For those people looking to find the best liposuction finance package, it’s important that you understand your options, and make sure that the option you choose is accepted by your doctor who is performing the liposuction surgery-nothing is worse than finding out after you arrrange the financing that it is not accepted by your doctor.
One very common liposuction finance option is with companies such as CareCredit(r), or Unicorn(r). These companies offer essentially what is a credit card that is to be used specifically for cosmetic and other elective procedures. This options can be great if 1) your doctor takes the card, and 2) if you can pay it off in time.
Making Sure Your Doctor Takes the Card
Photo by madelineyokiBefore you sign up for any financing make sure your doctor accepts it. With the option above, many surgeons do accept it, but double checking is always a good idea. In fact, you should probably start your conversation about liposuction financing with your doctor – he or she should have some suggestions as to which good options you will have.
Make Sure You Can Pay Off The Card On Time
With the financing options from CareCredit(r) and other similar companies they usually give new customers a promotional zero percent interest rate for either 6,12, or 18 months. However, you only get the zero percent if the amount is paid off in full. If you don’t pay it off then you will have to pay back interest of around 25% APR – meaning that the zero percent loan just got extremely expensive, more than even what your credit card probably would have been. So, make sure you plan out the payments and don’t miss any of them – in most cases even one missed payment will result in you loosing the interest rate promo and add onto the already high APR.