Question about care credit

[NewAshes 232]

So if my bf applies and gets it can he use it for me?

[KristinaRnY 455]

Yes

[Kitt3000 757]

It's a credit card basically .

[Teachamy 1,042]

A credit card with very high interest, based on my recollection.

[mrsto 2,925]

Care Credit is interest free for a designated amount of time. But like other credit cards with an interest free promotion period, they hit you for all the interest if not paid off within the promotional period of time. I think, between 6-12 (maybe 18) months....something like that. I've used it a few times when I needed a lot of dental work.

Some doctors want to increase the procedure price if you use Care Credit, because they get hit with a big fee. But I've only had one tell me that.

Edited March 6, 2014 by mrsto

[NewAshes 232]

Even if you have good credit it still has high interest?

[mrsto 2,925]

I don't know what the interest rate is on Care Credit right now, but the key to using it, is the months they give you interest free. I just looked online, and depending on the procedure cost, and if the doctor accepts Care Credit, they have different terms; 6,12,18, 24 and (if I read it right) up to 60 months. I don't believe the interest rate is dependent on your credit score, but I can't say for sure.

Here is a link the their website. http://www.carecredit.com/faqs.html

[PrincessErin 64]

I used it and the interest rate wasn't horrible. They have a website. But yes your bf can use it on you. It is a credit card. But if he has great credit you should get a loan from your bank, you might get a lower rate.