How to Finance the Cost of Ukrainian Surrogacy? - 2 part
0% Credit Cards: In the US, especially in the last few years, there have been a number of banks offering 0% credit cards. Some have no interest for up to 18 months. Although credit card interest is steep, this might be an ideal way of managing cash flow by providing intended parents the flexibility of making surrogacy payments that will be due over the course of the pregnancy while saving the money to pay off the credit card.
Pros: Helps manage your cash flow.
Cons: If the balance is not paid off on time the interest is very high. Mostly available in the US. Availability and credit offered depends on credit history.
Local Bank Loans: We recommend avoiding the huge banks. If you have a neighborhood bank or credit union this should be the very first stop for a loan. The interest is most often far below anything a credit card would demand.
Pros: Lower rates. Confidentiality.
Cons: Interest will vary depending on your location, bank and credit history.
Crowd Funding Sites: There are a number of popular crowd funding sites. Most cater to a particular audience. Kickstarter for example, is a platform that attracts investors to start-up companies. GoFundMe is probably the most diverse and well known. If you invest the necessary energy and time it can be a good source of funds that have no interest attached and don’t need to be repaid. To be successful it takes time and commitment to truly make your cause resonate with potential donors.
Pros: Donations are interest free and do not need to be reimbursed.
Cons: These sites are very public. For couples that value privacy and confidentiality this is not a good option.
Refinancing your home: This is a big step and should only be done with the advice of financial professionals. Depending upon the equity in your home, refinancing your mortgage could be a viable option.
Pros: Relatively easy. Low mortgages rates currently
Cons: This can be financially risky.
Our Financial Partner: Delivering Dreams International Surrogacy Agency works with a financial partner to offer loans up to $35,000. The amount of the loan and the interest rate depend on your credit score and credit history.
Pros: Independent and confidential.
Cons: High interest rates. Only available to US citizens. Amount of the loan and interest rates vary with your credit history.
Grants: Sadly, there are not many grants for IVF and surrogacy available. Still, it pays to do a thorough internet search. From time to time there are some available.
Pros: Grants are basically free money that does not have to be paid back
Cons: Requires work to find and apply for and lots of competition to get.
Join Delivering Dreams’ Facebook group for intended parents considering Ukrainian surrogacy Intended Parents FB Group.
Schedule a call to get to know the Delivering Dreams team and get information for your particular situation: Schedule A Call
Company name: Delivering Dreams International Surrogacy Agency
Name: Susan Kibler
Tel.: +1 908 386 3864
Tel: +380 32 253-7541
Address: PO Box 36, 55 Main Street, Califon, NJ 07830