CareCredit Introduces CareCredit Pay Later, Offering Consumers Another Way to Plan and Pay for Health and Wellness Care
Key Highlights
- ➤CareCredit Pay Later launches as a single-use installment loan with fixed APR and payments
- ➤CareCredit Pay Later initially available at nearly 20,000 health and wellness locations
- ➤CareCredit offers eligible consumers two payment options through one credit application
- ➤CareCredit network includes more than 290,000 healthcare locations nationwide
- ➤80% of surveyed consumers say payment options influence provider selection
Expert Statements
Adam Reinebach, CEO of the American Med Spa Association (AmSpa)
“In an industry where many treatments and products are elective, having flexible ways to pay for care is critical for consumers.”
Adam Reinebach, CEO of the American Med Spa Association (AmSpa)
“For med spa customers, having choices like the CareCredit credit card and CareCredit Pay Later can make it easier to move forward with the care they want, while benefiting from the confidence of paying through a trusted industry financing partner.”
Beto Casellas, Executive Vice President and Chief Executive Officer of Health & Wellness at Synchrony
“When it comes to health and wellness, a 'one-size-fits-all' payment plan doesn't work for everyone.”
Beto Casellas, Executive Vice President and Chief Executive Officer of Health & Wellness at Synchrony
“With CareCredit Pay Later, consumers now have more options to choose from based on their purchase, monthly budget, and preferences.”
Beto Casellas, Executive Vice President and Chief Executive Officer of Health & Wellness at Synchrony
“By expanding these choices, we're empowering people to plan and pay for the care they want.”
CareCredit Introduces CareCredit Pay Later, Offering Consumers Another Way to Plan and Pay for Health and Wellness Care PR Newswire
CareCredit Pay Later is CareCredit's enhanced installment loan product that will be presented digitally with CareCredit's revolving credit card to give consumers additional payment options and simplified offer comparisons.
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