Insurance vs Financing

[LindsayLouLou 3]

Hello! I'm currently waiting to hear from my insurance about coverage.... If insurance doesn't cover all or only a portion of surgery, how does one go about financing this procedure? I have decent credit.

[LilMissDiva Irene 3,282]

Here's what I did: Got a personal loan from Wells Fargo, opened an account with Care Credit (used this the least because the APR is super high) and I even sold one of our extra cars. Worked for me! If you have decent credit find out about your bank and if they'll give you a personal loan.

Try to also look for credit cards with low APR's or that offer 0% for so many months. Have a yard sale or sale things around your house that you're not using. It may only come up to a few hundred but it's better to pay that than have those hundreds on credit and continuously paying interest on it.

If you want surgery bad enough sometimes you have to do things for it you wouldn't otherwise do. I can tell you this, every penny I paid was worth it's weight in gold. Good luck!

Edited March 7, 2014 by LilMissDiva

[LindsayLouLou 3]

Wow! So the bank wouldn't loan you the full amount? Would carecredit finance the whole thing? I'm still waiting to hear from the insurance company.... I just don't like the thought of having to get multiple lenders! That means multiple monthy payments for one procedure! Not sure I can swing that!

[erp 2,016]

Wow! So the bank wouldn't loan you the full amount? Would carecredit finance the whole thing? I'm still waiting to hear from the insurance company.... I just don't like the thought of having to get multiple lenders! That means multiple monthy payments for one procedure! Not sure I can swing that!

Make 2 payments if you have too. Care credit is high interest. You may also want to check out the Mexico thread. Lots of happy folks were sleeved there for a lot less than in the US.