Reconstructive surgery is a branch of cosmetic surgery which deals with the reconstruction of damaged body parts due to accidents or diseases like cancer. It is also done in cases of burns, scars, injuries, and for hair transplants.
These surgeries are very complex in nature and sometimes multiple surgeries are needed to achieve the desired results. This, in turn, requires experienced and well-qualified surgeons who are adept with the best of techniques and are experts at their work. All of these factors result in high costs for the surgery.
There are many options available for reconstructive surgery loans which you can choose from to facilitate your expenses.
You can avail personal loan from your bank to meet the expense which you can pay in instalments with interest. The interest rate and the time period are fixed in these loans. The approval of the loan depends upon your credit history with the bank which also reflects on the interest rate.
Home Equity Loan
A home equity loan helps to raise cash by mortgaging the equity you have on your home. The interest rate, in this case, fluctuates with the change in mortgage rates and is therefore very volatile. This option is not very viable as it involves the risk of losing home equity.
If you already have a credit card you can use it for the payment of your surgery bills. An Annual Percentage Rate (APR) of 0% on your card will help you finance your procedure without any additional interest. Reward points on your card can also be used to provide for the process. If you do not have the 0% APR facility on your card, you may have to pay a much larger amount then the actual cost of the surgery owing to the high rate of interest they charge.
Medical Credit Card
Medical credit cards is a growing concept in healthcare where companies offer zero interest cards to patrons for a limited promotional period. They provide for all kinds of cosmetic surgeries including hair transplant surgery loans. There is an alternate option of extending the period of repayment with an optimum interest rate until the balance amount is cleared.
Doctor’s Payment Plans
Many plastic surgeons provide the facility of credit to their patients with the ease of payment by mutual agreement. Both the parties on common grounds decide the terms and conditions of the payment.
The best option always is to be able to pay your bills without any kind of loan to cater to. But if you must take reconstructive surgery loans, do consider all options with the pros and cons of each in mind and the future prospects of the loans. You must be fully prepared before you take your final decision so that you can have a beautiful body with a peaceful mind at the end of the complete process.
Cosmetic Loans Finance
Phone: 0161 413 6060