Top 10 Financing Options for Cosmetic Surgery

Cosmetic surgery can be expensive.  You should always look for a fair price, but be careful of “bargains.”  Make sure that the quote you are given includes everything that you will have to pay for the surgery.  Make sure there are no hidden fees for anesthesia, hospital charges, compression garments and post op visits.   You should know up front the cost for all of this and be able to include it in your proposal.  Ask for an estimate on the cost of any medications that they prescribe.  Really low, “bargain pricing” that’s all-inclusive may mean that the clinic is cutting their costs by cutting corners.  Elective cosmetic surgery should never be something that you try to “go cheap” on.

That being said, not everyone has thousands of dollars lying around waiting for you to decide to have cosmetic surgery.   It might be the perfect time for you even though you don’t have all the funds right at this moment.  We have outlined the top 10 options for financing your procedure from the worst to the best…

10. Trip to Vegas

Hey, it could happen (though it probably won’t!).  Betting on Vegas or the lottery to book your cosmetic surgery is about as far from a “sure thing” as you can get.  If this is your plan, be sure to have the funds on hand before you schedule your time off from work!

9.  Sugar Daddy (or Momma)

Everyone loves to be spoiled!  If you’re lucky enough to find a companion who will foot the bill for your cosmetic surgery, good for you!  But don’t forget, there’s no such thing as a “free lunch.”

8.  Loan from family

This can be a tricky spot.  Don’t forget that this needs to be paid back, and looking at a family member over the Thanksgiving table can be hard when they paid for your new figure.  You’ll certainly think twice about how much you eat that day!

7. Regular Credit Card

This isn’t the best option for multiple reasons.  The biggest ones are high interest rates and uncertainty about your future ability to pay it off.  That being said, if you have the cash to pay it off then cosmetic surgery can be a great source of airline miles, points or cash back!

6. Care Credit

Care Credit is a nice option for cosmetic surgery patients who have a good credit score, but just don’t have the cash on hand.  They offer 6 months, deferred interest financing.  A word of caution though… “Deferred interest” doesn’t mean “no interest.”  You must pay the balance in full by the end of the 6 months or the interest goes back on.

5. Medical Financing Loans

Some clinics have agreements with local banks to help provide financing for their patients.  SurgeryLoans.com is another possible option for financing.  Talk to the staff at the clinic where you plan on having your cosmetic surgery and find out what options are available to you through their clinic.

4. Interest Free Credit Card Promo

Most credit cards periodically send out “checks” to their customers, which offer them 0% interest for a limited time.  This is generally not “deferred” interest, but rather it’s actually “interest free.”  Another resource to check out is CompareCards.com, which has a list of low interest cards that you can apply for, comparing them by their introductory rates.  To figure out the monthly payment for your cosmetic surgery, just divide the total for your surgery by the number of months without interest.

3. Cash

Your grandmother would be proud.  She would save up for big purchases by stashing the money in the cookie jar until she had the total amount needed.  Cash can be a bargaining tool for you as well; the office pays fees on every credit card purchase.  You may be able to get a bit of a discount on your cosmetic surgery if you pay it all in cash!

2.  Cash

Another way to come up with the cash is by making a “grocery fund.”  Each time you go to the grocery store and pay with your debit card, pull out an extra $20 or $50 and hide it away until you have saved up the full amount for your cosmetic surgery.

1.  Cash

Did we mention that cash is the best bet when paying for your cosmetic surgery?  There’s no interest on the purchase, you can often get a discount and you never have to feel guilt or regret about improving yourself.