The great thing about Care Credit is that you can use it at any veterinarian’s office, providing they take credit cards, which we have never heard of one that didn’t. This means that regardless of the circumstances, if you don’t have the money on hand to pay for your pet’s vet bill, you can use Care Credit. This includes anything your pet needs, including prescription food, medications, testing — anything you get done at your vet’s office.
The interest rates are generally low, although it does depend on your credit score, and most Care Credit plans have special financing where if you pay it off before the designated period of time you will earn no interested. Monthly payments are also low, though again it does depend on what you qualify for. There’s no up front or application fee, nor are there early payment penalties.
Care Credit is one of those things we strongly believe every pet owner should have in case of emergencies. There is nothing worse than having to lose a pet because you cannot afford the vet bill. With that said, however, there are some cons that must be carefully examined before deciding to apply for a Care Credit card, the first and foremost one being that it is a credit card. This means that you have to make payments until it is paid off and failing to do so will result in a negative mark on your credit score. Additionally, in order to receive Care Credit, you must apply and the company checks your credit score.