Is CareCredit a safe financing option?

I would really like to pay for half of my rhinoplasty in cash and the other half I would like to finance but CareCredit seems risky and I have read that they have charged many many people interest even when the payments have been made on time. Is this a safe option? Are there any other ways? I am sort of on a time frame because I am enlisting in the Air Force and would like my nose done before leaving for basic and I need my surgery done asap.

Doctor Answers 13

Is CareCredit Safe?

We have successfully used CareCredit in our practice for many years and have had no complaints about improper fees or interest. Please call CareCredit for clarification. Good luck. Dr. Gervais

Minneapolis Plastic Surgeon
4.8 out of 5 stars 176 reviews

Care Credit and credit financing of elective procedures

Is it a good idea to pay for elective surgeries using a credit card company such as Care Credit?  Much of what is purchased in today's market is done with credit card companies. When using these, it is important to understand the financial terms of using them including the penalties for not paying off the balance in a timely manner. Interest rates can be high.    Personally, we do not want any of our patient to incur an unwanted financial penalty in addition to the costs of an actual procedure.  As there are pros and cons of using 'borrowed money", each patient needs to be clear about how much their personal savings can tolerate without creating additional stress. 

Donn R. Chatham, MD
Louisville Facial Plastic Surgeon
5.0 out of 5 stars 69 reviews

Rhinoplasty financing

We have been using care credit for years at our office, their terms and conditions are very straight forward.  Depending on your personal finances you may be able to get better terms with your local bank or credit card if you are not happy with their terms

Ronald J. Edelson, MD
San Diego Plastic Surgeon
5.0 out of 5 stars 27 reviews

Care credit is reputable

We have used Care Credit in our office for over ten years without complaint.  They seem very upfront about terms, including repayment options and interest rates.  The only thing that has come up in our practice is that providers can sign on to work with Care Credit at different levels.  For example, we only begin to offer Care Credit for charges over $2000.  As long as you are clear on that with your provider (each provider sets their CC involvement) you will be fine.

Kevin Robertson, MD
Madison Facial Plastic Surgeon
4.7 out of 5 stars 14 reviews

Financing options

There are many options to finance  1/2 of of a rhinoplasty. These include a personal banker at your local bank, credit cards.  There are many 3rd party financing options.  You may also make  all of the payments first and then have the surgery

William Portuese, MD
Seattle Facial Plastic Surgeon
4.8 out of 5 stars 146 reviews

Care Credit

I have not heard any complaints from patients about the safety or trustworthiness of Care Credit.  It is utilized heavily for elective surgical and dental procedures in the United States.  I recommend that you call the company for clarification and with any concerns that you might have.

Stephen Prendiville, MD
Fort Myers Facial Plastic Surgeon
4.8 out of 5 stars 95 reviews

Care Credit is a popular option

Ashley, We accept Care Credit in our office, and many patients choose to use it because of the ease of service and the availability of zero percent financing for different options of payment. I have heard that interest is hefty if you do not paid off the balance during the time period that was originally chosen for financing. Other than that, my patients seem very happy with Care Credit. I would keep a careful watch on the balance, make every payment on time,  and pay it off before the due date.

Mark E. Mason, MD
Dallas Plastic Surgeon
4.3 out of 5 stars 26 reviews

Is CareCredit a safe financing option?

Thank you for the question.
In our practice, we use Care Credit as well as other companies; they have been used by our patients with no problems. They do have different rates so please make sure you get all of the information you need prior to signing up with any financing company.
Generally speaking, it is always in patients' best interests to achieve a certain degree of financial stability prior to undergoing elective surgery of any type. Patients should also keep in mind that additional surgery may be necessary in the short or long term, following the primary procedure that is being performed; this additional surgery may be associated out-of-pocket expenses. Again, best to achieve a physical, emotional, psychosocial, and financial “stable state” prior to considering elective plastic surgery. Best wishes.

Tom J. Pousti, MD, FACS
San Diego Plastic Surgeon
5.0 out of 5 stars 1,502 reviews

Is CareCredit a safe financing option?

CareCredit is as reasonable a finance company as any of the others.

Find a board certified plastic surgeon who performs hundreds of rhinoplasties and rhinoplasty revisions each year. Then look at the plastic surgeon's website before and after photo galleries to get a sense of who can deliver the results.

Kenneth Hughes, MD

Los Angeles, CA

Kenneth B. Hughes, MD
Los Angeles Plastic Surgeon
4.9 out of 5 stars 496 reviews

Care Credit for Surgery Payment

We have used Care Credit for many years without any of the concerns you mention. Our patients have no problem and we have had nothing but professional and reliable relations. There are other companies that lend money for surgery, but Care Credit is the largest. They are a part of GE Financial, a very large, reliable firm. You could also charge the remaining fee on a credit card, but those fees to carry the credit are usually significantly higher.

Robert T. Buchanan, MD
Highlands Plastic Surgeon
5.0 out of 5 stars 6 reviews

These answers are for educational purposes and should not be relied upon as a substitute for medical advice you may receive from your physician. If you have a medical emergency, please call 911. These answers do not constitute or initiate a patient/doctor relationship.