Financing for breast augmentation

Financing for Breast Augmentation – 7 Ways to Get Surgery

Wondering what the best option is for Financing for breast augmentation surgery? In today’s society, many people are looking for ways to improve their appearance. One of the most popular procedures is breast augmentation.

This surgery can help women achieve their desired look. However, it is important to note that this procedure can be expensive. Many people are not aware of the cost of this surgery and how to finance it.

Below, we will discuss some options for financing breast augmentation.

Because breast augmentation is a cosmetic treatment, it will not be covered by your health insurance. If you thought your insurance would cover the cost of breast implants, think again.

The cost will fall on your shoulders, but it doesn’t have to be a hardship if you use good money management.

Take, for example, these seven funding choices. All of these options have been utilized by women to pay for breast surgery. Some are feasible, but others might lead to long-term financial ruin.

Financing a breast augmentation in a more practical approach

If you’re going to finance a breast augmentation, be sure it makes sense and won’t put you in debt. These typical choices aren’t ideal, but a careful analysis of their benefits and drawbacks, as well as a total projection of your financial situation, can make them viable possibilities.

1. Savings


This is the finest and wisest method to pay for breast augmentation out of all the choices since you won’t have to borrow money or worry about penalties or interest.

Competent advice: If you decide to save for your breast augmentation, make sure you understand the entire cost of the process, including things like post-surgical bras and clothing that you might not have considered.

Save a few thousand dollars extra on top of that. You don’t want your funds to be depleted in the event of an emergency.

2. Payment plans


Ask your breast implant surgeon whether he provides payment options when you meet with him for your consultation.

A competent member of his staff may manage this payment plan, but it is more likely to be handled by a third-party finance business.

If your surgeon provides a direct payment plan, you may be able to avoid fees and interest rates by paying in a single monthly amount.

If you settle your account with a finance firm, they may be able to provide cheap monthly payment alternatives and even payment extensions.

Like those linked with credit cards, fees and interest rates may be competitive and high—in some cases much higher than those associated with credit cards.

3. Credit cards


A personal credit card or a medical credit card are both acceptable options. Both are common ways to pay for a breast augmentation treatment, but each has its own set of drawbacks.

Depending on your interest rate, you can wind up paying more for surgery than you anticipated. If you merely make the minimum payment on a high-interest credit card, you might end yourself paying nearly twice as much or more.

Putting such a significant sum on a credit card may result in it being maxed out, leaving you with no emergency fund. Additionally, late payments may have an impact on your credit score.

If you decide to pay for your breast augmentation with a credit card, look for one with a 0% APR. Are you unable to obtain a 0% APR loan?

Then choose the lowest APR, make timely payments, and pay more than the monthly minimum. Credit cards with rewards programs are excellent for accumulating points or earning cashback.

4. Financial institution loans


Unsecured personal loans are available from banks and credit unions and are a simple way to fund breast augmentation. Interest rates are fixed, but you must pay by the agreed-upon deadline or face penalties.

This breast augmentation loan is excellent for people with a good credit history since it may cut your interest rate significantly compared to credit cards, making it a more affordable option.

Expect an interest rate similar to a credit card if your credit is terrible. Also, make sure you have a cash cushion because your loan might be put in Chapter 7 bankruptcy if you suffer a financial calamity.

5. Outside gifts or Personal loans


Some patients have been able to finance breast augmentation by enlisting the help of family and friends. In contrast, others have turned to internet crawlers via Go Fund Me accounts, which allow women to crowdfund and campaign for the procedure.

If you want family and friends to help you with the procedure, be sure you know the terms. Is this something you’ve received as a gift or something you’ve borrowed?

How much do you have to pay back when you borrow money, and when do you have to pay it back?

Keep your word since the bond might be broken if the loan is not paid on time and in full.

If you’re crowdfunding or fundraising online, keep in mind that you’ll need to explain your story (including why you want breast augmentation), upload photos, and discuss your progress on social media sites like Facebook and Twitter to be successful.

This is not the best option for someone who wishes to keep their breast augmentation a secret.

6. Borrow from your retirement account

With all of the concern about millions of Americans being unprepared financially for retirement, this form of breast augmentation financing might land you in financial devastation in the future.


You may be eligible to borrow up to 50% of your vested 401(k) amount, but no more than $50,000, depending on your 401(k) account.

Payments are deducted from your wages over five years, or less depending on the loan amount.

Make this the final choice for breast augmentation financing.

While borrowing from your retirement account is simple, fast, and generally comes with a cheap interest rate, the tax implications are significant.

You may be taxed twice on your money.

You’ll also miss out on asset development if contributions are discontinued until the loan is paid off in full.

Furthermore, you’ll have two months to pay off your loan or claim it as a dividend if you leave or lose your work. Additional fines and taxes will result from the latter.

7. Home equity loan

Home equity loans, also known as a house equity line of credit (HELOC), take equity from your home and turn it into cash. Your current mortgage rate will determine your interest rate, and you may be able to deduct your interest.

Also Read: Collateral Loans: What Are They and How Do They Work?

What can you expect to pay for breast augmentation?

Now that you’ve learned about your breast augmentation financing choices, you’ll want to learn about breast augmentation costs so you can estimate how much you’ll need to save or borrow.

The cost of breast augmentation varies depending on a variety of factors. While the American Society of Plastic Surgeons reports that the average cost of breast augmentation surgery is $3,718, this figure only includes surgeon fees and excludes ancillary costs such as:

  • Anesthesia
  • Geographic location
  • Type of breast implants
  • Implant implantation and technically challenging incision locations such as the transumbilical incision
  • Facilities
  • Recovery needs, including post-surgical bras
  • Prescription medications
  • Tests
  • Travel and lodging
  • Combined surgeries

As a result, the cost of your breast augmentation surgery might range from $5,000 to $10,000.