Cosmetic surgery financing companies may cater to patients with a bad credit history. Review the pros and cons of the various borrowing options, and choose the alternative that best meets your needs.

Finding creative plastic surgery financing options can save you a bundle of money. Traditional companies will check your consumer report and credit score, and quote an interest rate that you may not like, or turn down your application.

Follow this simple four-part outline. Improve the chances of obtaining the funding you need to improve your appearance – at terms that you can afford.

  1. Reviews of secured and unsecured financing options
  2. Ways to finance surgery with no credit checks
  3. Forms of assistance for patients with financial problems
  4. Companies that specialize in bad credit borrowers

Plastic Surgery Financing Reviews for Poor Credit

Plastic surgery financing reviews for patients with poor credit history can help you sort through the options. You have fewer alternatives when your score is very low. Therefore, choose the easiest option with the greatest chance of approval first.

Request a personal plastic surgery loan here. Indicate “medical” as the reason you need the money. Surgical patients with poor credit have the strongest chance of approval when a broad network of lenders can see their borrowing credentials. The process is easy because you submit a single request.

Also, review the pros and cons of unsecured versus secured loans and pick the alternative best for you.

Unsecured Financing

Unsecured financing is the most common way to fund plastic surgery procedures for patients with poor credit history. An unsecured loan does not require the patient to pledge collateral, such as a car or home.

Personal loans and payment plans are two sources of unsecured financing.

Personal Loans

Review the pros and cons of unsecured plastic surgery personal loans for patients with bad credit history before proceeding.

  1. The primary advantages of unsecured personal loans are privacy, control, and a simpler process.
    1. The lender does not need to know why you are borrowing the money. An elective operation has risks and can lead to lost income. Privacy works to your advantage in this case.
    2. You remain in control of the money, not the group. If approved, the lender will send the funds directly to your bank account. This gives you the freedom to work with any surgeon.
    3. The process is simpler as the patient does not have to certify the value of pledged collateral. The person only pledges his or her signature to make timely payment.
  2. The primary disadvantages of unsecured personal loans are the online interface, security concerns, and higher interest rates.
    1. You interact with an online application form rather than a real human being. This can seem impersonal.
    2. You need to enter detailed private information into an online form, including bank account and social security numbers. Make certain that the site is secure. A secure URL begins with HTTPS.
    3. Interest rates are higher for unsecured loans. The lender cannot repossess collateral to offset losses in the event of default.

Monthly Payment Plans

Most plastic surgeons do not offer monthly payment plans. They are not underwriting the procedure themselves. It is in-house in name only. The center wants their money up front and does not want to deal with late payments, collections, etc.

Therefore, the centers collaborate with another company and put a pretty name on the service (in-house payment plan). The third party company most often markets a signature loan with monthly payments.

Request a personal cosmetic surgery loan here if a center-based 3rd party payment plan is not for you. A review of in-house plastic surgery payment plans for patients with a bad credit history has a different set of benefits and drawbacks.

  1. The primary benefit is personal service and a closer working relationship with the provider group. Many providers have existing relationships with finance companies, who underwrite the payment plans.
  2. The biggest drawback is that you must use the group that arranges the payment plan through the third party. In addition, each time you apply you log a hard inquiry and hurt your score.

Interest Rates

Interest rates for unsecured financing are usually higher. A quick review of plastic surgery financing interest rates will tell you that results are all over the map.

  1. Many lenders will charge a higher rate for patients undergoing operations because of the inherent risks, and uncertain recovery times.
  2. Every patient has different qualifications, which include income, job history, as well as credit score.

Expect to find average interest rates similar to these ranges for a three-year repayment term.

RatingScoreInterest Rate
Excellent760 +7.4%
Good700 – 75910.3%
Fair640 – 69926.5%
PoorBelow 64032.0%

Secured Financing

Take time to review the advantages of two secured loan types. Secured financing alternatives give plastic surgery patients with poor credit the best odds for approval and the lowest interest rates. If you follow our specific advice, you also stabilize your finances.

Secured financing requires that you pledge collateral. Lenders are more willing to approve loans in terms that are more favorable when they own the title to an asset such as your car or home. Therefore, downsizing your vehicle is a sensible way to fund your procedure. Downsizing a home is impractical.


Trade in your existing vehicle and purchase another for less money than what you already owe on your existing car. Use the surplus to finance your plastic surgery without increasing your monthly payment or amount of debt. This may be the only way to improve your appearance without ruining your finances permanently.


A home equity line of credit is a common form of secured financing. If you have equity in your primary residence (you owe less on your mortgage than the current market price of your home), you may be able to use the equity as collateral. Keep in mind that closing costs are much higher with this alternative. Also, you risk losing your home if you default.

Cosmetic Surgery Financing with No Credit Check

A Flexible Spending Account (FSA) may provide cosmetic surgery financing with no credit check. This option works equally well for people with no, poor, even great ratings. It even offers guaranteed approval and 0% interest rates!

The amount you can borrow depends on upon the reason for the procedure.

Guaranteed Acceptance

Any person working for an employer that offers an FSA can enjoy guaranteed approval for reconstructive cosmetic surgery financing. You simply have to elect to contribute enough money to the account during your annual open enrollment.

Make certain you keep all receipts and medical records to certify the need for the procedure.

No Credit Check

An FSA allows for reconstruction cosmetic surgery financing with no credit check. Your employer cannot pull your consumer report, or log a hard inquiry on your file. They must allow every employee to participate regardless of their qualifications.

There is no application to complete, other than the election form.

No Down Payment

An FSA allows for reconstructive surgery financing with no down payment. Many people mistakenly assume that they must contribute money to the account before making withdrawals.

An FSA does not work this way, and your employer probably will not point this out to you. They must reimburse qualifying expenses when incurred, regardless of the amounts contributed.

No Cosigner

You do not need a cosigner to take advantage of FSA reconstructive surgery financing. You simply have to commit to making pre-tax contributions from your paycheck for fifty-two weeks.

Your spouse can also take out a loan from his or her employer without a cosigner. You may need to take this route if your procedure costs more than $2,500, the annual contribution limit.

Interest Free

An FSA also allows for reconstructive surgery financing at a 0% interest rate. Your employer cannot charge interest, and you repay the loan with pretax payroll deductions.

Pre-tax payroll deductions reduce your reported W2 earnings. This reduces the amount of federal income, FICA, and state income taxes you pay. These savings can translate into a negative interest rate on your loan.


There is one other thing our employer does not want you to know. If you become unemployed during the plan year, or simply change jobs, your former company must forgive the loan.

They have no legal recourse to collect any missed contributions. Do not feel bad. Your employer saves money on payroll taxes, which frequently offset losses from workers leaving the enterprise during the plan year.

Of course, if you are currently unemployed, this option does not work. You can only enroll in your FSA for reconstructive aesthetic surgery financing while working.

Cosmetic Surgery Financial Problems

Do not take out a loan for an elective cosmetic surgery if you are experiencing financial problems. If you are struggling to pay your bills today, it will not be any easier once you factor in origination fees, interest charges, principal repayment, and lost income while you recover from your procedure.

Paying for an elective procedure out-of-pocket will only exacerbate your financial problems. Examine your health insurance plan as a source of assistance, and read your provider’s financial policies and agreements before taking the plunge. Explore whether your expenses are tax deductible.

Financial Assistance

Health insurance plans provide the ideal form of cosmetic surgery financial assistance. The primary question is will they cover the procedure. The answer typically breaks on the reason for the procedure.

  • Do cover – reconstructive procedures. For example, health insurance plans generally cover reconstructive rhinoplasty after an accident and breast reconstruction after radiation or mastectomy.
  • Does not cover – procedures to improve normal appearances such as liposuction, facelifts, collagen injections, eye lifts, and a tummy tuck.

Government Financial Aid

The IRS provides a form of government financial aid for medically necessary cosmetic surgery procedures. Just because the procedure is elective does not mean that you cannot deduct some of the expenses on your taxes.

Elective means your procedure is scheduled and not an emergency. This is different from being medically necessary. Medically necessary means “health-care services or supplies needed to prevent, diagnose, or treat an illness, injury, condition, disease, or its symptoms and that meet accepted standards of medicine.”

Procedures that improve appearance are not eligible for this form of financial aid.

Plastic Surgery Financing Companies for Bad Credit

There may be much more plastic surgery financing companies for patients with bad credit history than meets the eye. Sometimes you have to think creatively to find a better deal. These companies may use different names such as credit cards, or student loans.

Credit Card Companies

Credit card companies often finance plastic surgery for patients with bad credit history. Check the “open to buy” on your existing accounts and your interest rates.

The “open to buy” is the difference between the account limit, and the existing balance on your card. If the open to buy exceeds the cost of the procedure, consider charging the full amount of the procedure. Check the interest rate on each of your card accounts. Rates vary based on your usage and risk score. Consider using a credit card if the rates are low.

Student Loan Companies

Student loan companies frequently finance plastic surgery for patients with bad credit without knowing it. Many college students frequently borrow far more than they need to pay tuition expenses, especially when they live off-campus. The school refunds any surplus directly to the student.

  • Federal student loans often come with subsidies, flexible repayment options, and easy qualifications.
  • Private student loans offer the ability to borrow large amounts with lenient underwriting criteria.

Financing Companies

Private medical financing companies are the traditional sources for funding plastic surgery for patients with bad credit history. Below are links to several companies. Just beware. They know your intentions and respond accordingly.

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