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    Want To Get Liposuction? Here Is How to Finance Your Surgery


    More and more Americans are struggling with weight issues than ever before. This can cause serious health and self-esteem issues for individuals. Accordingly, liposuction is one of the most popular procedures people use to lose large amounts of weight fast.

    Unfortunately, the procedure is not cheap and many people find they do not have the required cash to pay it. Those who find themselves in this situation should strongly consider taking out a medical loan to finance their liposuction. 

    Keep reading to learn more about this procedure and the affordable financing options available.

    What Is Liposuction?

    Liposuction is a cosmetic medical procedure where doctors use suction technology to remove fat from various areas of the body including abdomen, thighs, neck, and buttocks. Liposuction has become one of the most commonly performed cosmetic procedures in America and around the world since it was first introduced in 1978.

    The patient is usually put under local anesthesia and a metal wand is inserted into specific areas through an incision in the skin. Fat cells are then sucked out through the metal tube and the process is repeated until the desired effect is achieved. Some people who are trying to remove large amounts of fat may need to undergo several sessions to let the skin adjust incrementally to the reduction in mass.

    According to the American Society Of Plastic Surgeons, the average cost for a liposuction procedure comes in at just under $4,000.

    Why Do People Choose Liposuction?

    Weight loss is a struggle for many people and it can have dangerous effects on one's physical and mental health. Some people feel as if normal methods of weight loss are simply not enough, and opt to undergo liposuction to remove large amounts of fat from certain areas of their body at once.

    The procedure is generally safe and complications are few and rare. This being said, doctors will refuse to perform liposuction on individuals who have underlying health conditions, especially conditions such as diabetes, restricted blood flow, and coronary artery disease.

    Choosing A Loan

    Given the total average cost of liposuction, many people do not have the cash on hand to pay for the procedure outright. Those in this position usually look to medical loans as a means of financing. When choosing a loan, there are several items to consider.

    • Interest Rates: While lenders are typically quite competitive, they do vary slightly on what rates they offer depending on the individual lenders' risk tolerance. It is important to shop around and compare what different lenders offer in order to find the most favorable rate
    • Fees: Along with interest rates, fees are another aspect that contributes to the overall cost of the loan. Almost all lenders charge an origination fee, which can be anywhere from 1% to 5%, although some lenders do not, making their offerings potentially more affordable. It is important to factor this is when considering the overall cost of a loan
    • Terms: While most lenders offer terms ranging from three to five years, some lenders will offer borrowers longer repayment terms. It is important to consider how different term lengths will impact the overall cost of the loan. Generally speaking, financing with longer repayment terms will cost more over the long run, even if the monthly payments are smaller

    Alternative Ways To Pay

    Not everyone will qualify for a medical loan and some borrowers may need to evaluate other options for financing. It should be worth noting that because liposuction is usually an elective procedure, it is rarely covered by health insurance.

    • Balance Transfer Credit Card: Most credit card companies offer balance transfer promotions in which any transferred balances are not subject to interest for 12 months. This option is especially attractive to those who believe they will be able to pay off the balance of their financing within the 12 months
    • In-House Payment Plans: Many doctors and clinics offer in-house financing plans where patients have the option to pay off the procedure by making monthly payments. It is not uncommon for clinics to require a 25% down payment and some may even charge higher than average interest rates. It is important to closely study the terms of these types of agreements to ensure it is a good option


    Liposuction is one of the most commonly undergone cosmetic procedures in America and has been practiced since the late 1970s.

    Unfortunately, not everyone is in the position to pay for the procedure outright and may have to look to medical loans as a financing avenue for this procedure.

    Top 3 Lenders to Finance Your Liposuction Surgery

    • Fixed Rate APR
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    • High Probabilities of Approval
    • New to Credit borrowers
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    • Checking their rates won’t affect your credit rating
    • Best dental procedures
    • No origination fees
    • Personal approach to lending
    • Reduced monthly payments