Let’s face it – breast implants in Australia can be very expensive. It’s no wonder that patients can rarely afford to pay for the operation with cash up front. Most patients opt for financing options in breast augmentation only to get themselves into financial troubles simply because they didn’t think things through. If you are looking to go the same route and avoid any issues in the process, then there are certainly a couple of general tips that you might want to keep in mind.
Of course you can always get in touch with Dr Tavakoli on 1300 368 107 to arrange a consultation. We’ll be more than happy to help point you in the right direction!
Properly financing a breast augmentation operation
Take the time to search for the best interest rates – lending institutions that finance breast enlargement in Sydney can have various interest rates. Needless to say, you would want to opt for the ones that charge the lowest possible interest rate (be sure to check the comparison rate) which means lower the total amount that you’ll ultimately have to pay for in addition to the amount you’ve borrowed to finance the operation. Hence it is important to take the time to look around for the best rates that you can find. Some lending institutions will even go as far as match the rates of their competitors when you mention that you’ve located a better rate somewhere else.
Yet another thing that you can do to improve the interest rate on your loan after a few months is to contact your lender to ask about any promotions that they may have to further lower your interest rate. Such promotions are often not advertised so the best way to know all about it is to simply ask.
Pay a higher down payment for even better rates
The higher the amount that you can offer for a down payment on breast implants, the lesser the amount that you’ll have to borrow and pay back in principal and in interest. Lenders may offer adjusted interest rates for clients that are able to pay a higher amount upfront. Doing so would mean a lower total interest payment and not only that, you’ll be able to settle the loan and get it out of the way in a shorter period of time. You might also want to pay more than the minimum amount due each month whenever you can which will again help lower the total amount of interest.
Never default on payments
Defaulting on your payments in financing breast implants in Australia may mean having to pay penalties which may not look like much at first, but can significantly stretch the total amount that you’ll ultimately have to repay. Lenders may also take note of any defaults which could tarnish your credit report which will make it more difficult to secure another loan in the future. So there you have it – a few great and simple tips for properly financing your breast augmentation operation. Follow through and you’ll no doubt not only have the best breast implants in Australia that makes you look great, but have lenders say the same thing about your credit report as well.