It’s true what they say about money. Money does make the world go ’round. Unfortunately.
Since my last post, I’ve been applying for loans to cover surgery and my credit card debt. All to no avail. The most I can seem to get (even with using my car as collateral) is about $3,000, which is not going to come close to touching my needs. The biggest reason for companies denying my application? Balance to credit limits too high. Seriously? One of the reasons for this loan is debt consolidation but they won’t even approve that. Lovely. The second reason? Apparently I don’t make enough. Never mind the fact that I pay more on the cards now (and am paying just slightly over the interest) than I would on a loan for surgery and debt consolidation… I don’t have any late payments or collections on my credit history either. Credit is a joke.
So, at the moment I am looking for a second job. Perhaps with additional income, they’ll finally approve it. Haven’t heard back from any of the places I’ve applied yet. Hoping to hear from someone soon. I’m starting to get worried that I won’t have the finances available by December. I don’t want to have to push my surgery back even more. The timing was working out perfectly. The time I was taking off of work is perfect for work and my mom and sister are coming up to take care of me post-op. I am so ready for surgery and have been for a long time. I don’t really know what to do at this point. I don’t really have anyone to even co-sign on a loan with me. Maybe it would be best to just push surgery back another year, get a second job, and just work my ass off. The thought of it makes me die a little inside but I guess if that’s what needs to be done, then I’ll have to do it. I’ll wait a little longer to make that decision… Anyone know someone who’s got some extra money?
Hey man. I feel your pain on this. Does your intended surgeon work with any companies like CareCredit? These companies provide credit cards specifically for medical spending, and often have zero or low interest rates if you pay the balance within some time frame. I financed almost 3/4 of my surgery on one of these. I kept the account open after I paid off my surgery, so that it keeps my debt-to-credit ratio low.
Either check the websites of these companies for a “Search for Providers” kind of tool, or just call your surgeon’s office and ask. They should know. Luck, sir.
Unfortunately my surgeon doesn’t accept CareCredit. Asked that during my consult.
The great part about the debt-to-credit ratio is that I have other (paid-off) cards on my credit history…
Thanks for the luck.
Hey,
Just came across your blog. Did you end up having surgery with Dr. Nguyen? Thanks, Taylor
Hi Taylor! Thanks for reading. Haven’t had surgery with Dr. Nguyen yet. I still plan to once the money issue resolves.