What is CareCredit?

CareCredit, a division of GE Money offers healthcare financing for consumers through a network of over 125,000 providers. Founded in 1987, CareCredit was initially offered to doctors to help their patients pay for new dental implant technology. Continued advancements in technology, and procedures that are often not covered or fully covered by insurance, have created new choices for care, increasing the demand for financing options. CareCredit is a healthcare credit card that can be used as a payment option for certain expenses not covered by insurance or to bridge situations when desired care exceeds insurance coverage. CareCredit is offered primarily for:

• Dentistry
• Vision correction
• Veterinary medicine
• Hearing care
• Financing ExpertCosmetic treatments and surgery

What is CareCredit?

CareCredit is a simple way to consolidate and manage certain out-of-pocket healthcare expenses, because it is a credit card with a revolving line of credit that can be used repeatedly and for any family member. CareCredit offers two basic payment plans to meet an individual’s financial needs:

• Under the No Interest Plans for 6, 12, 18 or 24 months, each month you only need to pay the required minimum monthly payment and pay off the remaining balance within the promotional period to avoid interest and pay only the amount financed. Future minimum payments will vary based on amount and timing of payments, interest rate and other charges added to the account.
• Extended Payment Plans for 24, 36, 48 or 60 months. These plans carry an interest rate that is more competitive than most bankcards and feature a fixed, monthly payment and a longer term.