Medical

Panacea Co-Founders Dr. Ned Palmer, Dr. Michael Jerkins, Tyler Stafford

Origin Story: Why We Built A Better Way For Doctors To Bank

  Like many young doctors, Dr. Ned Palmer and Dr. Michael Jerkins dealt with financial struggles early in their careers: Student loans, credit card debt, meager income, and hardly any time to address these problems.    When they looked for help from traditional banks and lenders, Ned and Michael were instead met with high interest …

Origin Story: Why We Built A Better Way For Doctors To Bank Read More »

Loan Payoff Statement

Follow This Three-Step Process to Obtain Your Loan Payoff Statement

Obtaining your loan payoff statement is a necessary step to refinance your student loans. It can be a hassle, so we’ve simplified the steps to make it as easy as possible. First, you will need to determine your current student loan servicers. Then you’ll need to understand what’s in a loan payoff statement to ensure …

Follow This Three-Step Process to Obtain Your Loan Payoff Statement Read More »

loan payoff statement

Find Your Student Loan Payoff Statement to Refinance Medical School Debt

To decide if refinancing your student loans is right for you, you’ll want to fully understand the public loan system and forgiveness options that may be available to you. See our guide on If Forgiveness is Right for You. To pursue refinancing, you’ll need to obtain a Loan Payoff Statement from each of your student …

Find Your Student Loan Payoff Statement to Refinance Medical School Debt Read More »

medical school graduation

As a Doctor, Should I Refinance My Student Loans?

  Refinancing your medical, dental, or veterinary school loans could save you money on interest, but it’s not always your best option. Loan forgiveness programs only apply to federal loans. If you intend on working for a qualifying institution full-time for 10 years and you have qualifying loans, you should pursue Public Service Loan Forgiveness. …

As a Doctor, Should I Refinance My Student Loans? Read More »

manage medical school stress

Best Meditation Apps to Manage Medical School Stress

Struggling with (or afraid of) burnout in medical school? Here are our 4 favorite meditation apps for doctors-in-training  As a doctor-in-training, your most valuable commodity is time. Unfortunately, when you’re expected to give so much of it, grabbing a mid-shift cup of coffee or taking a much-needed mental health break can feel impossible.  Regardless, it’s …

Best Meditation Apps to Manage Medical School Stress Read More »

financial stress in medical school

The Hidden Costs of Financial Stress in Med School

Are money worries affecting your overall wellness?  Stressing out over how to pay rent and credit card bills, afford residency applications, and still make ends meet can have a huge impact on your health. And it’s especially rough when you’re a medical student, still years away from earning an income. A 2008 study in the …

The Hidden Costs of Financial Stress in Med School Read More »

pay off credit card debt

How to Pay Off Credit Card Debt for Med Students, Residents and Fellows

Managed poorly, credit cards can destroy your credit. Use them only if you’re sure you can pay off the balance every month, or for emergencies. The amount of interest you pay and your minimum payments make a huge amount of difference to how much debt and interest you will have. Look for the right card …

How to Pay Off Credit Card Debt for Med Students, Residents and Fellows Read More »