Lasik can be expensive, and few people have the cash around to pay for it out right. Many choose to finance the procedure in order to make it possible. SanDiegoLasikDoctors.com has a good article on the basics of financing Lasik, here is an excerpt about some of the cautions and potential downsides of doing so.
Be sure to be careful when choosing a short-term healthcare loan however. The finance company makes no money on a zero interest loan; they are counting on you not being able to make one of the high principle payments. They will then charge late fees and hike the interest rate. This will also substantially raise your monthly payment for the next month and may cause you to be late again and get another late fee
Be knowledgeable about how some of these companies make their money. This is not illegal or even wrong, and if used correctly, these plans can be a great resource for patients. Be sure to plan ahead to make sure you will be able to make your payments, struggling to pay off any debt is not fun.
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