Over-extended Credit: Can you Still Qualify for a Cosmetic Surgery Loan?

admin — Wed, 04 Nov 2009 14:37:46 +0000

With beauty being within reach for so many, no one can blame someone for wanting to look their best. Look at how society treats people who look good. They land the best jobs, have the best looking boyfriends and girlfriends, and they also seem to get the most attention. It isn’t wrong for someone to have those things if they believe they can acquire them. However, there is one thing that can stand in the way and that one thing is money.

Through the years, there have been new ways of financing such things as cosmetic surgery so that people can look their best. It helps their self-image and the way that other people perceive them. However, the procedures can be quite expensive depending on what the person wants done, but there is a way to fix this financial issue when it comes to looking good, and that is financing.

But there are some things to keep in mind when it comes to financing cosmetic surgery and that is the fact that many lenders look for a credit score over 700, which in this day and age is not as common as it used to be. That is why there are some lenders that will go ahead and finance cosmetic surgery for those who may not have the credit history that some lenders look for.

About the cosmetic surgery loan

When cosmetic surgery started growing in popularity beyond the rich and the famous, doctors began developing a fee that covered everything such as the procedure, the hospitalization cost, the medication, materials used in post-op, and the various other expenses incurred due to cosmetic surgery. This is when cosmetic surgery loans were created in order to help people cover the entire cost of their surgical procedure and everything associated with it.

However, because cosmetic surgery cannot be repossessed like a house or a car, the lenders had to make sure that those applying for the loans had an excellent credit records. Even with excellent credit, those applying for cosmetic surgery loans incurred an interest rate of up to 10%. However, with cosmetic surgery being used on people needing it for medical reasons, some lenders relaxed their requirements and are allowing borrowers with less than perfect credit to acquire cosmetic surgery loans.

Even if the procedure is not medical, they are still allowing financing for the procedures. But it is very likely that the interest rates can be anywhere between 14% and 24%, which really does not stop many from going ahead and achieving their dream of looking wonderful. The lender also reports to the credit reporting agencies, which can improve the borrower’s credit with timely payments.

To take the loan or not to take the loan

If someone really wants the procedure done, then they will take the loan and not let the interest rates deter them. The truth is, if they make their payments on time, they are going to be able to improve their credit rating more than if they had never taken out the loan. Taking the loan can be the difference between being able to get lower interest loans or not getting lower interest loans in the future. But it is not a bad idea to be picky about the interest rate even if credit is not so great. It is good to investigate the options and find out who is best to loan the money.

Just because a person has a few negative marks on their credit report doesn’t mean they have to settle for what interest rate comes their way. In the end, they not only look great, but they are also improving their financial future.

By: Amy Nutt

What to Expect From Ear Surgery Costs?

admin — Tue, 08 Sep 2009 07:39:22 +0000

Have you decided to go ahead with cosmetic ear surgery? Are you worried about getting the right price? Generally speaking, prices don’t fluctuate that much within the U.S. The price you get for ear surgery is going to depend on several factors.

First, you can’t just choose an ear surgery procedure based on cost alone. Remember this is your body you are talking about. You need to find a reliable surgeon, one that has a great deal of experience, who is board certified by the Plastic Surgeon’s Association and a doctor that has in hospital rights.

How Much will Ear Surgery Cost?

Cost will vary from state to state. The procedure may cost more in California than it does in New York, but generally speaking, it will not fluctuate that much. Cosmetic ear surgery will cost anywhere between $2,000 and $5,000 for the surgery alone. This price doesn’t include pre-operative or post-operative care including any medication that is needed.

Usually, the surgeon’s fee alone runs in the mid $2,000 range, but when you add in the cost for the anesthesiologist, and the use of the facility, that cost will elevate to the $5,000 range. Many of today’s plastic surgeons offer some form of payment plan for the whole operation and some insurance companies cover part or all of the cost of the procedure.

The exact price of the procedures will depend on the surgeon you choose, his experience and what he has to do. Some procedures are more costly than others are because of what the doctor has to do to the ears and whether he only has to work on one ear, or both.

Other Factors that will Influence the Cost

Sometimes reconstructive ear surgery will involve taking cartilage from one part of the body and using it in the ear. Depending on how much the surgeon has to do in this procedure, the cost will reflect it. Obviously, this is a more extensive procedure and will cost more than just pinning the ears back into place.

Will My Insurance Cover the Otoplasty?

Some insurance companies will cover the procedure, depending on the reason for it being done. If it is being performed because of a major deformity or a defect, then it might be covered. If you are thinking of using your insurance to cover the cost of surgery, your carrier needs to be contacted as soon as possible, to see if the surgery will be covered or not. It is usually a good idea to have the surgeon himself write the insurance company and state the reason for the surgery.

If the procedure is being performed just because the ears don’t look right and it is only a cosmetic procedure, then none of the insurance carriers will cover the cost.

What if I can’t Afford Otoplasty?

To many people, the procedure may seem prohibitive, but as mentioned before, most plastic surgeons have some sort of payment plan that make the procedure more accessible. There are even many types of plastic surgery financing that is available to consumers of all types and income levels.

Is the Otoplasty for Yourself or Your Child?

Sometimes, as an adult, we can deal with many issues that seem insurmountable as a child. Big ears are one of these things, which really tend to bother children and cause them to be the brunt of a lot of bullying and snide remarks. Children with malformed or large noticeable ears can really be affected throughout their childhood. This can affect the way they see themselves and the way they relate in their world.

It would seem that a process as simple as otoplasty would not be seen as such an expensive procedure when viewed from this perspective.

By: Jennifer Henrie

Plastic Surgery Financing » Ahead

Over-extended Credit: Can you Still Qualify for a Cosmetic Surgery Loan?

What to Expect From Ear Surgery Costs?