Some plastic surgeons offer payment plans so you can spread the cost of your procedure over several weeks or months, while others may finance low-interest loans through their offices. However, if the doctor you choose doesn't provide any type of deferred payment option, there are a number of companies that finance cosmetic surgery procedures. Terms and requirements will vary by lender. For example, the amount you borrow can range from as little as $1000 (one thousand dollars) or up to $20,000 (twenty thousand dollars). Some companies offer only two- or three-year loans, while others may give you the option of stretching payments over a four- or five-year period. Many lenders allow you to have a co-signer, someone who shares in the responsibility for repaying the loan. In some cases, a co-signer may be required, such as when you have little or no credit history. Certain lenders require a down payment, while others don't. The finance rate will vary depending on current interest rates, your credit history, and the particular lender you approach. When choosing a finance company, be sure to consider not just the amount of your monthly payment, but also the total amount you'll be paying over the life of the loan.
