Plastic Surgery Financing for Bad Credit

Plastic Surgery Financing for Bad Credit


11 Min Read

Everybody is being judged by their looks. Skin imperfections, a double chin, crooked teeth may affect more aspects of one’s life. According to research, people considered attractive by social beauty standards have more advantages. For instance, they are more likely to land better jobs and enjoy more respect.

Due to plastic surgery loans and beauty financing plans, everybody has a chance to adjust their appearance if they wish to do so. Plastic surgery financing makes the service accessible for everybody, not just the wealthy. You might get approved very quickly because one-hour loans are now available for everyone, even with a bad credit score.

Plastic and Cosmetic Surgery Services

Plastic surgery procedures are more invasive than cosmetic treatments. Their average cost is also higher.

Surgical procedures include:

  • breast augmentation or reduction;
  • rhinoplasty (nose reconstructive surgery);
  • eyelid surgery;
  • abdominoplasty (tummy tuck);
  • body sculpting;
  • liposuction;
  • facelift;
  • post-pregnancy body contouring (mommy makeover);
  • body sculpting;
  • hair replacement.

More simple procedures and less invasive treatments include:

  • laser hair removal;
  • laser tattoo removal;
  • dermal fillers (e.g. Botox®, Juvederm®);
  • CoolSculpting® (controlled freezing fat cells);
  • chemical peels.

Dermatologic procedures are the least invasive:

  • acne treatments;
  • varicose vein treatments;
  • microdermabrasion;
  • laser and light therapy.
cosmetic surgery loans no credit check

Beauty Surgery Average Prices

The total cost of plastic surgery and cosmetic procedures is the sum of several expenses. These include staff fees, the cost of materials, post-surgical treatments, and follow-up appointments.

The American Society of Plastic Surgeons (ASPS) published the national average costs for popular procedures:

Procedures Cost
Breast augmentation $6,525
Eyelid surgery $4,725
Facelift $12,250
Liposuction $6,175
Rhinoplasty $7,650
Abdominoplasty $8,275
Breast reduction $7,275
Dermal fillers $408
Laser treatment leg veins $443
Chemical peel $644
Laser hair removal $237

The cost of the procedures will differ depending on the state and the medical facility.

Plastic Surgery Financing Options

It’s no secret that plastic surgery comes with a hefty price tag. Nonetheless, more Americans undergo cosmetic and surgical procedures every year. That is partly due to the various financing plans available on the market.

Medical Credit Card

Some medical institutions approve the use of medical credit cards. They function like traditional credit cards. You use them to pay for plastic surgery, then repay the cost in monthly payments. The use of medical credit cards is limited to healthcare procedures. One popular example is CareCredit.

A medical credit card comes at a high-interest rate. It is critical to pay it off on time to avoid credit card debt.

Personal Loan

You can use a personal loan to finance your plastic surgery. In this scenario, you would borrow from a bank or a credit union. You will then repay the debt in fixed monthly installments. Providing loans for beauty financing is at the discretion of the loan provider.

Lenders that offer personal loans will pull your full credit report. That may affect your credit score. For unsecured personal loans, a good credit score is necessary for approval. If you have poor credit, you may try your luck with a secured personal loan.

Home Equity Loan

If you’re a homeowner, a home equity loan can give you the funding they need. Although these loans are usually used as bad credit home renovation loans, you can also get them to finance your plastic surgery. This form of borrowing uses the house as collateral and works for people with poor credit. A home equity loan has a relatively low interest rate and convenient loan terms. Commonly referred to as a second mortgage, it allows you to borrow against a property that has already been pledged as collateral for an existing mortgage. The main difference between a home equity loan and a mortgage is that you can use the money from a home equity loan for any purpose you want.

Payday Loan

A fast loan till payday can help you pay for cosmetic surgery. There are cosmetic procedures that fall in the range of amounts up to $1,000. Payday lenders disregard bad credit when determining your eligibility for a loan. They only perform a soft credit check.

Most applicants are almost guaranteed approval if they meet the main eligibility criteria. These loans must be repaid in a lump sum, usually on your next payday. Some lenders also offer installment loans of up to $5,000. Maximum amounts vary depending on the state.

Medical Loan

Medical loans are provided by a loan broker or in-house through the surgeon or the medical institution. A medical loan is similar to a personal loan, but you can only use it for medical procedures. The lender checks your credit history before approving your application. A medical loan can be secured and unsecured.

401(k) Loan

Sometimes you may be able to borrow money from your 401(k) retirement plan. The funding method works best for short-term loans repaid on time. If you keep to the loan terms, it is tax-free, and it doesn’t affect your credit rating. There is no other cost than an origination fee or some small administrative charges.

Can an Insurance Plan Cover Plastic Surgery?

If surgery you’re planning to make is not considered medically necessary, most health insurance payment plans won’t cover it. Medically necessary, or reconstructive surgery is the one that is performed to restore normal appearance or function. This is made by elimination of defects caused by traumas, diseases, accidents, or medical conditions.

Here are several examples of reconstructive plastic surgery procedures:

Cleft lip and palate repair. An insurance plan may cover cleft lip and palate repair if it’s considered medically necessary. This may include repairing speech problems, feeding difficulties, and preventing ear infections or hearing loss;

Moles. If a doctor finds your skin mole suspicious, it can be covered by your insurance plan. Suspicious moles include those that are potentially cancerous or precancerous, bleeding, itching, or growing;

Deviated septum. This refers to a structural defect in the nose. Insurance may cover it if it causes breathing problems, even if the surgeon includes some cosmetic alterations.

Breast reconstruction. Insurance might cover it to treat disfigurements caused by mastectomy, lumpectomy, or congenital deformities, along with removal and/or reconstruction of faulty breast implants;

Reconstructive surgery after burn injuries. If you need to improve function or to correct disfigurement caused by the burn, insurance may consider it medically necessary. Additionally, insurance may cover ongoing medical treatment and rehabilitation;

Blepharoplasty. If you want to correct problems caused by droopy eyelids or damaged eyelid muscles, surgery on the eyelids may receive coverage.

Panniculectomy. Removing excess skin after significant weight loss in obese individuals can sometimes be covered too. However, it depends on the state of residence.

These are just a few examples, not an exhaustive list. You can contact your insurance company and consult on whether your case is medically necessary. If it’s not, you will have to think about other ways to finance plastic surgery.

Plastic Surgery Loans for Bad Credit

There are two easy workarounds for a low credit score. The first one is opting for a secured loan, and the second is going for payday loans. Payday lenders’ requirements are more relaxed. They are more likely to offer you a loan with no credit or low credit. 1F Cash Advance can help you access direct lenders to finance your plastic surgery costs.

get plastic surgery loan

Benefits of Beauty Financing Loans for Bad Credit

Finding a bad credit loan for your plastic surgery has several advantages:

  1. You don’t need to wait until you save up enough money to pay for plastic surgery;
  2. Having a good credit rating is not necessary, and your credit history won’t be affected;
  3. Payday lenders offer 80% guaranteed financing, which means that most applications are approved;
  4. By applying through referral services like 1F Cash Advance, you reach dozens of lenders at a time. They all compete to work with you.

There is no right way to finance your plastic surgery. Weigh your options to find the surgery loan that suits you best. Poor credit will not impede getting your plastic procedure.

Things to Consider before Taking a Plastic Surgery Loan

Plastic surgery is more available nowadays. However, before making the arrangements, it’s worth estimating if you can afford it in the long run. There are factors to consider before applying for a plastic surgery loan.

1. Your Credit History

You need to know where you’re standing to check if you can qualify for a loan. Your credit history and score will have a direct influence on the rates and loan terms you get. If there are any mistakes on your credit report, you will need to dispute them before applying for a loan.

2. APR and Fees

A loan’s APR (annual percentage rate) can add to the total cost of the sum that you borrow. Make sure you are aware of all the fees that may apply. Ask your loan provider about any origination fees, administrative charges. Find out about penalties in case of prepayment or delayed payments. Additional charges can make your cosmetic surgery procedure even more expensive. We advise you to be cautious and stay well-informed.

3. Your Budget

Estimate if you will be able to repay the loan. Deduct the monthly payment you will owe post-surgery from your monthly income. If it doesn’t look doable, consider an alternative loan. Take into account the deferment period if it applies to your case. Not paying off the loan within the deferment period will result in high interest and increase the total loan cost.

4. Your Health Insurance

Your health insurance plan may cover your surgical procedure. If it is a medical issue, you may be eligible. Ask your doctor if the procedure you are going for can be covered by insurance.

Often, if you have surgery to relieve pain but also ask for a few cosmetic touches, your insurance will cover it. Moreover, your insurance may cover a part of the procedures for a mommy makeover like a breast reduction, as detailed in Dr. Joshua Greenwald’s article.

5. Reputable Healthcare Providers

Do some research on medical facilities and their plastic surgeons. While chasing a lower price on surgical procedures, don’t overlook the quality of services and materials used. There are enough cases of faulty procedures to make us all more cautious.

Main Takeaways

  • It’s possible to find plastic surgery loans, even with bad credit;
  • Prices for plastic and cosmetic surgery vary in different states;
  • It’s essential to ask about all possible fees and conditions before signing a loan agreement;
  • Your health insurance may cover a medical procedure. That may be possible even if there is an additional cosmetic aspect to it;
  • Researching reputable healthcare providers is critical.
  1. Find an ASPS board-certified plastic surgeon:
  2. Check if your procedure is covered by insurance:


Can I get plastic surgery financing with bad credit?

Yes, it is possible to find a way to pay for plastic procedures, even with a poor credit score. This may result in a higher interest rate. Going for a secured loan or a payday cash advance are two examples of loans you can take with a poor credit score.

Will my insurance cover my plastic surgery?

It depends on your health insurance plan. Most services support reconstructive surgeries after an accident or surgeries that relieve pain. Elective procedures are not usually covered by insurance. You need to find financing for them on your own.

Is it worth going for in-house surgery financing?

In-house surgery financing may be suitable for patients with bad credit. It is a loan from a medical institution without third parties. Bear in mind that each loan provider will have different terms.

What credit score do I need for a plastic surgery loan?

The higher your score, the better. Many loan providers require a minimum score of 660. Requirements vary with different lenders. Secured personal loans and payday loans are easier to obtain with poor credit.

Get The Plastic Surgery You Need, Without The Worry Of Bad Credit – Apply For Financing Today!Apply

Kerry Vetter

Written by Kerry Vetter

Written by Kerry Vetter

Kerry is a finance expert thanks to her Boston College education during the 1990s. Today she shares this valuable knowledge through the pen and online from her home in Chestnut Hill, Massachusetts. The years of experience results in relevant, practical and wise advice.

You May Also Like