Plastic Surgery Financing for Bad Credit

Plastic Surgery Financing for Bad Credit

Kerry Vetter
by Kerry Vetter
Published: July 8, 2021

Table of Content

Plastic and Cosmetic Surgery Services
Beauty Surgery Average Prices
Plastic Surgery Financing Options
Plastic Surgery Loans for Bad Credit
Benefits of Beauty Financing Loans for Bad Credit
Things to Consider before Taking a Plastic Surgery Loan
Main Takeaways
Useful Links

Appearance plays a crucial role in modern society. 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. There are affordable plans to finance plastic surgery, 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.

Beauty Surgery Average Prices

Cosmetic surgery loans no credit check

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:

  • 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 could 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

For house owners planning plastic surgery, a home equity loan can get them the funding they need. It 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. Besides, if you need money to renovate your house, but have a poor credit history, feel free to apply for bad credit home renovation loans. You’ll get the best interest rates and no additional fees.

Payday Loan

A cash advance loan 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.

Plastic Surgery Loans for Bad Credit

Plastic surgeries are more popular among average Americans. As a result, more lenders provide financing for plastic surgery procedures. Financing options range in amount and repayment terms, depending on lenders and state. Many applicants search for no credit check loans to pay for cosmetic surgery.

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. 1FirstCashAdvance can help you access direct lenders to finance your plastic surgery costs.

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. Secured personal loans may work even with bad credit;
  3. Payday lenders offer 80% guaranteed financing, which means that most applications are approved;
  4. By applying through referral services like 1FirstCashAdvance, you reach dozens of lenders at a time. They all compete for your business.

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 a series of 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 before the deferment period will add to your interest and add to 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. People who need reconstructive surgery after an accident also usually qualify. A medical procedure meant to reduce pain or discomfort can be on the list of covered issues:

  • weight loss;
  • deviated septum that obstructs breathing;
  • suspicious skin moles;
  • breast reconstruction after deformities;
  • severe cases of varicose veins.

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. For example, insurance could agree to cover for your 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:
  3. Cosmetic and plastic surgery procedures: 


  1. 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.
  2. 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.
  3. 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. If you find them convenient, an in-house surgery loan is not much different than a regular loan.
  4. 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.

Kerry Vetter is a consumer finance expert and writer, who has been engaged in creating finance-related content for more than ten years. Her expertise is approved by obtaining a Bachelor of Science in Finance from Boston College, as well as receiving three major certificates as a professional advisor and counselor.  At the moment, Kerry is an author of multiple educational articles and insights that have been created in order to increase and develop financial literacy and responsible borrowing among US citizens. Her expert relevant savings advice has helped a lot of people overcome their financial issues and find out more about principles of smart spending, the right investment decisions, and budgeting.  You can read more about Kerry’s professional background here.