I stumbled across this when I was researching braces (I have 'way crooked teeth.)
http://www.carecredit.com/patients/whatis.htm (http://www.carecredit.com/patients/whatis.htm)
Basically, it's a company that loans the money for expensive medical care that's not covered by insurance -- such as hearing aids, orthodontia, cosmetic surgery...
Your service provider has to agree to CareCredit's terms (bet they try to negotiate some sort of discount :o ), but they provide no-interest options up to 18 months, and with-interest out to 48 months.
I wonder if they cover GRS? I couldn't find anything on their site exempting it, and they do mention plastic surgery.
Here's their contact information:
CareCredit, Inc.
P.O. Box 1710,
Costa Mesa, CA 92628-1710
Phone 1-866-893-7864
Maybe if we bombard them with letters asking if they cover GRS, they'll get the hint ;D
Karen
P.S., Yes, I know it could backfire, too... :(
I wonder what borrowing for GRS would do to your credit report and credit score.
beth
I don't know what their interest rates are but I'm sure if you're gonna BORROW money for SRS, there are other loan options as well, and probably less costly too . . . No interest payments for 18 months is gonna penalize you big time over the last 36 months. Plus you won't be able to deduct it against your taxes.
Posted at: March 19, 2006, 08:27:56 PM
Ok, I checked. The interest rate is 9.90 percent. Better than most credit cards but worse than a second on the mortage or revolving line of credit based on home equity. Since they don't appear to be non-profit or recieve outside funding to help people with medical needs, they're no different than your bank on the corner -- they're in it to make money.
Posted at: March 19, 2006, 08:33:36 PM
Quote from: Hazumu on March 19, 2006, 10:09:51 AM
Your service provider has to agree to CareCredit's terms
Why? Are they gonna give your medical provider less money than you're gonna borrow?
Quote from: Alexandra on March 19, 2006, 08:37:25 PM
Posted at: March 19, 2006, 08:33:36 PM[/size]
Why? Are they gonna give your medical provider less money than you're gonna borrow?
If I were to bet, that's where I'd lay my money...
Karen