Breast Augmentation Financing For Good & Bad Credit
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Breast Implant Financing Options & Payment Plans
Boost your self-esteem and discover your dream body using affordable breast augmentation financing options. Breast augmentation surgery is a top cosmetic surgery that is proven to positively impact lives in many cases. Take advantage of competitive breast augmentation financing for all credit types. Keep reading to learn about the pros and cons of breast augmentation financing options. ExpandWhat is breast augmentation financing?
Is the cost of breast augmentation holding you back? Breast augmentation financing provides an affordable option that allows you to make payments. Below we will compare the pros and cons of breast augmentation financing options to help you make an educated decision.
What are the pros & cons of breast augmentation financing?
Breast augmentation can boost your confidence and help you achieve the body you desire. However, the pros and cons of breast augmentation financing should be considered.
Some of the pros include:
- Affordable payment options
- Reasonable interest rates and loan terms
- 0% APR offers may be available
Some of the cons include:
- Taking on debt
- Monthly payment may be pricey, depending on how slow or fast you pay the loan off
Can you finance a breast augmentation with bad credit?
Breast augmentation financing is available for all types of credit. Lenders such as UpStart consider factors other than just your credit score during the approval process. Keep reading to learn about lenders that can help finance breast augmentation with bad credit.
What is the average cost for a breast augmentation?
On average, breast augmentation can range in price from $6,000 – $12,000 (plasticsurgery.org).
The cost of breast augmentation will vary based on:
- Location
- The doctor
- Type of implant
What hidden costs and fees are related to breast augmentation?
Some doctors operate using all-inclusive pricing while other doctors don’t operate this way. It’s important to ask how the pricing works to help determine potential hidden fees (nubodyconcepts.com).
Potential hidden fees and costs associated with breast augmentation may include:
- Anesthesia fees
- Hospital costs
- Surgeon’s fee
- Fees for medical tests
- Post-surgery garments
Is breast augmentation covered by insurance?
In most cases, cosmetic breast augmentation is not covered by insurance. However, reconstructive breast surgery for breast cancer patients may be covered by insurance.
Do plastic surgeons offer payment plans?
Most plastic surgeons offer financing options or payment plans for breast augmentation. There are many payment options available so be sure to do your research before committing.
Breast Augmentation Financing Options
Personal loans
There are many ways you can obtain a personal loan for breast augmentation, thus making it a competitive option.
Pros
- Personal loan has many uses
- No collateral needed
- Loan amounts typically range from $1,500 – $100,000
- Reasonable rates
- Available for most credit types
Cons
- Fixed payment
- Origination fees can apply
- Prepayment penalties can apply
LightStream
LightStream offers competitive fixed-rate financing options for breast augmentation. They are a credible national lender that operates online as a division of SunTrust Bank.
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APR range | 4.99% – 16.79% w/AutoPay1 |
Available loan terms | 24 to 144 months1 |
Loan amounts | up to $100,000 |
Time to fund | As soon as the same day** |
Fees | Origination fee: None Late fee: None Prepayment fee: None |
Credit needed | 660+ |
Income needed | n/a |
Soft Credit Check? | Varies |
Best for | Borrowers with good credit, long credit history, co-signers, debt consolidation, home improvements |
Click “Check Rates” to apply to LightStream Check Rates |
» MORE: LightStream Personal Loans Review
LendingClub
LendingClub offers peer-to-peer lending options with fast approval and reasonable interest rates. Peer-to-peer lending connects people with money to people who need to borrow money.
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APR range | 6.95-35.89% |
Available loan terms | 36 to 60 months |
Loan amounts | Up to $40,000 |
Time to fund | Varies |
Fees | Origination fee: 1% to 6% Unsuccessful payment fee: $15 Processing Fee For Personal Checks: $7 |
Credit needed | 600+ |
Income needed | n/a |
Soft Credit Check? | Yes |
Best for | Borrowers with good credit |
Click “Check Rates” to apply to LendingClub Check Rates |
» MORE: LendingClub Personal Loans Review
UpStart
Similar to LendingClub, UpStart is a peer-to-peer lending company that can provide personal loans for breast augmentation. UpStart may be a good choice for applicants with little to no credit history, steady income, and quality education.
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APR range | 5.99% – 35.89% |
Available loan terms | 36 – 60 months |
Loan amounts | $1,000 – $50,000 |
Time to fund | One business day |
Origination fee | 0% – 8% |
Credit needed | 620+ |
Income needed | N/A |
Soft Credit Check? | Yes |
Best for | New Borrowers, Borrowers With Thin Credit, Fair Credit |
Click “Check Rates” to apply to Upstart Check Rates |
» MORE: Upstart Personal Loans Review
Health Care or Medical Credit Cards
Health care or medical credit cards may be offered to breast augmentation patients to help make your surgery more affordable.
Pros
- 0% promotions for 6 to 12 months (or longer) offered with some cards
- Most have reasonable interest rates and payment plans
- Card is limited to medical expenses
Cons
- Read the fine print (interest may be applied retroactively on entire balance if not paid in full by the end of the promotional period)
- Missing a payment could cause you to lose your promotional rate
Low Interest Credit Cards
Low interest credit cards may be a good option for financing breast augmentation.
Pros
- Save money on interest
- Lower annual fees
Cons
- Typically, no rewards
- Annual fees on some cards
- Risk dragging out amount of time it takes to pay off breast augmentation
Bank or Credit Union Loans
You can secure a personal loan from most banks or credit unions for breast augmentation.
Pros
- Competitive interest rates compared to credit cards
- Potential to boost credit rating
Cons
- Fixed interest rates
- Fixed payments
Home Equity Lines of Credit
Although a home equity line of credit may be an option for breast augmentation, financing is not recommended in most cases.
Pros
- Easily accessible for most homeowners
- Tax deductible for most people
- Fixed interest rates
Cons
- Puts your home at risk
- Higher costs and fees
Cash Savings
Cash savings can be used for breast augmentation. However, it’s probably a better idea to save your savings for a real emergency.
Pros
- No borrowing
- No interest
Cons
- Less savings in case of emergency
Loans from Friends & Family
Financing breast augmentation through a loan from a friend or family member is most likely not your best option.
Pros
- No credit check required in most cases
Cons
- Jeopardizes relationships
- You still have to pay the money back
Conclusion
Ready to get started with breast augmentation financing? Easily compare multiple lenders and start the application process online on PrimeRates.com.
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