Breast Implant Financing For Bad Credit

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Breast Implant Financing For Bad Credit

  
  
  

Breast Implant Financing For Bad Credit

What do the words, “financing for bad credit” mean to you? Most of us think of:

·         Cash advances

·         Pay day loans

·         Business loans

Very few people associate those words with plastic surgery. The funny thing is they do apply. Bad credit can affect anything. It’s not limited to your:

·         Mortgage

·         Business

·         Health

It can affect your financing options for anything from vehicles to your choice of breast implant.

In the interest of upholding the American Society of Plastic Surgeons (ASPS) commitment toBreast Implant Financing For Bad Credit cosmetic affordability for all eligible patients in need; Body Cosmetica will review your breast implant financing options if you have poor credit.

The Good, the bad & the Ugly: The Truth about Limited Lending Options

Let’s get the ugly out of the way right off the bat. If you have poor credit, avoid the following:

·         Traditional loans

·         Opening more lines of personal credit

·         Filing a breast implant insurance claim

Unfortunately, with bad credit already on record, these options get you nowhere.

Traditional loans have too many qualifications that rely on your credit rating. These qualifications affect your:

·         Interest rate

·         Collateral requirement

·         Loan amount

·         Repayment plan

·         Penalties

If by some slim chance you do qualify, read through the terms and conditions before signing to insure the funds are worth the risk. It’s important that you don’t get locked into an agreement that hurts you more than it helps you; especially if your goal is to rebuild your credit.

When looking at lines of personal credit, you need to consider two things:

1.      Debt is habit forming.

2.      Don’t take on more financial strain than you already have.

Misusing personal lines of credit often leads to bad credit. Do not invite more trouble than you already have. Also, it’s important to realize that the higher your outstanding balances are; the less money you qualify for and the more interest you pay. This is not a reliable breast implant financing route. That just leaves insurance in the no column.

Trying to use insurance coverage for a breast augmentation is ill-advised. Insurance only covers breast work in two instances:

1.      Trauma or cancer-related reconstruction

2.      Breast reduction

The majority of implant-related claims are denied. Not only that, a patient typically loses their insurance coverage after an elective breast implant surgery. Where does that leave you?

The Good Options

Plastic surgery financing with bad credit really involves two affordable avenues:

1.      Unsecured financing

2.      Healthcare loan

Here are the basic high points of each option.

Unsecured financing offers similar benefits to a traditional bank loan except that the loan doesn’t require collateral and the credit check is flexible. The flips side of that coin is you’re looking at:

·         Higher interest rates

·         Smaller loan amounts

·         Stricter default penalties (may involve legal action)

·         Sifting the good lenders from the bad ones

The reasons listed above are why most patients with compromised credit choose the second option: a healthcare loan.

Healthcare loans are endorsed by the ASPS as a way for patients to get the low interest resources they need for breast implant financing and other procedures. They function as a reusable line of credit with a few key differences:

·         They are either interest-free of low interest

·         The amounts are large enough to cover elective cosmetic procedures

·         They will work with individual applicants to set up affordable payment plans

·         There’s no need to re-apply for funding. If needed, just find out if you’re eligible for a credit increase.

·         You can be referred to reputable healthcare lenders by your plastic surgeon or clinic location.  

The information included in this article constitutes a basic outline of financing options. To find out more about the resources we discussed, schedule a consultation at Body Cosmetica. The staff can review these and other breast implant financing options with you.

 

Comments

Breast augmentation financing 
Posted @ Sunday, June 30, 2013 3:18 PM by tammy doss
I need to get my breast implants, but have bad credit. My husband has ok credit but got denied
Posted @ Monday, September 30, 2013 2:50 PM by carinia watson
I need financing help for breadt augementation.
Posted @ Sunday, December 29, 2013 9:47 AM by keri defoor
Hi iam 20.but I would like to get breast augmentation. I have credit from unpaid bills, minor things . Please respond as soon as its possible.
Posted @ Tuesday, February 25, 2014 11:02 AM by josly. miller
I bad/no credit. I have saved @some money for breast implant surgery but I need help!
Posted @ Friday, March 14, 2014 6:38 PM by joy albert
I am interested in getting financed to get breast augmentation but I have bad credit. Can you help me?
Posted @ Tuesday, May 27, 2014 10:51 PM by Mary Haynes
I'm interested in tummy tuck and want information on financing options.
Posted @ Tuesday, June 03, 2014 10:45 PM by Cynthia cazares
Yes, it's very important for financial advisors, Thanks for nice post.
Posted @ Friday, June 20, 2014 3:34 PM by PIC Cash Payout
Desperately want breast augmentation, but my credit has been distroyed by my ex husband. Please help to guide me in the direction for financing to have this procedure done. Thanks in advance!
Posted @ Tuesday, July 08, 2014 3:38 PM by Shannon Parsley
Hi I'm 53yrs. Old and am desperate for a breast lift and tummy tuck! I had very good credit til my husband passed away 5yrs. ago. My world ended when he had a massive heart attack. Now I'm a widow. I do get my widows benefits from the V.A. but I have poor credit. How much would i pay monthly for both procedures. Please help, I'm a desperate widow 😞
Posted @ Tuesday, July 15, 2014 8:09 AM by Theresa Navarrete
Nice post, it's very useful for me, thanks for sharing! My Hard Money School
Posted @ Monday, August 04, 2014 1:24 AM by Frank Johnson
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