provides the funds directly to you, so you can buy from any online retailer or pharmacy, regardless of their insurance policies.
In-house financing from the retailer seems expensive or confusing.
We connect you with lenders offering transparent personal loans with fixed rates, so you know the total cost from the start.
I don't want to put a $2,000 purchase on a high-interest credit card.
Personal loans often have lower APRs than credit cards, potentially saving you hundreds in interest over the life of the loan.
I only need a small loan and don't want a complicated process.
Our platform specializes in matching borrowers with lenders who offer smaller loan amounts, with a simple online application that takes minutes.

Why a Personal Loan is a Smart Choice for OTC Hearing Aids

When you finance an online or OTC hearing aid, you’re not just buying a device; you’re investing in your quality of life. A personal loan offers a distinct set of advantages tailored for this kind of purchase. Unlike store credit or promotional financing that might have deferred interest clauses, an unsecured personal loan is beautifully simple. You receive a lump sum of cash that you can use to purchase your chosen device from any vendor—be it directly from the Jabra Enhance website, Eargo, or a retailer like Best Buy. The funds are yours to manage.

The primary benefit is financial predictability. With a fixed interest rate and a set repayment term (e.g., 24 or 36 months), your monthly payment never changes. This makes budgeting easy and ensures you won't face surprise interest charges down the line. Furthermore, it separates your financing from the product retailer. This gives you the freedom to choose the best hearing aid for your needs without being locked into a specific brand just because they offer a payment plan. You become a cash buyer, which can sometimes even open the door to discounts or special offers.

Get Your Hearing Aid Financing in 3 Steps

1
Complete a Short Online Form
Tell us how much you need to borrow. This initial step takes only a few minutes and won't impact your credit score.
2
Compare Your Loan Offers
If you pre-qualify, you'll see potential offers from our network of lenders. Review the APRs, terms, and monthly payments.
3
Receive Your Funds
Once you select an offer and are fully approved, funds are typically deposited directly into your bank account within 1-2 business days.

Example Cost for an OTC Hearing Aid Loan

Jabra Enhance Plus Hearing Aids

Retail Price

$799

Optional Premium Protection Plan

3-Year Plan

$149

Accessories (Extra Domes, Cleaning Kit)

Estimated

$50

Estimated monthly

$48/mo

Based on a 24-month loan at 14.99% APR. Your actual rate will vary.

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Check your personalized rate without affecting your credit score. It's fast, free, and secure.

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Understanding Loan Terms for Hearing Aid Financing

When you review personal loan offers for your hearing aids, you'll see a few key numbers that determine the total cost. The loan amount is straightforward—it’s the total you need to borrow. The term is the repayment period, typically between 12 and 36 months for smaller loans like this. A shorter term means higher monthly payments but less interest paid overall, while a longer term lowers your monthly payment but increases the total interest. The Annual Percentage Rate (APR) is the most critical figure; it represents the total cost of borrowing, including interest and any fees, expressed as a yearly rate. Your credit history, income, and existing debt will be the primary factors lenders use to determine your specific APR.

Loan amount: $800 – $3,000
APR: 7.99% – 35.99%
Term: 12 mo – 36 mo

Your actual rate depends upon credit score, loan amount, loan term, and credit usage and history. The APR is the cost of credit as a yearly rate. All loans are unsecured personal loans. Eligibility is not guaranteed, and requires that you meet credit and other conditions, including providing an acceptable application and verifications.

Personal Loans vs. Other Financing Options

When considering how to pay for your direct-to-consumer hearing aids, you have several choices. While options like Buy Now, Pay Later (BNPL) services or using a credit card are popular, a traditional personal loan often provides more structure and transparency. BNPL can be great for very small purchases, but for a significant expense like a hearing aid, the repayment terms can be short and inflexible. Credit cards offer convenience but typically come with high variable interest rates that can cause your balance to grow if you only make minimum payments. A personal loan provides a clear path to being debt-free within a defined period.

Comparing Payment Methods for OTC Hearing Aids

	Personal Loan	Buy Now, Pay Later (BNPL)	Credit Card
Interest Rate	Fixed APR (e.g., 8-35.99%)	Often 0% for a short term, then high APR	Variable APR (e.g., 20-30%)
Repayment Term	Flexible (1-3 years)	Rigid (e.g., 4 payments in 6 weeks)	Open-ended
Credit Impact	Builds credit with on-time payments	Varies; may not report positive history	Can increase credit utilization ratio
Best For	Structured, predictable payments for a significant purchase	Very short-term financing for smaller amounts	Existing cardholders who can pay off the balance quickly

What Lenders Typically Look For

Credit Score: Most lenders prefer a score of 600 or higher, but some partners work with borrowers with lower scores. A higher score generally leads to a lower APR.
Verifiable Income: You'll need to show a steady source of income from employment, self-employment, retirement, or other sources to prove you can repay the loan.
Debt-to-Income (DTI) Ratio: Lenders look at your total monthly debt payments relative to your gross monthly income. A lower DTI ratio is preferred.
Bank Account: A valid checking account is required to receive the funds and set up automatic payments.

Find Out What You Qualify For

See your potential loan offers in minutes. It's free, secure, and won't hurt your credit score.

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Example scenario

I decided to get the Jabra Enhance aids my son recommended, but didn't want to drain my savings. The loan process was surprisingly simple. I applied online, got approved, and had the money before the hearing aids even shipped. My monthly payment is very manageable.

David R.·Retiree, Florida

Key Terms to Know

Over-the-Counter (OTC) Hearing Aid: A class of hearing aids regulated by the FDA that can be purchased directly by consumers without a prescription or a visit to an audiologist. They are intended for adults with perceived mild to moderate hearing loss.
Direct-to-Consumer (DTC): A sales model where the manufacturer, like Eargo or Jabra, sells their products directly to the end-user via their website, bypassing traditional retail channels like audiology clinics.
Annual Percentage Rate (APR): The total cost of borrowing money over a year, including the interest rate and any associated fees. It's the best metric for comparing the cost of different loan products.

Frequently Asked Questions

Can I get a loan specifically for a brand like Jabra Enhance or Eargo?
Yes. A personal loan is highly flexible. When you're approved, the funds are deposited into your bank account. You can then use that money to purchase any brand of hearing aid from any retailer, including directly from the Jabra or Eargo websites, or from stores like Best Buy and Amazon. You are not tied to a specific product or seller, giving you complete freedom of choice.
What is the minimum amount I can borrow for an OTC hearing aid?
Loan amounts typically start around $800 to $1,000, which aligns perfectly with the cost of many popular OTC and online hearing aid models. This ensures you don't have to borrow more than you actually need for your purchase, keeping your loan manageable and tailored to your specific expense.
How is this different from a payment plan offered by the hearing aid company?
A personal loan is a separate financial product from a third-party lender. This provides two key advantages: a fixed interest rate for the life of the loan and predictable monthly payments. Some retailer payment plans, especially those offered as "Buy Now, Pay Later," may have deferred interest, where a high APR is applied retroactively if the balance isn't paid in full by the end of a promotional period. A personal loan is more transparent from day one.
Will checking my rate for a hearing aid loan affect my credit score?
No. The initial application to check your potential rates uses a "soft" credit inquiry, which is not visible to other lenders and has no impact on your credit score. A "hard" credit inquiry, which can slightly affect your score, is only performed if you choose to proceed with a specific loan offer from a lender.
How quickly can I get the funds for my hearing aid purchase?
The process is designed to be fast. After you submit your online application, you can receive a decision on pre-qualification within minutes. Once you select a loan offer and complete the final verification steps with the lender, funds are often deposited into your bank account as soon as the next business day.
Can I use the loan to cover more than just the hearing aids?
Absolutely. You can request a loan amount that covers the total cost of your hearing health needs. This can include the price of the hearing aids, any necessary accessories like charging cases or cleaning kits, extended warranties or protection plans, and even a visit to a local audiologist for a hearing test if you choose.

Ready to take the next step?

Personal loan disclosure

Money Savvy is not a lender. We are a marketing service that connects consumers with participating lenders. Rates, amounts, and terms vary by lender, your credit history, and other factors.

Loan amounts: $1,000 – $100,000
Repayment terms: 3 – 84 months
Min APR: 5.99%
Max APR: 35.99%
Origination fees: 0% – 10% of the loan amount
Late fees: May apply; vary by lender

Representative example: A $10,000 loan with a 36-month term at an 18.99% APR would have an approximate monthly payment of $366.39 and a total cost of $13,190.04, including interest and a $500 origination fee.

Your actual APR depends on your credit score, income, and other factors. Only borrow what you can afford to repay.

California residents: California Financing Law disclosures available upon request.

Hear more clearly, sooner.

A simple loan for your online or OTC hearing aids is just a few clicks away. Check your rate in minutes with no obligation and no impact on your credit score.

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