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Recent Articles

This is a veterinarian posing for a picture with a husky.

How Long Is Veterinary School? A Doctor’s Guide to the Road Ahead

Thinking about becoming a veterinarian? You’re not alone—and you’re probably wondering how long it’ll take to get there. Whether you’re just starting to explore the...

Federal Student Loan Updates: Key Changes Impacting Doctors in 2025

Federal Student Loan Updates: Key Changes Impacting Doctors in 2025

Latest update made on May 23, 2025 The federal student loan landscape is undergoing significant transformations in 2025 with changes and proposals that directly affect...

What is the Average Cardiologist Salary?

What is the Average Cardiologist Salary?

According to the Association of American Medical Colleges, there are almost 23,000 practicing cardiologists in the United States. Whether considering cardiology during medical school/training or...

Dental Practice Loan Refinancing: What You Need to Know

Dental Practice Loan Refinancing: What You Need to Know

Written in collaboration with Head of Practice Solutions Brandon Finazzo and Healthcare Credit Manager Scott Aman As a dentist and practice owner, managing your practice’s...

Learn what APY is, how it’s calculated, and steps doctors can take to maximize savings with the right high-yield account.

What is APY & Why It Matters for Doctors

As a doctor, you know the value of working smarter. The same applies to your money. Whether you’re building an emergency fund or saving for...

Do I Need Cyber Insurance As A Doctor?

Do I Need Cyber Insurance As A Doctor?

Guest post – In collaboration with John A. Adcock, CLU®, ChFC®, CFP®, at Treloar & Heisel, our insurance partner In today’s fast-paced, technology-driven world, many...

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Podcasts

Michael Jerkins, MD, M. Ed – What They Don’t Teach You In Med School (But Should)

Internal medicine-pediatrics physician, educator, and Panacea Financial co-founder Dr. Michael Jerkins joins us as a guest to share his journey through medicine. From his early...

Dr. Vu Kong – Lead with Purpose, Grow with Precision: Lessons from a Multi-Practice Owner

Dentist, practice owner, and entrepreneur Dr. Vu Kong joins us to share his remarkable journey into dentistry and business ownership. Born in a refugee camp...

Dr. Jamine Ifedi, DDS, MBA – Carving Your Own Path in Dentistry – What They Don’t Teach You in Dental School

Dentist, practice owner, and podcast host, Dr. Jamine Ifedi, MBA, joins us to share his journey into dentistry and what he’s learned along the way...

Dr. Tommy Martin - Busting Myths About Medicine and Social Media

Dr. Tommy Martin – Busting Myths About Medicine and Social Media

Internist/pediatrician and social media influencer Dr. Tommy Martin shares his perspective on challenges in medical school, the importance of authenticity as a content creator, and...

Dr. Judy Yip - From Pre-Med to Pediatric Dentist & Is Halloween Candy the Enemy?

Dr. Judy Yip – From Pre-Med to Pediatric Dentist & Is Halloween Candy the Enemy?

Pediatric dentist and social media content creator Dr. Judy Yip shares her journey from pre-med to pediatric dentistry in this episode. She opens up about...

Ned Palmer, MD, MPH, takes the guest seat to share his unique journey through medical training.

Dr. Ned Palmer – Real Talk on Residency and Choosing Medicine Again

In this special episode, Chief Operating Officer and Co-Founder of Panacea Financial and practicing physician, Ned Palmer, MD, MPH, takes the guest seat to share...

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Webinars

Employment Contracts for Doctors: Tips, Risks, and Red Flags

November 12, 2024

Exploring Trainees’ Experience During Residency and Fellowship

July 16, 2024

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Guides & Assets

2025 Residents & Fellows Survey Report

May 23, 2025

A Doctor’s No-Nonsense Guide to Student Loans

April 12, 2025

Mortgage Basics for Doctors

February 21, 2025

A Medical Student’s Guide To The Match

October 15, 2024

A Doctor’s Guide to Contract Review

October 4, 2024

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Calculators

Credit Card Vs. Personal Loan Calculator

March 6, 2023

High-Yield Savings Calculator

February 17, 2023

Doctor Life Insurance Calculator

February 28, 2022

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Panacea Financial Holdings partners with Primis Bank, Member FDIC, to deliver banking services through its Panacea Financial Division.

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External Websites: The information and analysis provided through hyperlinks to third-party websites, while believed to be accurate, cannot be guaranteed by Panacea Financial. Links are provided for informational purposes and should not be viewed as an endorsement
Fine Print

1. All personal loans have a $100 origination fee. To obtain a new loan with Panacea Financial, you must also have a Panacea checking account; there is no fee to open the account, a minimum deposit of $25 required, and there is no minimum balance. Other fees and charges may apply, see this link for full terms and conditions. The minimum APR is 10.638% (with all discounts) and the maximum APR is 17.850% (with no discounts). The APR on your loan may be higher or lower and your loan offers may not have multiple term lengths available. Actual rate depends on credit score, loan term, and other factors. Late payments or subsequent charges and fees may increase the cost of your fixed rate loan. There is no fee or penalty for repaying a loan early. We offer a 0.50% discount with auto-pay from a Panacea checking account and a 0.25% discount with auto-pay from a non-Panacea checking account. To check the rates and terms you qualify for, click “Get Started” and Panacea will conduct a soft credit pull to determine your possible rate and will not affect your credit score. Not all applicants qualify for the lowest rate or maximum loan amount; subject to credit approval. Total borrower maximum varies by stage of career and with credit score: In School maximum is between $1,000 – $10,000; In Training maximum is between $1,000 – $20,000; In Practice maximum is between $1,000 – $50,000. PRN Loans have no prepayment penalty or prepayment fee and may be repaid at any time after loan closing. The minimum repayment period is immediately after closing. The minimum and maximum term varies by employment status. In Practice and In Training PRN Personal Loans have repayment periods of 3, 5, or 7 years. In School PRN Personal Loans have repayment periods of 5 or 7 years. Example scenario of PRN In Training 5-year term loan: 14.176% fixed APR, $20,000 loan. APR includes $100 origination fee. Repayment is interest only monthly payments varying from $215.87 to $239.00 in years 1-3, fixed monthly payments of $965.22 in years 4 -5 (11 payments year 5), and one final fixed payment of $965.29. Total finance charges: $11,615.15. Panacea utilizes the Equifax credit bureau, with a FICO score minimum of 660 to qualify for a personal loan.

2. No payments during the first year. For a 5-year term, you make reduced payments in years 2 and 3 of the interest accrued in the first year, added to the monthly interest. Full amortization years 4 and 5. For a 7-year term, you make reduced payments in years 2 and 3 of the interest accrued in the first year, added to the monthly interest. Full amortization over years 4, 5, 6, and 7.

3. For a 3-year term, you make interest-only payments in years 1 and 2. Full amortization in year 3. For a 5-year term, you make interest-only payments in years 1, 2, and 3. Full amortization in years 4, and 5. For a 7-year term, you make interest-only payments in years 1, 2, 3, and 4. Full amortization in years 5, 6, and 7.

4. Interest-only payments during first 6 months of loan. Full amortization over remainder of loan.

5. Adverse Credit Event: two or more payments more than 30 days late, totaling more than $500, within the prior 6 months; accounts with a total outstanding balance greater than $1,000 that are 90 or more days delinquent as of the date of the credit report, or that have been placed in collection or charged off during the two years preceding the date of the credit report; default determination during the five years preceding the date of the credit report; bankruptcy discharge during the five years preceding the date of the credit report; repossession during the five years preceding the date of the credit report; foreclosure during the five years preceding the date of the credit report; charge-off/write-off of a federal student aid debt during the five years preceding the date of the credit report; wage garnishment during the five years preceding the date of the credit report; tax lien during the five years preceding the date of the credit report; consumer credit counseling within five years preceding the date of the credit report.

6. Panacea Legal Services partners with Panacea Financial Holdings to assist with administrative and consultative services. The delivery of legal services will be the exclusive responsibility of Panacea Legal Services. Panacea Legal Services does not have a relationship with Primis Bank. ATTORNEY ADVERTISING. PRIOR RESULTS DO NOT GUARANTEE A SIMILAR OUTCOME. ANY COMPLAINTS ABOUT THIS ADVERTISEMENT OR THE REPRESENTATION OF ANY LAWYER MAY BE DIRECTED TO THE SUPREME COURT COMMITTEE ON PROFESSIONAL CONDUCT, C/O CLERK, ARKANSAS SUPREME COURT, 625 MARSHALL STREET, LITTLE ROCK, ARKANSAS 72201.

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