Financing w/ Aceves

[nsalex75 0]

I am 98% sure I am going to Aceves to get sleeved this summer (hopefully in June:thumbup:).

The email I got from Nina said:

"*Financed procedures may incur in additional fees, please call us for details."

Did anyone here finance with either of the 2 medical credit companies that Aceves uses? If so, anything to be warned about or was it all smooth? Were there additional fees?

Thanks in advance!

Nicole

[Dalisgirl 1]

I financed with My Medical Loan for Dr. Aceves and there is a fee of $500 that they charged me. A one time fee that the finance company charged. I only was approved for $7000 with a "Health One Visa". I was going to pay the rest out of my checking account and use my debit card. Dr. Aceves' office charges a 3% fee for using a credit card. If you use a money order, cashiers check or travelors checks, you can avoid the 3% fee. You can try for a personal loan with your bank or credit union to avoid the finance charges.

[pnw218 14]

Capital One also does medical financing via an unsecured credit card, or they used to! Who knows with the current state of affairs with lending. Their interest rate is based on your credit rating. If you can afford to make larger payments, the interest you are paying is less. I agree with Dalisgirl tho that your own bank or credit union might be much better.

Many businesses are starting to pass the 3-4% fee the credit card companies charge them to process the transaction on to the customers. That is why American Express is/was accepted by so few businesses. AE doesn't charge interest to their customers who pay the account off monthly, so they had to make money somewhere. They did it by charging 5-7% of each transaction as well as a monthly fee to the business.