Cosmetic Surgery Loans

Cosmetic surgery that is not covered by insurance must be paid out of pocket. But many procedures are too expensive for most individuals to afford to pay up front. Cosmetic surgery loans can make such procedures affordable. But getting cosmetic surgery loans from the wrong sources can be potentially even more expensive than the surgery. Borrowing from LoanNow provides the money you need without any ugly surprises.

Maxing Out the Plastic

If you have credit cards with high credit limits, you may be tempted to finance your plastic surgery with plastic.  If your credit cards carry zero percent APRs, they can provide no-interest cosmetic surgery loans. But that strategy makes much less sense if your credit cards carry high APRs. Paying for cosmetic procedures with high-interest credit cards can result in revolving debt that you’ll be paying for years after the fact.

Bank and Finance Company Loans 

Obtaining cosmetic surgery loans from banks and finance companies requires patience, not to mention decent or good credit. Banks generally offer the lowest interest rates for loans, but you must have excellent credit, collateral, a credit-worthy co-signer or some combination of the three to be approved. Finance companies are somewhat more lenient in their credit underwriting requirements, but charge higher interest rates than banks. Both banks and finance companies frequently take weeks to make a lending decision, which could put your procedure on hold while you wait.

Peer-to-Peer Loans 

Peer-to-peer lenders apply the crowd funding model to installment loans. But borrowers may understandably feel embarrassment about posting a desire to fund elective cosmetic surgery on a semi-public forum. It may also be difficult to attract lenders to requests for cosmetic surgery loans.  In addition, peer-to-peer lenders generally require borrowers to have FICO scores in at least the mid 600s to qualify, which leaves borrowers with damaged credit out of luck.

Payday Loans: Don’t Go There 

If you have bad credit but you’re desperate to correct whatever flaw you feel is marring your appearance, you may be tempted to turn to payday lenders for cosmetic surgery loans. But no matter how unattractive you believe a certain feature is, nothing is as ugly as the trap of payday loans. Between their sky-high interest rates, unrealistically short repayment periods and the endless rollovers that result, you could very well wind up paying thousands more than you actually borrowed before you are able to close your payday loan account. Run; do not walk in the opposite direction.

The LoanNow Option 

LoanNow does not provide cosmetic surgery loans specifically. What we do provide are personal loans that you can use to cover whatever financial needs that you see fit. We don’t ask why you’re borrowing the money and we don’t force you to sell your credentials to an audience.  With LoanNow, we look beyond your FICO score to consider your entire financial situation without requiring you to wait weeks for a decision. If that seems like a good deal to you, then what are you waiting for? Give us a try!