Are you looking for ways to pay for your cosmetic surgery or other plastic surgery procedure?
You may be surprised that there are many options available to you even if you have bad credit.
Bad credit is not a hindrance when it comes to financing these procedures, and in this post we will explore 10 different methods of paying for your procedure with bad credit.
Many people are nervous about putting this off, but there is no reason to be concerned.
Take a look at our list of ten ways you can finance your cosmetic surgery or other plastic surgery procedure today!
You’ll see that while some may not work for every case, many options exist even if you have less-than-perfect credit.
Plastic Surgery Financing: How to Pay for it in 2023
Surgery Loans for Bad Credit History
If you need surgery but have a bad credit history, you may consider surgery loans for your financing.
Surgery loans are specifically designed for those who’ve been turned down by traditional lenders due to their less-than-perfect financial records or histories – although this is not the case with all health care finance options.
This type of loan can help fill in any gaps in your credit history and show potential lenders that you’re capable of managing debt responsibly.
This can make it easier for you to qualify for a loan with better terms (including lower interest rates) than otherwise possible.
These loans may be available even if you’ve filed bankruptcy or have other past problems with credit management.
Cosmetic Surgery Financing with No Credit Check
For those who have no credit history at all, cosmetic surgery financing may be an option.
No-credit check loans are designed for applicants without any traditional credit record or score. This includes individuals applying for these procedures who also don’t yet earn enough money to build a solid credit history.
There are specific lenders who provide no-credit check loans and may be able to offer financing for your cosmetic surgery, even if you have bad credit or don’t yet qualify for a traditional loan due to lack of income.
These typically require some sort of collateral – such as an automobile title – in the case that you miss a payment.
Cosmetic Surgery Financing with Cosigners or Guarantors
Another option for those looking to finance cosmetic surgery is applying with guarantor financing, also known as cosigner loans.
This type of loan requires someone who has good credit history to vouch for you by signing on the application along with you – especially if you have a negative credit history.
Cosigners are used to promise the lender that they will be responsible for your loan amount in case of default, and this can help you get approved for a larger sum than normal with terms more favorable than otherwise possible.
In most cases, cosigning on someone else’s loan requires some sort of collateral – i.e., an automobile title or other type of asset that can be sold if you default on your payments.
Cosmetic Surgery Financing with Refinanced Credit Cards
If refinanced credit cards are available, these may also provide ways to finance cosmetic surgery procedures even when you have bad credit history.
These are credit cards that have been “refinanced” with a new lender, resulting in the original issuer losing their claim to your debt.
In some cases, these refinanced credit card accounts may not show up on your traditional credit report because they are no longer owned by the company who initially issued them.
You can check with your local credit union or bank to see if they offer refinanced accounts that may be able to help you finance your surgery.
Cosmetic Surgery Financing with Personal Loans
Personal loans are another option for those who have poor credit history and need financing, especially through the use of guarantors or cosigners.
This type of loan is unsecured and can be used for any purpose.
It’s also available to those with bad credit or no credit history, which makes it possible to use these funds towards financing cosmetic surgery procedures when traditional banks may not approve you due to your negative financial background.
There is typically a wide variety of lenders who offer personal loans, and you can check with your local bank or credit union for more information.
Understanding The different Payment Options For Plastic Surgery
When it comes to paying for a plastic or cosmetic surgery with bad credit, the words you use are crucial.
People mix up these two phrases despite the fact that there is a significant difference in their financial alternatives.
Plastic surgery repairs physical and aesthetic flaws and is frequently required by doctors; therefore, most of the operation may be paid for using health insurance and Flexible Spending Accounts.
Cosmetic surgery changes your skin or other parts of your body to make you look better. You have to pay for the whole thing, and you might need to borrow money if you can’t afford it.
Here Are Some Common Ways to Pay for Plastic Surgery with Bad Credit
Personal Loan Through Credit Union
Bad credit, no problem.
A personal loan is a great option for financing your procedure if you have decent to perfect credit or are willing to pay off the balance early in order to avoid late fees and penalties.
Personal loans usually come with low interest rates compared to other options like cash advances on credit cards, so it’s a good way to go if you are looking for cost-effective financing.
Borrow From Friends and Family
If you have friends or family members who are willing to help, borrowing money from them is another option for financing your procedure.
The terms of these loans can vary greatly depending on whether they’re interest-free or not, but make sure that the loan agreement is clear and written down in case there are any issues later down the road.
Bank Loan or Line of Credit
If you have an established relationship with your bank, they may be willing to extend credit in order for you purchase the procedure.
This can work well because it usually comes at competitive rates and is very flexible when compared to other options.
Most banks will not extend credit to someone with bad credit, so this option is best for those with good or perfect credit scores who are looking for a hassle-free way to finance their surgery costs without getting bogged down in the paperwork associated with loans and other types of financing.
Credit Card Cash Advance
Yes, you can use your credit card as an emergency fund which makes cash advances on cards another viable option if you have good or even average credit.
We recommend that you avoid using cash advances unless it’s absolutely necessary because they come at very high interest rates – usually around 25% APR!
If there are any fees associated with the advance make sure to read them carefully before signing anything. REMEMBER: Cash advances are not the same as balance transfers.
Balance Transfers to Another Card
If you have a credit card with good or excellent credit, transferring your balance from one of those cards to another can be an easy way to finance your procedure without having much impact on your credit score.
You should avoid doing this if possible because it will cause you more money in interest charges over time but sometimes bad things happen and there is no other choice!
Just make sure that you pay off all balances transferred within six months so that they do not affect your overall credit history negatively which could hinder future financial decisions like applying for mortgages, car loans etc…
Balance Transfers Using Rewards Points
If you have a credit card with great rewards and an excellent credit score, transferring your balance can be worth it because you will not need to pay any interest on the transferred amount if done correctly.
Make sure that there is no fee associated with this transfer so that it does not eat away at all of your savings! Just remember: This method works best for those who already use their cards responsibly and always pay off balances in full each month.
Credit Union or Association Loans
Many associations offer loans through local banks which are funded by other members within their community ie: dental societies, barber organizations etc…
This type of financing may come at competitive rates but often requires good credit scores and established bank relationships – neither of which you may have.
If this option is available to you, great! Just make sure that you have the money to pay off your loan in a timely manner or that you can negotiate an extension if needed.
Crowdfunding Websites
If all else fails, there are several crowdfunding websites out there today which will help individuals raise funds for their procedures without having to worry about credit scores and other barriers associated with traditional financing options.
Just make sure to do your research and choose a reputable crowdfunding site with solid reviews.
REMEMBER: If you are thinking of using any type of financing for surgery, always ask questions!
There may be hidden fees or other important information that could impact your ability to pay off the loan in full at some point in the future which is why it’s always a good idea to be fully informed.
If you are unsure about anything, ask your doctor or someone with experience in this area for advice before making any financial decisions!
Which Cosmetic Procedures are Most Financed by Patients?
Liposuction is a surgical procedure which targets specific areas of the body to remove excess fatty tissues for cosmetic purposes.
Brazilian Butt Lift (BBL) is a surgical procedure which uses liposuction to target the body’s fatty tissues in order to create more shapely curves.
Cool Sculpting is a non-invasive procedure that targets and freezes fatty tissues in order to remove them from the body.
Air Sculpt is a minimally invasive procedure which uses radiofrequency to tighten the skin.
Cellulite Reduction is a surgical or non-surgical treatment which targets the appearance of cellulite on the skin.
Tummy Tuck is a surgical procedure that contours and tightens abdominal muscles through liposuction and/or abdominoplasty.
Facelift is a surgical procedure that tightens the skin on the face through liposuction or surgical excision.
Hair Transplant is a procedure that places hair follicles taken from the head onto other areas of the scalp where hair is thinning or gone completely.
Breast Reduction Surgery (BRS) is a surgical procedure which reduces the size of large breasts to achieve a more aesthetically pleasing appearance.
Gynecomastia is a condition in which men have breasts similar to those found on women and are typically caused by abnormal hormone levels.
The procedure used to treat this condition is called Gynecomastia Surgery (GCS).
Kybella is a non-surgical procedure which uses injections of deoxycholic acid to destroy fat cells.
Micro needling is a minimally invasive procedure that uses multiple tiny needles to create micro-injuries in the skin which prompts collagen and elastin production.
Laser Hair Removal is a procedure that uses lasers to destroy hair follicles for the purpose of permanent removal.
Laser Tattoo Removal is a minimally invasive procedure that uses lasers to break up tattoo pigments and remove them from the skin.
Cryotherapy is a minimally invasive treatment which targets specific areas of the body to destroy fat cells and tighten up skin.
Hand Rejuvenation is a minimally invasive procedure that uses fillers to reduce the appearance of wrinkles, scars and other skin imperfections.
Mesotherapy is a minimally invasive treatment which uses specific combinations of vitamins and medications to stimulate the production of collagen.
Spider Vein Removal is a procedure that uses lasers to target the appearance of spider veins on legs and other parts of the body.
Hyaluronic Acid Injections are a minimally invasive treatment which uses hyaluronic acid fillers to add volume and contour the skin.
Juvederm is a filler used to add volume and contour the skin.
Mommy Makeover is a combination of several cosmetic procedures that are used to restore the body after pregnancy.
These procedures include: Tummy Tuck, Liposuction, Breast Augmentation and/or Lift.
Lip Enhancement is a procedure that uses injectable fillers to add volume and contour the lips.
Collagen Injections are minimally invasive treatments which use injectable fillers to add volume and contour the skin.
BOTOX Cosmetic is a minimally invasive treatment which uses injections to relax muscles in order to reduce the appearance of wrinkles.
Laser Resurfacing is a skin resurfacing procedure which uses lasers or chemical agents to resurface the skin by removing old, damaged or diseased layers.
Chemical Peel is a minimally invasive treatment which uses chemical agents to resurface the skin by removing old, damaged or diseased layers.
Microdermabrasion is a minimally invasive treatment which uses a hand-held device with tiny exfoliating crystals to resurface the skin.
Circumferential Abdominoplasty is a surgical procedure which tightens the skin and underlying tissue on the abdomen by removing excess fat, repositioning muscles & ligaments.
Brachioplasty is a procedure that removes excess skin and fat from the upper arm.
Panniculectomy is an abdominal plasty which removes hanging pannus of skin and fat from the lower abdomen, hips & thighs.
Rhytidectomy is a surgical procedure which tightens facial muscles and reduces facial wrinkles.
Forehead Lift is a surgical procedure which raises the eyebrows and smoothes out forehead creases to reduce appearance of aging or stress.
Neck Lift is a surgical procedure which tightens and smooths the neck skin to reduce appearance of aging or stress.
Facelift is a surgical procedure which tightens the facial muscles, reduces sagging skin and enhances cheekbones to reduce appearance of aging or stress.
Platelet-rich plasma (PRP) is a procedure that uses growth factors derived from the patient’s own blood to enhance the skin.
This is used for acne scars, stretch marks, skin rejuvenation, hair loss treatment and more.
FAQ About Plastic Surgery Financing
What is a cash advance on a credit card?
It is when you withdraw money from your own available credit lines. You can do this using your credit/debit card at an ATM or by writing a check.
Do you need good credit to get plastic surgery financing?
No, you don’t! Many companies will allow applicants with bad credit to finance their procedures. However, the rates are much higher and will likely require a cosigner if you have poor credit.
How much does it cost to finance plastic surgery?
It varies from lender to lender but many offer interest rates as high as 25%. It’s best to avoid this option at all costs! There are better options out there for those with bad or no credit.
How do people afford plastic surgery with no money?
They use financing options like credit cards or personal loans. The rates are much higher than traditional financing, but if you can pay off your balance in full each month there may be no impact to your credit score!
How long does it take for surgery after getting approved?
Some lenders will approve procedures weeks before the date while others may take months. It’s best to apply at least six weeks before your scheduled date so that there is no delay in the process!
Can you do a payment plan for plastic surgery?
Yes! Many lenders offer flexible payment plans which can be customized to fit your budget.
These options are usually less expensive than loans but do require good credit scores with no missed payments in the past six months, so make sure you use this method if you have had any issues in that area or it could end up costing more money and slowing down the process.
What is the best way to finance plastic surgery?
Many companies offer traditional financing which you can usually get approved for quickly, but it does require good credit scores!
This option may also have lower rates than other types of financing so be sure to look at all your options before determining what type of plan works best for you and your budget.
How do you finance a tummy tuck?
Most lenders will require that you have all your pre-op consultations before they approve financing.
You may also need an approval letter from the doctor’s office so be sure to talk with them about what is required, if anything, for surgery to go forward!
What are the benefits of using a personal loan?
Personal loans are usually better than credit cards because the rates tend to be much lower and you often have a longer time period (usually five years) in which to pay them off.
However, personal loans do require good or excellent credit scores so it’s important that your score is healthy before applying for this type of financing!
What is the best way to pay for a Tummy Tuck?
It’s best to set up traditional financing which usually has the lowest rates.
You can also explore personal loans or credit cards as an option, but these may have higher interest rates so it’s important that you really understand what your total cost will be before applying for any type of loan!
This way you know how much you can actually afford and that the total cost is within your budget.
What credit score do you need to finance a breast augmentation?
You will need a good to excellent credit score for most traditional financing options.
However, some lenders also allow applicants with bad credit scores the option of working with them!
This type of cosigner loan is usually much more expensive and may require a co-signer as well but it can be an option if you have poor or no credit history.
Can you pay for BBL monthly?
Yes, you can make monthly payments for your BBL.
However, this will likely not be a preferable option because of the high interest rates and usually low amounts offered by most lenders.
It is much better to set up traditional financing (which requires good credit scores) and pay it off in three or four months instead!
Can I finance a bbl?
Yes! Many lenders offer financing for procedures like BBL.
However, it is important to look at all your options because the rates are often very high with this method of financing so make sure you compare them before deciding on an option that works best for you and your budget!
Does Dr Miami do payment plans?
Yes, Dr. Miami offers payment plans for financing plastic surgery procedures!
However, keep in mind that these are usually non-traditional options so the rates will be higher than traditional loans and you may have a longer waiting period to get approved as well which can slow down your process significantly!
How can I pay for my plastic surgery?
You have several options when it comes to financing your plastic surgery!
One of the most popular ways is traditional or formal financing which usually requires good credit scores.
This option does have lower interest rates than other types of loans so be sure to look at all your options before deciding on this route.
Another way to pay for your surgery is with a credit card.
Some plastic surgeons will offer their patients the option of making monthly payments for procedures which can be great if you have good or excellent credit scores and enough cash flow to dedicate the money each month!
Can I get a loan for my tummy tuck?
Yes, many lenders will provide loans for tummy tucks.
However, keep in mind that these types of loans usually carry high interest rates and longer repayment periods (often three to five years) compared with traditional financing options so make sure you really understand what your total cost will be before making any decisions!
Can I get a loan if my credit is bad?
It’s possible to get a loan with bad credit, but it’s not likely to be a traditional loan such as those offered by banks or credit unions.
If you have bad credit, your best bet is probably going with an unsecured personal loan from companies like Lending Club and Prosper which don’t require any collateral but do carry higher interest rates than traditional loans!
What state has the cheapest bbl?
A lot of factors go into determining the cost for BBL.
The state you live in is just one factor that can determine your price point!
If you are considering doing procedures like this make sure to look at all your options and get multiple quotes from different surgeons before deciding on a plan!
However, states like Illinois and Texas are known to have some of the lowest prices for BBL in the country!
What is the highest credit limit for CareCredit?
CareCredit offers credit lines of up to $25,000 which is very high compared with other financing options!
Can I finance breast implants with bad credit?
Some surgeons will offer financing options for procedures like breast augmentation.
However, you will need to check with your chosen surgeon for their specific policy.
If you are having cosmetic surgery, then it is important that the financing terms fit into your budget so paying off the balance in installments will be manageable over time.
Can I finance a mommy makeover?
Yes, there are some surgeons that offer payment plans for procedures like this.
Your surgeon will be able to tell you if they offer financing and what the interest rate is.
Some surgeons charge a higher or lower APR than others, so it’s important that you find out this information before committing to the procedure.
Can I finance liposuction?
Yes, some plastic surgery offices do offer financing options for procedures like liposuction.
Before committing to the procedure, be sure that you will have enough time manage the monthly payments and checking your credit report is a good way to ensure that there are no surprises when it comes time to sign up for financing.
What to do if you need surgery but can’t afford it?
If you are struggling to find the money for your surgery, there are some things that can help.
For example, it is possible to borrow money from friends or family members who may be willing and able to give you a loan.
However, if they expect repayment make sure this is made clear prior to borrowing the funds so there are no surprises later.
Another option is to consider asking your employer if they offer loans or an interest-free payroll deduction plan that can help you come up with the money for surgery within a reasonable timeframe.
Can I finance breast implants?
Yes, some plastic surgeons do offer financing options for procedures like breast augmentation.
Your surgeon will be able to tell you if they offer financing and what the interest rate is.
Some plastic surgeons charge a higher or lower APR than others, so it’s important that you find out this information before committing to your procedure.
Can I finance liposuction?
Yes, some surgeons do offer financing for procedures like liposuction.
It is important to check with your surgeon about what their specific policy is before committing to the procedure.
You will need to find out if they offer financing, how much you can borrow and what the interest rate on that loan would be.
Can you negotiate plastic surgery costs?
There are many ways that you can negotiate the cost of your surgery.
For example, some surgeons offer a cash discount if payment is made in full prior to the procedure and this may be an option for those who have no other way to finance their cosmetic procedures.
Another possibility is requesting that certain fees or medical costs not be included in the final bill.
For example, if you require a pre-operative exam and your surgeon’s office charges an additional fee for this service ask them to waive it as part of your deal.
How do I get a loan for a mommy makeover?
If you are having trouble finding the money to finance your mommy makeover surgery, there are many different options.
You can speak with a few lenders about borrowing the funds and find out if they would be willing to lend you this amount at an affordable interest rate that fits into your budget.
How can I get money for surgery?
If you are looking for money to help pay for plastic surgery, there are different options.
You can speak with a few lenders about borrowing the funds and find out if they would be willing to lend you this amount at an affordable interest rate that fits into your budget.
How do I get loans without credit?
There is no need to have perfect credit to get a loan.
Applying for loans without good credit is easier than you might think, and there are many different options available!