Cosmetic Surgery Financing

Deciding to get cosmetic surgery can be a big decision for some. And, the last thing we want is to go through the consultation only to find out we can’t afford the procedure. While practices likely hear financial concerns daily, it’s not the most fun thing to mention. At Acorn, you can get prequalified online before or after visiting the cosmetic surgeon's office. Our lending partners can fund loans as a lump sum of cash, so you never even have to mention you aren’t a cash customer. While our main emphasis is on home improvement loans, personal loans are equally practiced at Acorn. Check rates in seconds with no credit score impact at Acorn! We will help fill your life with joy, and all the things you want.

Cosmetic procedures and surgery can vary dramatically in price. In today’s modern world, it seems as if cosmetic surgery is becoming more and more common, but how are people affording it? While some may have the cash on hand, others may not. Life is short, so even if we don’t have the cash we need to get the things we want, we still deserve them, and there may be ways to make things more affordable. Cosmetic surgery financing is one of those ways.

The demand for cosmetic surgery financing is present; therefore, more practices now offer payment plans and financing. Some may even offer promotional financing offers (i.e., no interest if paid in full within 6, 12, or 18 months. However, for expensive procedures, the promotional financing offers may not adhere to your budget. If the principal is not paid in full during the promotional period, it can result in extremely high interest. Additionally, it may be hard to qualify for.

No matter how badly you desire cosmetic surgery, you will want to be mindful of the costs associated with financing. Before sliding a credit card, pause for a second to consider other options. If financing or payment plan options associated with the practice do not pencil or are not offered, you may want to consider a personal loan. Personal loans are funded as a lump sum and usually have few spending restrictions. This can expand your budget and your options when it comes to choosing a practice.

To recap, here are some options individuals can leverage to afford cosmetic surgery:

1. Payment plans or financing associated with the practice
2. Personal loans
3. Credit cards
4. Saving up the cash

Credit score requirements can vary by lender and other factors, too. For example, an applicant requesting $10,000 may face more strict requirements than an applicant requesting $1,500. Additionally, an applicant requesting a 5-year loan compared to a 1-year loan may face more strict requirements. Lenders face risk, and while that’s the business they’re in, they need a way to justify the risk. Higher loan amounts and longer repayment periods can present increased risk, as can a borrower with a low credit score. With that being said, you may want to check your credit score before applying for cosmetic surgery financing. If you’re worried about qualifying, you may prefer to get prequalified from the comfort of your own home to avoid any embarrassment. At Acorn, you can check personal loan offers up to $100,000 with no credit score impact remotely. Offers will be more likely to be returned for borrowers with fair, good, average, or excellent credit. Most lenders on the Acorn Finance platform have a credit score cutoff of 600 or above.

With a handful of lenders to turn to for personal loans, finding the best offer can be overwhelming. As you compare offers compare details such as:

• APR
• Prepayment penalties
• Discounts (i.e. autopay discounts)
• Borrower perks (i.e. user-friendly portals or credit monitoring services)
• Monthly payment
• Spending restrictions
• Funding time

While you can check offers from lenders individually, or the cosmetic surgery practice may be able to connect you, ideally, you can find a way to compare multiple offers in one place. At Acorn, you can submit personal information to check offers with no credit score impact. We can streamline the process of finding the best personal loan offers via our safe and secure platform. We partner with top national lenders to help consumers experience the difference of online lending done the right way.

Cosmetic surgery may be superficial, but for some, it’s important and helps us feel better about the bodies we live in. And, there’s nothing wrong with that. If you feel that cosmetic surgery can boost your confidence and better your life, go for it. We should take advantage of opportunities that help us live our best lives, as long as they don’t put us in a bad financial position. Slice open the decision before making it and consider the consequences of the cosmetic surgery loan as well as the benefits.

Here are some justifications for cosmetic surgery financing:

• Boosts confidence
• Keep savings and cash flow healthier
• Fixed monthly payment
• Expands budget
• Creates opportunity to work with better surgeons

Other Surgery Loan Articles

• Plastic Surgery Loans For Bad Credit
• Cosmetic Surgery Financing
• Cosmetic Surgery Financing For Bad Credit
• Tummy Tuck Financing
• Medical Expenses Financing

To find out the true cost of your cosmetic surgery financing, you should run the numbers through a loan calculator to see what kind of monthly payment and interest payment you can expect to receive. Getting prequalified from a few different lenders will help with this as well.
The total cost of your cosmetic surgery loan will depend on how much cash you put down, what interest rate you receive, the amount of any fees you will be charged by the lender, and how long the repayment period of your loan will be. The longer the loan term – the more payments you will have and the more you will be charged in interest over the lifetime of the loan.
Additionally, your credit score will affect the overall cost of your cosmetic surgery loan by affecting the interest rate that you receive. The higher your credit score – the less you can expect to pay interest over the lifetime of the loan, and vice versa for those with poor credit.