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Best Plastic Surgery Loans

Cosmetic surgery can be expensive, and your health insurance may not cover the full cost. You might need a plastic surgery loan to help pay for the cost. Luckily, the best plastic surgery loans are quick and easy to apply for.

Best Plastic Surgery Loans
Lindsay Frankel
Personal Finance Expert

Most common cosmetic surgeries cost several thousands of dollars. For example, the average breast reconstruction surgery costs $15,225, according to CareCredit, a medical credit card provider. If you’re wondering how to pay for plastic surgery, one financing option you may consider is a plastic surgery loan. When you apply for a cosmetic surgery loan from an online lender rather than a bank, you’ll enjoy a faster, easier process. Some online lenders also have more lenient qualification requirements. Our team of financial experts reviewed and ranked more than 30 online lenders to help you choose the best plastic surgery loan for your needs.

Our Top Picks for Best Plastic Surgery Loans

rocketloans_logo
  • Same-day loan approval
  • Competitive interest rates
  • Credit scores as low as 640 accepted
Min. Credit Score
Min. Credit Score 640+
Loan Amounts
Loan Amount $2K-$45K
Est. APR
Loan Repayment 36-60 months
provider_amone-logo
  • Variety of personal and business loans
  • Fast application process
  • Loans are available for borrowers with low credit scores
Min. Credit Score
Min. Credit Score 550+
Loan Amounts
Loan Amount $100-$50K
Est. APR
Loan Repayment 12-72 months
upstart review
  • Loans can be funded in one busines day
  • Prequalification with a soft credit check
  • Accepts borrowers with fair credit
Min. Credit Score
Min. Credit Score 600+
Loan Amounts
Loan Amounts $1K-$50K
Est. APR
Loan Repayments 36-60 months

How to Choose the Best Plastic Surgery Loan

When comparing cosmetic surgery loans, you’ll want to pay attention to the following factors. Our team of experts evaluated each lender using the criteria below:

  • Loan Features: Make sure the lender offers the amount you need with a term that results in a monthly payment you can afford, and check to ensure there are no restrictions on using the loan for medical purposes.
  • Interest Rates and Fees: Aim to apply for the loan with the lowest interest rates and the fewest fees that you are eligible for based on your creditworthiness. Avoid all lenders that charge prepayment penalties.
  • Application Process: Consider whether the lender offers prequalification without a hard credit pull. If your reconstructive surgery is an emergency, pay attention to each lender’s funding time as well.
  • Qualification Process: Some lenders have stricter qualification criteria than others. Make sure you’re likely to qualify before you formally apply.
  • Customer Support: Check the lender’s options for getting in touch with the customer support team. You should be able to find a convenient time to call or email when assistance will be available.
  • Online User Reviews: Look at what people are saying about each lender on third-party review sites like Trustpilot, CreditKarma, and ConsumerAffairs. Any negative patterns in customer reviews should raise a red flag.
  • Perks and Bonuses: Some lenders offer payment flexibility, hardship protection, educational resources, or other benefits. If you want advanced technology such as mobile app loan management, you should look for lenders that offer that as well.

Best Plastic Surgery Loan Options for 2022

1. Rocket Loans — Best for Quick Loans

If you need a loan for cosmetic surgery and you’re hoping to get the funds the same day, Rocket Loans is your best bet. The lender offers same day loans for a variety of uses, including medical procedures. Rocket Loans also has excellent customer service reviews and no prepayment penalties. And while the lender charges an origination fee, Rocket Loans may be easier to qualify for than some other lenders.
Pros
Funding as soon as the same day
Excellent customer service reviews
No prepayment penalties
Easy online application process
Prequalify without hurting your credit
Cons
Only two term options
Charges an origination fee
No cosigned or joint applications

rocket loans
You can borrow between $2,000 and $45,000 from Rocket Loans to use for your cosmetic surgery and repay the loan over a 36 or 60 month term. APRs range from 6.723% with the Autopay discount to a maximum of 35.89%. Rocket Loans also charges an origination fee of 1% to 6% and a late payment fee of $15. Once approved, funds can be transferred to your account the same business day. Rocket Loans doesn’t disclose minimum credit score or income requirement, but the lender notes that a score between 600 and 700 is generally needed to qualify for a personal loan.

The Bottom Line

With few restrictions, large borrowing amounts, and fast funding time, Rocket Loans are ideal for cosmetic surgery financing. It’s even possible to be approved with fair credit.

2. AmOne — Best for Loan Comparison

If you want to check your rate with multiple lenders in one spot, AmOne is our top pick of the loan comparison platforms. They offer options for every credit tier, and you’ll only need to enter your personal details once. Just be aware this may result in sales calls from lenders, even after you’ve selected the best loan to fund your cosmetic surgery.
Pros
Options for every credit tier
Flexible repayment terms up to 72 months
Quick and easy process
U.S.-based customer support team
Get multiple rate quotes without hurting your credit
Cons
Rates and terms vary by lender
May lead to calls and emails from lenders

amone
Depending on the lenders you’re matched with, you can borrow up to $50,000 using the AmOne platform. Terms vary up to 72 months and APRs range from just 2.49% to 35.99%. Funding time varies but can be as quick as the same day. AmOne has options for all credit tiers and incomes, but the best rates are reserved for borrowers with excellent credit.

The Bottom Line

If you’re curious to see what you’re eligible for and don’t mind screening a few calls from lenders that can offer you a loan, AmOne can save you a lot of time and provide you with personalized support.

Try AmOne

3. Upstart — Best for Bad Credit

Upstart welcomes applicants with credit scores as low as 300 as well as those with no credit history but still caps rates at 35.99%. You can check your rate without hurting your credit, and most people receive their funds the same day, so Upstart is ideal for bad credit borrowers who are planning how to finance plastic surgery.
Pros
More lenient qualification requirements than other lenders
APRs capped at 35.99%
Excellent customer service reviews
99% of loans funded within 24 hours
Allows you to change your due date
Cons
Only two term options
No cosigned or joint applications
May charge an origination fee
Charges a late payment fee
Not available in West Virginia or Iowa

upstart
You can borrow between $1,000 and $50,000 from Upstart with your choice of a three or five-year repayment term. APRs range from 5.35% to 35.99%. There is also a 0% to 8% origination fee and a late payment fee of 5% of the past due amount or $15, whichever is greater. Funding typically happens the next business day. To be eligible, you’ll need a credit score of at least 300 or not enough credit history to generate a score. You can’t have had any bankruptcies or public records in the last year, and your debt-to-income ratio must not exceed 50% (45% in some states). You’ll also need to provide proof of income, but there’s no specific minimum income requirement.

The Bottom Line

Upstart offers fair credit borrowers large enough loans to fund most procedures at relatively low rates. While excellent credit borrowers may be able to find fewer fees elsewhere, Upstart is the best option for people who have made credit mistakes in the past and need cash for plastic surgery.

4. SoFi — Best for No Fees

If you have good or excellent credit and want to enjoy member benefits, low rates, no fees, and unemployment protection with your plastic surgery loan, SoFi is the right lender for you. While the lender doesn’t explicitly offer medical loans, there are no restrictions on using a SoFi personal loan for cosmetic surgery. Plus, SoFi is one of the few lenders that can provide up to $100,000 for more extensive procedures.
Pros
No fees of any kind
Includes no cost financial advice
Includes free career coaching
Offers unemployment protection
Borrow up to $100,000
Well-rated mobile app
Funding as soon as the same day
Accepts joint applications
Flexible repayment terms
Check your rate without hurting your credit
Extended customer service hours
Cons
$5,000 minimum borrowing amount
Fair credit borrowers may not be approved
Higher APRs on longer term loans
Mixed customer service reviews on Trustpilot

sofi
You can borrow between $5,000 and $100,000 from SoFi and choose a repayment term between 2 and 7 years. Rates start at 6.99% with the Autopay discount on 2-year loans and go up to 22.28%. The minimum APR on an 84-month loan is 11.59%. There are no origination fees, late fees, hidden fees, or prepayment penalties, and you can receive your funds as soon as the same business day. While there’s no specific minimum credit score, several third-party sources report that you’ll need good credit to be approved. SoFi will evaluate your income but doesn’t have a minimum requirement.

The Bottom Line

If you can qualify for a loan from SoFi, you’ll likely find that the lender has the fewest fees and the most benefits, making it ideal for funding your cosmetic surgery. You should still compare APRs from a few other lenders before making a decision, however.

Try SoFi

5. Figure — Best for Forbearance

If you’re looking for cosmetic surgery financing, Figure offers a few options, including a personal loan and a 100% online home equity line of credit. And you can borrow with the comfort of knowing that Figure has both excellent customer service reviews and a formal forbearance program. You can pause payments for up to six months over the life of your loan should you experience hardship related to things like medical needs and unemployment.
Pros
Forbearance program
Referral program
No prepayment penalties
Excellent customer service reviews
Rates as low as 5.75% APR
Automated application process
HELOC also available
Check your rate without hurting your credit
Cons
Only two repayment terms on personal loans
May charge an origination fee
No cosigned or joint applications
Minimum $5,000 borrowing amount

figure
With Figure, you can apply for between $5,000 and $50,000 to use for cosmetic surgery and repay the loan in a three or five year term. APRs range from 5.75% to 31.44% with an Autopay discount, and there is an origination fee of up to 5%, depending on where you live and your creditworthiness. There are no prepayment penalties to worry about and funding can occur as soon as the next business day. The minimum credit score for an HELOC is 620, and while Figure doesn’t disclose a minimum score for its personal loans, they’re likely looking for applicants in the same minimum tier.

The Bottom Line

Whether you need a lump sum personal loan or a line of credit for ongoing medical treatment, Figure can offer you the cash you need with great service. Figure’s forbearance options are also ideal for borrowers who could potentially face medical hardship.

6. Upgrade — Best for Flexible Terms

Like SoFi, Upgrade offers flexible repayment terms between 24 and 84 months and few restrictions on loan use. But Upgrade is easier to qualify for than SoFi with fair credit. Upgrade also offers borrowers the ability to change their payment date to fit their budget. Upgrade is an especially good option for existing rewards checking members, who can receive a significant discount on their personal loan APR.
Pros
Flexible repayment terms
No prepayment penalties
Check your rate without hurting your credit
Open to fair credit borrowers
Can change payment date
Rates as low as 5.94%
Extended customer support hours
Excellent customer service reviews
Allows joint applications
Discount for rewards checking members
Cons
Charges an origination fee
Charges a late payment fee

upgrade
You can borrow anywhere from $1,000 to $50,000 from Upgrade and choose a repayment term between 24 and 84 months. APRs range from 5.94% with the Autopay discount to 35.97%. Upgrade charges an origination fee between 2.9% and 8%. The lender also charges a $10 late payment fee. While Upgrade doesn’t disclose a minimum credit score or income requirements, the lender is reportedly welcoming to fair credit applicants and considers a greater variety of information than just your credit score.

The Bottom Line

If you can’t qualify for a loan from SoFi, Upgrade has many of the same features that make it a good choice for plastic surgery loans, but also has looser requirements. The lender charges an origination fee, but most customers are happy with the process.

Best Plastic Surgery Loans — Feature Comparison

Lender

Est. APR

Min. Credit Tier

Loan Amount

Loan Term

Rocket Loans

6.723% to 35.89%

Fair

$2,000 to $45,000

36 or 60 months

AmOne

2.49% to 35.99%

Poor

Up to $50,000

Up to 72 months

Upstart

5.35% to 35.99%

Poor (300 or no credit history)

$1,000 to $50,000

36 or 60 months

SoFi

6.99% to 22.98%

Good

$5,000 to $100,000

24 to 84 months

Figure

5.75% to 31.44%

Fair

$5,000 to $50,000

36 or 60 months

Upgrade

5.94% to 35.97%

Fair

$1,000 to $50,000

24 to 84 months

Average Costs of Plastic Surgery Procedures

According to CareCredit, below are the average costs of the most common plastic surgery procedures:

  • Breast augmentation: $4,516
  • Breast reconstruction: $15,225
  • Breast implant removal: $3,059
  • Breast lift: $5,012
  • Breast reduction: $5,913
  • Buttock augmentation: $4,807
  • Buttock implants: $5,278
  • Buttock lift: $5,482
  • Cheek implant: $3,669
  • Chin augmentation: $3,137
  • Dermabrasion: $1,786
  • Ear surgery: $3,736
  • Eyelid surgery: $4,120
  • Facelift: $8,005
  • Forehead lift: $3,900
  • Liposuction: $3,637
  • Nose job: $5,483
  • Tummy tuck: $6,514
  • Hernia repair: $5,600

How to Get a Plastic Surgery Loan

While the process varies depending on the lender you choose, you’ll generally follow these steps:

  1. Check your credit report at AnnualCreditReport.com to see what you’re eligible for and dispute any errors
  2. Prequalify with a few different lenders you’re likely to be eligible for. This will only result in a soft credit check, which will not hurt your credit.
  3. Choose the lender with the lowest rate and the fewest fees you can qualify for, and proceed to the formal application. You’ll need to provide your social security number and proof of income, and this step will result in a hard credit check, which will cause a slight drop in your score.
  4. Once approved, read the fine print and sign and accept your loan documents.
  5. Wait for the funds to appear in your bank account, which typically happens within just a few days.

Where to Get Plastic Surgery Loans

  • Banks: Banks provide in-person service, but bank loans are often more difficult to qualify for than online loans. They also require paperwork and can take longer to fund. If you have a good relationship with your bank, you may consider asking about a plastic surgery loan.
  • Credit Unions: Credit unions often offer low rates, but they have membership requirements. If you’re already a member of a credit union, this might be a good place to start looking for a cosmetic surgery loan.
  • Online Lenders: Online lenders review a greater variety of information than just your credit score when making an approval decision. They can also fund your cosmetic surgery loan quickly, sometimes even in the same day. And they offer a digital process that many borrowers prefer.

Alternative Financing Options for Cosmetic Surgery

  • Credit Card: You might consider a medical credit card, which typically have lower APRs and are designed for medical expenses, or a 0% introductory APR credit card, if you can pay off the balance within about 18 months.
  • Home Equity or Auto Equity Loan: These are secured loans that allow you to borrow against the equity you’ve built in your home or vehicle. They typically come with lower rates than personal loans, but can take longer to get.
  • HELOC: An HELOC is a revolving line of credit that allows you to draw from the equity in your home as needed. It’s a great option for borrowers who can’t afford to repay a loan right away, since the draw period typically lasts five or ten years before repayment of principal and interest begins.
  • 401(k) Loan: You should only use this option if your cosmetic surgery is necessary, since raiding your 401(k) will deplete your retirement savings. You also shouldn’t borrow from your retirement account if you plan to leave your job. But this is a no credit check option you can use to pay for plastic surgery, and you can avoid tax penalties if you repay the loan with interest.
  • Payment Plan: Talk to your doctor about payment plans offered by your healthcare institution. You may be able to pay for the procedure in fixed installments.
  • Health Savings Account or Flexible Spending Account: If your procedure is medically necessary and you have an HSA or FSA account, you can use your savings in these accounts to cover the cost.
  • Crowdfunding: If you think your social network will be sympathetic to your cause, start a crowdfunding campaign to raise money for your procedure.

Conclusion

If you can’t afford to pay for your cosmetic surgery all at once, an unsecured personal loan from an online lender is a great option. It’s fast and easy to get the money you need, and if you have good credit, you’ll likely beat the APR on your credit cards. There are also loan options for poor credit borrowers who may have difficulty getting a credit card. What’s more, the lenders we chose don’t have any restrictions on using the funds for medical procedures. You can’t go wrong with the lenders on our list, but be sure to prequalify with a few of them to compare rates before you decide.

Frequently Asked Questions(FAQ)

What Is the Best Way to Finance Plastic Surgery?

Talk to your surgeon about a payment plan, first and foremost. If that’s not an option and you have good credit and can afford repayment within 18 months, your best bet will be either a 0% introductory APR credit card or a medical credit card with an interest-free period. As long as you’re careful to pay off the balance in time, you won’t pay any interest. But if you need longer to pay for the procedure or you can’t qualify based on your creditworthiness, your next best option will be a personal loan because of the speed, flexibility, and low cost.

Is It Hard to Get Financing for Plastic Surgery?

Not especially. If you have bad credit, you might face a challenge, but many lenders are willing to provide loans for cosmetic surgery. If you apply with an online lender, you can even get your funds as soon as the same day.

Do People Take Out Loans for Plastic Surgery?

It’s very common for people to take out loans for plastic surgery. If your cosmetic procedure is medically necessary and your insurance doesn’t cover the full cost, then a plastic surgery loan is a good idea. But if you can avoid borrowing and save up cash to pay for your procedure, you’ll save money.

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