Refining your appearance with a nip or tuck is a commonplace desire in today’s fast-paced world. Although these procedures are completed by a medical professional, they’re not typically covered by insurance. Plastic surgery is an elective process, which means any costs come from your pocket. Explore these top 6 options for financing your procedure. There are many strategies that can work.
Tapping Into Home Equity
If you own a home, there may be equity that can be used to pay a plastic surgeon. Lending Tree offers this suggestion only if you have plenty of equity and selling isn’t your goal in the near future. You can slowly pay back the borrowed equity without too much interest applied to the amount. Equity loans tend to have the lowest interest rates compared to other funds because any borrowing has the Tampa property as collateral.
Taking out a Loan
You want to work with the best plastic surgeon Tampa, but these services may be out of your financial reach. Think about taking out a personal loan. These funds come with a fixed interest rate, which depends on your credit history. If you have good credit, your rate might be incredibly low. Payback this loan in monthly installments after the plastic surgery. Ideally, pay as much as you can to reduce the interest amount even further.
Trying a Credit Card
It’s possible to pay your plastic surgeon with a credit card. Consider a card that has an interest-free period, such as 12 or 15 months. Taking advantage of no interest means you can afford the procedure and pay it off without accumulating extra debt. Use this suggestion with caution. Any unpaid balance might be subject to interest after the promotional period.
Working With the Medical Professional
Many doctors in the Tampa area will have payment plans built into their offerings. Simply ask your doctor about current offers. Instead of working with a bank or credit card, you pay the doctor a monthly amount that eventually pays off the balance. It’s a legal contract so be sure to have the funds to keep up with the payments.
Saving up the Old-Fashioned Way
The simplest way to pay for the best plastic surgeon Tampa is by saving up the money. Set aside a certain amount of money every month. Place it into a savings account. Allow it to gain interest. Depending on the cost and amount you save each month, it can take a year or more to have enough funds.
Try this strategy if the saving period is reasonable. Waiting six months, for example, to have the funds will prevent debt accumulation from interest costs and other factors.
Considering Medical Credit Cards
Some healthcare providers offer medical credit cards with generous borrowing periods, reports the U.S. News & World Report. You set up a procedure with a professional, such as the experts at Farrior Facial Plastic Surgery, and payments for a certain time period are completed through the medical card.
In most cases, there’s no interest to pay unless the balance isn’t paid by the end of the agreed-upon term. These medical credit cards can truly help a person finance a procedure.
Discover your options with a call to Farrior Facial Plastic Surgery. These professionals can evaluate your appearance and offer realistic suggestions. A dream procedure can become a reality today.