Cosmetic surgery has gained tremendous popularity over the years. Over time, it has become more of 'want' than 'necessity.' And due to its elective nature, many financing companies barely cover the procedures and treatments that fall under cosmetic surgery.
Despite high cost and non-coverage by insurance companies, people still opt for treatments such as liposuction, rhinoplasty, breast augmentation, and many others that help them to get expected outcomes.
But the question arises, are there ways that can help people to afford this high and out-of-pocket expense?
Certainly, there are.
Here we have mentioned a few affordable methods that can help you go smoothly under the knife, with any worry. These ways include:
Opting to pay through a credit card
You may find a credit card the best option to pay for your out-of-pocket expenses. Indeed, there are credit cards that confer a 0% introductory annual percentage rate. And a few credit card companies give the privilege of valuable reward points that can be consumed for cashback. However, failure to repay a credit card bill can lead to severe consequences.
Opting for a medical credit card
Did you know a few medical credit cards also provide a 0% annual percentage rate (APR) as an introductory offer? This APR lasts approximately for a period of 6 to 12 months. However, if a patient defaults the payment during that period, it can call for interest.
Cash savings
It may not be a good idea to utilize your savings as they are meant to cope with emergencies. However, the most significant advantage of using cash savings is that you don't get liable to any lender, there is no obligation for repayment, and there is no extra expense that you have to bear.
Opting for a personal loan
Another way to get cosmetic surgery financing is by choosing a personal loan. The loan can be taken either from a local bank, or a lender. However, personal loans levy a rate of interest. And this interest rate can vary, depending on your credit score. It means that if your credit score is good, you will qualify for attractive terms and rate of interest. If you have a low score, the rate of interest and fees will raise your overall medical expenses.
Opting for payment plans
A payment plan helps you pay your bills in affordable monthly installments. It means that you have the leverage for not paying the full amount upfront but in installments. Hence, the patient doesn't have to pay extra. Also, as it not associated with any financial group, it doesn't impact your credit score. Thus, through affordable payment plans, even cosmetic surgery financing for poor credit scores can easily be done. However, failure of payment could lead to collections call.
Denefits: Financing for cosmetic surgery
Denefits is the best solution for all those people who have a bad credit score. Denefits supports you to pay your expensive/ unexpected bills, conveniently. Once you are connected with Denefits, you can count on instant financing and a 100% approval rate. Hence, cosmetic surgery financing even with no credit check becomes attainable. Denefits interactive digital platform understands the patients' needs and yields unique solutions tailored to the financial capacities.
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