Plastic Surgery Financing - What Are Some Reputable Lenders?

I need financing to help me pay for the breast augmentation and liposuction (i.e. mommy make over) I plan to undergo this summer, but I am kind of weirded out about getting a loan for this.  I don't want to end up dealing with some sleazy creditor that preys on people like me who just want to look and feel a little better about their bodies.  Can any doctors out there speak to which lenders their patients have worked with?  If you've heard any horror stories or would recommend one lender over another, please share.

Doctor Answers 81

Financing for plastic surgery

My practice uses Care Credit to help with patient financing. I have not had any issues or complaints with my patients about this lending group. It is always better for both you and your surgeon to avoid using the lending companies if possible. Be careful not to miss any of the scheduled payments or the interest rates can be significantly increased. Also make sure that you have a workable plan to pay off the loan. 

Raleigh-Durham Plastic Surgeon
5.0 out of 5 stars 72 reviews

Cosmetic surgery financing

Many board-certified plastic surgeons are enrolled with CareCredit. There are other financing companies, but the general economic downturn has led to some major "players" on the financing scene abandon health care financing. I think it is more important that you feel comfortable with the surgeon/facility/staff and procedure treatment plan and then your surgeon's office should be able to help you navigate through the process and make it easier on you to sort through the financing options. We can often get our patients approved for financing while they are still in the office for the initial consultation visit.

Tim A. Sayed, MD, FACS
Boca Raton Plastic Surgeon
5.0 out of 5 stars 15 reviews

Plastic Surgery Financing - Buyer Beware - Look at photos, training of your PS before checking on financing

Plastic Surgeons pay for plastic surgery financing programs. The charge to the plastic surgeon can be10% or more. This include surgeon's fee, OR fee's,anesthisia fees,  pain control devices, garments, etc.  Why would a plastic surgeon be willing to hand over a percentage of the overall cost of surgery? 

I am strongly against plastic surgery financing programs, and I have never offered them in my practice. Most, if not all, plastic surgery financing plans are not only a bad idea but also a bad deal for many patients - in some ways that are easily apparent but in other ways that are not as obvious. The most obvious way in which these plans are unfavorable and therefore undesirable is their terms, which often are interest-free for as long as a year, but that revert to an interest rate comparable to a high interest rate credit card (i.e. an APR of 20% or more) if a patient misses or is late on a single payment.
A recent Nee York Times Article - Google it - discussed the dangers of plastic surgery financing. One very interesting part of the article was when a reported asked the doctors if they would use these programs for themselves or their family members. The physicians asked  answered "no" 

I want to do everything possible to help my patients and to make every part of plastic surgery as easy and comfortable as possible. I understand that plastic surgery is expensive and it can be difficult for many, if not most people to afford the fees. However, I would not want my patients to use a program I wouldn't use myself or recommend to a family member. At some point, a program may be introduced that makes me feel differently, but until my accountant can assure me that a program is safe and easy for my patients, i am willing to lose the business that could come my way by offering plastic surgery financing

A high interest rate is, in fact, almost a necessity for a credit product that finances a service instead of a tangible asset like a home or an automobile. A creditor can repossess a home or a car, but they can’t repossess your tummy tuck. So a high interest rate helps them hedge the risk of having no collateral.
If you are considering one of these financing arrangements in order to schedule a plastic surgery procedure, do your due diligence before signing on the dotted line. Make sure that you are fully informed of the consequences of missing a payment or making a late payment. Make an honest assessment of your ability to meet the terms of the contract. Look into whether or not you can obtain better financing terms with an existing credit card account or with the bank with which you have a personal banking relationship and a credit history. And give great consideration to the way in which the concept of financing is presented to you by a surgery practice – is it an option that you can explore further on your own, or is the practice trying to ‘pull you in’ by making the financial part ‘easy’ for you?

Michael Law, MD
Raleigh-Durham Plastic Surgeon
5.0 out of 5 stars 89 reviews

Plastic surgery financing

CARE CREDIT, is the financing option our practice uses the most. I would recommend asking the office staff about what the financial responsibilities are relative to the financing option you choose. Another company is Alphaeon. I agree with one of the answers below that suggest that the financial responsibility may revert to a 20% APR in the event of late payments etc. With certain financing companies such as  CARE CREDIT, the office can choose which plan to participate in and which plans not to offer that may be too risky financially.

Ravi Somayazula, DO
Sugar Land Plastic Surgeon
5.0 out of 5 stars 23 reviews

Financing companies

The financing company we deal with is reputable and we haven't received any complaints from our patients. If you are concerned, you should review their reputation online or speak to others who have gone through the process. This may help you determine which one is most suitable for you.

Another option is to put it on your credit card, or simply wait until your financial situation allows you to have the surgery.

Financing surgery

Many patients will finance their surgery. With rates currently so low it is certainly a good option for anyone. There are several different ways you can borrow and or finance the cost. The best deal would be to use a home equity loan because of the low interest rate. You might need a relative to co-sign. If you do not have a house, or enough equity there are other companies which will lend you the money. The most popular is Care Credit. They have several different plans that you can take advantage of depending on your credit. You can also play the credit card game. Many credit cards will offer you interest free charging for 3-6 months. As long as you transfer the remaining balance to the "next" card before your interest starts you can pay out your surgery gradually over time. Just be careful with this because credit cards notoriously have extremely high interest rates. Finally there might be some doctor's office that does their own financing but I don't know of any. Good luck.

Financing Options for Cosmetic Surgery

Many American Society of Plastic Surgeons member surgeons work with CARE CREDIT.    Once you have selected a board certified plastic surgeon, speak to his/her office staff to learn more about other financing options available.  

CapitalOne or Care Credit, but do not bite off more than you can chew!


You are not alone wanting cosmetic surgery but having to take the next step to finance the procedure(s). With the economy taking a downturn, we are seeing more of our patients financing. Our top Ienders are CapitalOne and Care Credit.

I agree with Drs. Groff and Freund, that CapitalOne and Care Credit represent two of the most frequently used companies and they seem reputable. On a less frequent basis, we have seen a few of our patients using their personal credit cards, but PLEASE be aware of the terms of the loan, interest rates, etc.

Do not bite off more than you can chew! Take a good look at your budget and be practical. There are times where I advise my patients to split the procedures up and do the most important one first. And, there are times where it is best to wait until you are financially on more solid ground.

Stephen A. Goldstein, MD
Englewood Plastic Surgeon

Ask your surgeon

Each surgeons office will have a list of reputable groups that you can borrow from. It will depend on reputation and reliability and preference. Best of luck. 

Leland Deane, MD
Long Island Plastic Surgeon
5.0 out of 5 stars 13 reviews


Care Credit is the mainstay for any board certified plastic surgeon. There are other lenders out there but I would be diligent on reading the fine print. Good luck!

Sergio Alvarez, MD
Miami Beach Plastic Surgeon
5.0 out of 5 stars 15 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.