Key Takeaways
- The practice offers payment plans through Cherry, a buy now, pay later company for health and wellness purchases.
- Applying takes about 60 seconds. There are genuine 0% APR options and interest-bearing plans with APR as low as 5.99%.
- Promotional rates are subject to eligibility, and the specific terms depend on your credit score and other factors.
- Before applying, ask the practice about the lengths of the plan, the size of the down payment, and the APR that you will be offered.
Fortunately, paying for cosmetic surgery in a single payment isn’t the only option. Rather than paying the lump sum for the procedure, plastic surgery payments can be spread out in installments.
Therefore, being well-versed in the intricacies of plastic surgery payment plans is vital if you are currently contemplating surgery and need to know how you will finance your transformation. Many patients look into cosmetic surgery financing first and want to know what the payments might look like. The questions are pretty straightforward: How does the process work? How much could the monthly payments be?
Let’s break down how these options work, what options are out there, and what you might want to look out for when you approach The Plastic Surgeon Miami, the practice of Dr. Ramiro Morales in Miami, Florida.
How Does Cosmetic Surgery Financing Work?
Start with who provides the plan. The practice offers its payment plans through Cherry, a buy now, pay later company that helps people pay for health and wellness purchases over time.
Financing of this kind allows a patient to pay for the cost of the treatment through monthly payments instead of a single charge.
Cherry describes the process in three steps.
First, you see if you qualify. The application takes about 60 seconds.
Once you’re approved, you can use the financing to pay for your treatment. Then you pay the amount back in installments based on the plan you choose.
The financing page also lists 0% APR options. Patients who already have a plan can manage their account through the option provided on the same page.
What Plastic Surgery Payment Plans Can Look Like
Before using the financing tool, you can use the example payment tool on the financing page to see how much you will have to pay back in a certain period. After that, you will need to choose the button for personalized options for the payment plan.
The page also provides an example of financing. A $400 payment plan with Cherry may cost $100 per month for 3 months at 0% APR and a down payment at the time of purchase equal to one monthly payment. Such financing enables patients to pay for treatment over an extended period of time instead of paying all at once.
0% Interest Surgery Financing and Interest-Bearing Plans
Many patients ask about 0% interest first. The page lists true 0% APR options as available. It also lists interest-bearing plans, with APRs as low as 5.99%. Two kinds of plans therefore appear for patients to choose from.
Neither is promised to every applicant. It is stated that 0% APR and other promotional rates are subject to eligibility. Exact terms and APR depend on credit score and other factors. For that reason, read the 5.99% figure as the lowest rate shown rather than the rate every patient will receive.
Approval Amounts, Fees and Credit Checks
Approvals may be available for up to $50,000. Cherry says there are no hard credit checks and no hidden fees, and the application takes about 60 seconds.
Cherry payment options are issued by its lending partners. Before applying, you can review the available lending partners and terms on Cherry’s website. Cherry also provides FAQs and a help center if you have questions about the application or payment options.
CareCredit for Plastic Surgery: How Does It Compare With Cherry?
Some patients search for CareCredit when looking for ways to finance plastic surgery. The Plastic Surgeon Miami’s financing page currently directs patients to Cherry for its payment plans.
If you are considering another financing provider, ask the practice whether that option can be used for your procedure before applying. This can help you understand which payment options are actually available for your treatment.
What to Ask Before You Apply
Bring a short list of questions to your consultation. Ask which Cherry plan lengths the practice offers, because not every provider offers every term. Ask what the down payment would be for your plan. It also helps to ask what APR applies to you and whether a 0% option or an interest-bearing option is the one available to you.
Asking these questions before applying can help you understand which terms may apply to you. The practice can be reached at (954)-450-6594.
Financing and Your Treatment Plan
If you’re considering cosmetic surgery, you can look through the practice’s service pages to learn more about the procedure you are interested in. You can browse through breast augmentation, breast lift, abdominoplasty, liposuction or mommy makeover, for example. Then, having decided which type of surgery you need, you can move on to the financing page to learn more about the payment options.
Next Steps
Review the sample payments on the financing page and when you are ready, fill out the application. From there, any questions can be addressed during a consultation at the office.
Schedule an appointment today.
Frequently Asked Questions
How does cosmetic surgery financing work at The Plastic Surgeon Miami?
The practice offers payment plans through Cherry. You see if you qualify, use your approval to pay for treatment, and then pay over time on a plan length that fits your needs. The application takes about 60 seconds.
Is 0% interest surgery financing available?
The financing page lists true 0% APR options. It also states that 0% APR and other promotional rates are subject to eligibility, so a 0% plan is possible but not guaranteed. Interest-bearing plans are listed too, with APRs as low as 5.99%.
Does applying for plastic surgery payment plans involve a hard credit check?
The page states there are no hard credit checks, ever. Exact terms and APR still depend on credit score and other factors, so the plan you see may differ from another patient’s.
How much can I be approved for?
The page lists approvals of up to $50,000. Exact terms and APR depend on credit score and other factors.
Can I use CareCredit for plastic surgery here?
The payment plans on the practice’s financing page are offered through Cherry. If you are considering another payment option, call the practice at (954) 450-6594 to ask whether it can be used for your procedure.
Are the example payments on the financing page exact?
No, they are examples only. One example shows a $400 plan costing $100 per month over three months at 0% APR, with a down payment equal to one monthly payment due at purchase. Not every provider that uses Cherry offers the terms shown, so confirm the details with the practice.
