If study conducted by Lloyds TSB bank is to be believed, six out of ten Britons believe that plastic surgery is the key to true happiness, and are prepared to take out a personal loan to fund their makeover. This means that an astounding 57% of Brits are ready to go for loans to have a brand new look. The study also revealed that Cosmetic surgery have risen by more than a half in year 2006 and are expected to rise more in 2007. So, cosmetic surgery loans are competing with their competitors, home improvements and car loans.

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With the lifestyle becoming mod everyday and more stress being laid on personality development and body grooming, Brits are getting finicky about cosmetic surgeries. The most popular procedures are Botox, facelifts, rhinoplasty (nose jobs) and tummy tucks. The prices for all these are touching sky, the cheapest starting at £ 2.900 and going up high more than £ 5.800. Brits have started availing financial aid for cosmetic surgery so much that these no longer come under miscellaneous. Most of the high street banks sell these products as Cosmetic surgery loans.

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A business review website has speculated that by 2009 more than one million British adults would have availed cosmetic surgery loans for getting their makeovers done. Let us have a look at the some of the interesting facts on plastic surgery loans.

More men than women go for cosmetic surgery loans
Last month there was a news that a cosmetic surgery firm would debacle these loan s as tax free
Around £1.8 million is spent on cosmetic surgery each day
A large number of Brits go to gulf countries to get cosmetic surgeries done
UK retirees above 65 years of age are heading abroad for beauty treatments and availing cosmetic surgery loans for that.
11.6 % pensioners in UK have taken cosmetic surgery loans.

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These facts revealed by studies done by various banks and financial websites prove that luxury and lifestyle products such as skin treatment, beauty enhancement, anti-aging etc has become major reasons for availing loans. That is the reason as to why cosmetic surgery loans are gaining so much popularity.

Plastic Surgery Finance

Would you take out a cosmetic surgery loan to finance liposuction or a breast augmentation procedure? Most people will procure a loan to finance a vehicle or a house without thinking twice, but when it comes to elective enhancement surgery many still balk at the idea of medical loans

One would think that with procedures like Botox injections and chemical peels becoming more and more commonplace, cosmetic surgery finance would be the next logical step. It seems though, that the stigma of indulgence inherent to this branch of surgery is still very much alive and kicking. A favorite argument against the idea of plastic surgery finance is that cosmetic surgery is a financial commitment that should be saved up ahead of time – something akin to a vacation or expensive footwear.

This argument loses it validity, however, when one considers reconstructive procedures such as cleft lip and palate repair. Otoplasty (ear pinning) and the correction of related physical defects in young children and adolescents provide further validation in the argument for plastic surgery finance. These procedures are considered purely cosmetic by most medical aid schemes and not covered at all – leaving many parents with the choice between a sizable financial burden and option of ridding their child of a physical characteristic that may adversely affect the development of his or her self-esteem.

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Reconstructive breast surgery is another ‘elective’ surgery type that regularly causes concern. This procedure, performed in order to ease the trauma associated with a mastectomy, is generally only covered in part by most medical aid organizations. Surgeon’s fees, hospital costs and post-surgery medication all come into play and patients without support are faced with very large expense on top of already costly cancer treatments. For most, breast augmentation financing would offer temporary relief from the financial aspects of illness, giving them a space in which to regroup and heal.

There is of course, the flip side. Not everyone is an appropriate candidate for plastic surgery, despite physical indications which are ideal for any given procedure. A person in crisis, such as one overcoming a divorce or the loss of a loved one, may associate a change in appearance with a solution to their situation. More often than not, this is not the case. Candidates with mental disorders such as Body Dimorphic Disorder and those who harbor unrealistic expectations are also not suitable. As a group, these are people who might take advantage of plastic surgery finance to their own detriment.

Fortunately, many plastic surgeons now work in conjunction with mental health professionals to determine which patients are eligible for procedures and this dramatically decreases the chance of an unsuitable candidate making it through the initial screening process without being referred to a psychologist for counseling.

There is also the issue of post-operative depression. Usually the result of an unsatisfactory ‘interval image’, this emotional let-down may also be caused by stress, exhaustion and metabolic changes. Add to this the pressure of having to repay the debt of plastic surgery finance and it is evident how this might be a recipe for disaster.

It would seem that plastic surgery finance is something to be considered very carefully. Like any other tool, if used correctly it has a myriad of benefits, but employed carelessly it could bring about a whole heap of troubles. Those interested in having plastic surgery in South Africa have various options available to them and would do well to explore them with care.

UK Cosmetic Surgery Loans