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I plan on losing about 100lbs over the next few yrs. ( fingers crossed ) Im sure I’ll want to get excess skin removed and probably a tummy tuck since I’ve already had 2 kids. I was wondering how they work out payment. Do you have to pay up front? Do they finance ?

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I have horrible personal credit that is currently being repaired but will take some time.

I need a tummy tuck and I need it soon for an personal appearance.

My company doesnt have much capital.. but excellent business credit.

I know I can finance my surgery, but not with my personal credit.

How can I use my business credit score to influence the lenders decision???

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Many people who want financing for cosmetic surgery work to get it. They know that it costs a lot of money, and they save for quite a long time so that they will be able to have the procedures that they really want. For some other people, the money is available. They either make enough money on their own, or they have a spouse or other individual who makes enough money and is willing to provide the funding for a cosmetic surgery procedure. For most people, however, these are not options and financing is necessary. In addition, there are several different ways that a person can finance his or her cosmetic surgery.

Cosmetic Surgery Financing Options: Credit Cards

Probably one of the most common ways to finance cosmetic surgery is using credit cards. Almost everyone has at least one credit card, and if he or she has good credit, the credit limit on that card may be fairly high. In addition, if the person pays on time and is a customer in good standing, the credit card company might agree to raise the credit limit if the cardholder asks them to. The downside with using a credit card to finance a cosmetic surgery procedure is that many credit card companies have high interest rates. If it takes the person a long time to pay off the card, the interest that is paid can be extensive, and there are less expensive ways for an individual to get the cosmetic surgery that he or she wants.

Cosmetic Surgery Financing Options: Personal Loans

Sometimes, a person can take out a personal loan through a bank or a finance company in order to finance cosmetic surgery. These loans typically have a lower interest rate than a credit card would, but they are also more difficult to get, especially for something like cosmetic surgery, where there is basically no collateral to put up for the loan. It is more of a signature loan, and significant funds and very good credit would be needed to get it. In theory, someone who has enough money to secure a signature loan probably does not actually need the loan.

Cosmetic Surgery Financing Options: Home Refinance

Yes, some people actually do refinance their homes in order to have cosmetic surgery. If a person has equity in his or her home, he or she can refinance that home and use the equity for anything — even surgery. Many people see this as a good way to get the money for it. Their house payment goes up a bit, and/or their payment time may be lengthened, but they are able to get their surgery, and they do not have to get an extra loan from another company. As long as people have equity in their home and have made their payments on time, a home refinance is relatively easy to do. Those who do not refinance completely might take out a home equity line of credit, or a second mortgage, to do essentially the same thing.

There are other ways to get the money for surgery, and there are loan companies available that will finance specifically for medical procedures. Using one of these companies is often a good choice because they cater to individuals who want cosmetic procedures, and they are familiar with prices and procedures.

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In some cases, reconstructive plastic surgery may be covered by the patient’s medical insurance. Getting a cosmetic plastic surgery however may be a procedure that you have to finance yourself using a loan.

Now, there are already several options for people who can’t afford a cosmetic surgery. Before we look into those options, let’s take a look at what else you should know about financing plastic surgery.

Don’t Go for Bargains

You may be tempted to pick a surgeon who asks for less if you do not have clear options for financing plastic surgery. This is however, the worst possible mistake you could ever make. Plastic surgery costs are usually steeper if the surgeon who will conduct the procedure is already seasoned and an undisputed expert. An expensive doctor however is also more likely to be a safer option and eventually a more cost effective one. Cheap doctors may also have cheap services that may result in more financing plastic surgery problems because you would have to pay for corrective surgery on a botched up work.

Costs and Plans Vary

The extent of work to be performed, the type of procedure and the region you belong to are also some of the other factors that affect the cost of plastic surgery. Doctors and clinics will also therefore have different payments schemes or offers for financing plastic surgery. You would have to discuss this aspect as extensively as the procedure itself. Be warned that there may also be hidden costs or miscellaneous fees that you may not have asked about and may not be included in offers for financing plastic surgery.

No Plan Scheme

Some clinics and plastic surgeons don’t allow financing plastic surgery or will not allow you to present loan or installment plans. Some patients may not immediately realize it but such a policy may be as much for the patient’s advantage as it is theirs. This is because such a strict policy will ensure that a patient can truly afford the procedure and its corresponding after surgery costs.

Some clinics will even ask for a complete payment before a procedure to secure patient assurance. This may be potentially dangerous though especially if accidents happen.

Finance Companies and Banks

Now, there are already several finance companies and banks that provide options for financing the procedure. Individuals can now fill up forms for approval to cover cosmetic plastic surgery. Most companies will tell you that they have affordable and flexible rates but the truth is that applying for a loan may be a little more difficult than imagined especially in banks.

Plastic surgery loans are actually unsecured by collateral. This means that a bank or company may have to meticulously investigate your credit history and report to find out if you are capable of paying. Even if you do pass an application for financing plastic surgery, some companies may have higher interest rates than others simply because it is their only security if you are suddenly unable to pay.

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Had gastric bypass surgery in 2001 and then 2 kids since. I want to have plastic surgery to help remove the excess skin that no matter how much I do never comes off. What is the best finance company to go with??

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Lasik is an innovative laser eye surgery to help reduce or eliminate dependence on corrective eyewear. The procedure is designed to help patients suffering from nearsightedness, farsightedness or astigmatism. If you suffer from any of these conditions and meet the screening requirements of your surgeon, Lasik may be your answer to better vision.

Because Lasik is considered an elective procedure, many insurance policies don’t help cover the cost of Lasik. The procedure ranges from $499 to $2,500 per eye, depending on the procedure, your overall health and the condition of your eyes. The popularity and success of laser eye surgery has fostered many affordable financing options to make the procedure more accessible.

Lasik Financing Through Your Doctor

Take an opportunity during your consultation and medical eye exam to ask the doctor about any financing options are offered through his practice. In some cases, the Lasik surgeon will work out a payment plan at no interest directly with you. Many doctors also choose to work with a selection of financial institutions. You can complete the application process and have your response right at the doctor’s office. Both options reduce the cost of laser eye surgery to manageable monthly increments.

Health Care Financing Companies

With the growing popularity of laser eye surgery, there are a number of health care financing companies to help with cost. If you’re looking into this level of financing, remember that your doctor must approve financing from each health care financing company. Obtain approval prior to the application process and save yourself some time.

CareCredit specializes in financing for a variety of health care services. Qualified patients can set up a 12-month payment plan at no interest. For those interested in a lengthier payment plan, CareCredit provides qualified applicants an option at a low interest rate and no fees or upfront costs. To find out if your doctor honors CareCredit as a financing option, refer to the online database at the CareCredit Web site.

Capital One Healthcare Finance can also help cover the cost of laser eye surgery. As with CareCredit, Capital One offers qualified applicants no interest and low interest financing. To find out more about this financing option, head to the Capital One Web site.

Both health care financing options provide convenient applications. The application involves a simple form, with some general information about you, the Lasik surgeon and the amount to be financed. Patients usually receive a response within 24 hours. Be aware, however, that while many health care lenders provide affordable financing, interest rates depend on your credit information, and can reach up to 23 percent.

Flexible Spending Account

Your employer may have another alternative for covering the cost of Lasik through a Flexible Spending Account. Flexible Spending Accounts provide a double benefit in that you save for the laser eye surgery and receive an income tax break at the same time. You and your employer decide on the amount of monthly deposits from your paycheck. The amounts are placed into a tax-free flexible spending account. The only drawback for this option is postponing your Lasik surgery until the account builds enough to cover the cost.

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