5 Ways to Finance Your Cosmetic Surgery Procedure

A lot of people plan on getting a cosmetic procedure but do not have the finances to pay for it. If you belong in this group, it doesn’t mean that you can’t do anything about it. There are many cosmetic surgery financing options that are available to you. Here are five different options that are available.

1. Everyday Credit Cards

If you have a low interest credit card, then it may be worthwhile for you to go with this option. A great way to finance your procedure is to apply for an introductory 0% interest credit card so that you save on the first year’s interest payments. If your interest rate is fairly high and you cannot get a new credit card because of your credit, this may not be the best option for you.

2. Health Care Credit Cards

There are many health care credit card offers you can take advantage of nowadays. These credit cards are only limited to medical procedures. They often come with 0% interest rates for the first year. They also tend to have more favorable rates than standard credit cards. You do, however, need to look at all the fine print to make sure that there aren’t expensive hidden fees or terms attached. If you shop around enough, you’ll find one that meets your needs.

3. Home Equity Loans

If you’re a homeowner, you can take out a loan against the equity of your home. Because the interest rates are low, it might be more affordable than your other options if your credit score isn’t good enough to lock in low rates. Just make sure that you are planning to stay in the home you are currently taking out a mortgage in. While there is a possibility that the interest rates can go up, it is very unlikely.

4. Health Insurance

Did you know that health insurance will cover cosmetic procedures under certain circumstances? For example, if you’re getting a cosmetic procedure due to an accident, your health insurance company may cover a big portion of the costs. You want to really dig into your insurance contract and terms to make sure that this is something you can do. Don’t assume that you are not covered if you get dismissed by a company agent about the inquiry.

5. Unsecured Medical Loans

If you have a low credit score, you probably will have a hard time getting any kind of loan. If you absolutely feel that you want a procedure done, you can go with unsecured medical loans. The downside to these loans is that the interest rates are incredibly high. Unsecured medical loans make sense for lower cost procedures that you can pay back fast. It’s not recommended to take out these loans for expensive procedures due to how fast the interest charges accumulate.

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