Financing for Hearing Aids
Regrettably, most insurance policies don’t pay for hearing aids. This leaves many people with hearing loss with very limited options when they are told that hearing aids cost thousands of dollars. Often, the price of not getting hearing aids far outstrips the monetary cost.
In this guide, we will outline the benefits of using hearing aids, as well as highlighting the negative outcomes associated with leaving hearing loss unchecked. We will also provide feasible financial options to help you ameliorate your hearing loss as soon as possible.
Our Top Hearing Aid Finance Options
Bad, Fair & Good Credit Options
CareCredit.com offers:
- 0% Financing with deferred interest
- Fixed payments with reduced APR
- No applications fees
- Terms up to 60 months
- Loan from good to excellent credit
Klarna
We have integrated Klarna into our website. This means you have the option of an interest-free financial plan (if paid in full within 12 months) or an extended plan over 18 to 36 months depending on the amount loaned.
Selecting A Hearing Aid Loan
Fortunately, you don’t have to have thousands of dollars in the bank when you realize you have hearing loss. We have solutions available to finance hearing aids, regardless of your credit situation. Whether your credit history is excellent, fair, or poor, we can match you with a hearing aid financing partner.
With a great range of payment plans for hearing aids, including zero percent interest in short term hearing aid loans same as cash for 6 and 12 months. We can also find longer-term hearing aid payment plan that allow you to break down the cost into affordable instalments that stretch out all the way to 60 months. All of the providers have experience in providing financing for hearing aids and personal loans. Now that you have determined your credit score, you may choose one of four core hearing aids financing solutions that we have sourced specially for you, in order to purchase the hearing aid that you and your loved ones deserve.
Know Your Credit Score
You’ve decided to purchase affordable hearing aids online or in an audiologist’s office to address your hearing loss so you can prevent the downstream issues of communication challenges, social isolation and depression. Although there are several financing options which go towards paying for your hearing aids, these are largely dependent on your credit score.
What is a credit score?
A credit score is a figure which rates your credit risk and enables creditors to decide whether or not you are a good candidate for credit. Not only does a credit score play a role in deciding your eligibility for credit; it also determines the terms offered and the interest rate you pay! In other words, a good credit score can actually save you money in the long run as you would be able to qualify for favorable terms for loans on big-ticket items such as housing and education.
How To Check Your Credit Score
A credit score is a figure that rates your credit risk. Not only does it play a role in eligibility, but it also determines the interest rate you pay! A good credit score can save you money in the long run. Your credit score can be obtained in 4 ways:
- Check your credit card online dashboard
Major credit card companies like Wells Fargo, Citi, and USAA have begun to provide monthly credit scores as a part of your credit card services - Buy your credit score for $1
FICO credit score - Talk to a non-profit credit counsellor
Counsellors can provide a free credit report - Use a credit score service
Be wary of monthly subscriptions after the “free trial” ends
What can I do about a bad credit score?
You’ve checked your credit score, and it appears to be bad. You can fix it yourself with Experian or you can hire someone else to do it for you.
Fix Your Credit Score Yourself
Experian aims to improve your credit score instantly by including your telephone and utility bill payments into your credit report for free.
Hire Someone To Fix Your Bad Credit
Credit repair ranges from $50 to $300 a month. If you want to start with a $50/month service, CreditFirm will analyse your credit report and look for up to 45 individual items to dispute.
Hearing Aid Financing Solutions Depending On Your Situation
Finance Hearing Aids Without An Application
We have integrated Klarna into our very own website for all the hearing aids and services listed on the website – what this means, is that you have the option of an interest-free financial plan (if paid in full within 12 months) or an extended plan over 18 to 36 months depending on the amount loaned. Another advantage of using Klarna through our checkout process is that we handle the processing for you, thereby bypassing the loan process that you would otherwise have to take.
Please see the video to see how easy it is to finance hearing aids without applying or go through the usual process with having to put all your personal information on a application. In the event of a non-approval, there are still 3 other financing solutions available that will approve you, we call it hearing aid financing bad credit options!
Steps To Financing Hearing Aids Through Website Check-Out
If you would like buy hearing aids though our website, you can easily checkout and finance simultaneously with a click:
- Go to the hearing aid shop page
- Pick a hearing aid or service
- Click on “add to cart”
- Click on “check-out”
- Fill out shipping information
- Click on “next step”
- Click on Klarna
- Click the monthly financing option you wish
- Click “place order”
Did Not Get Approved At The Audiologist Office?
If you did not get approved, they probably were using Allwell, Wells Fargo or Care Credit. We recommend you using PersonalLoans or Bad Credit Loans for additional options.
Came From A Different Hearing Aid Website & Did Not Get Approved?
We have more options so you can still buy the hearing aid from our site or another website. Depending on your credit score, you may benefit from financing options offered by PersonalLoans, Bad Credit Loans or CareCredit.
Hearing Aid Funding
Not Able To Get Approved Anywhere?
If you have tried all the options above and are not able to get financing, don’t get discouraged. We recommend GoGetFunding where people can donate money so you may receive your hearing aids for FREE. We can even help promote your page on our Facebook.
Steps To Hearing Aid Funding:
- Go to GoGetFunding
- Sign up & create your page
- Share on your social networks
- Share with friends and family
- Accept donations instantly
Hearing Aid Finance You Deserve
There is always an option. We want you to receive the hearing loss solution that you need and deserve. If you can’t afford to pay anything up front, that’s fine. Solutions are available that require you to pay nothing today, as long as you’re able to make your first payment installment next month.
If you have questions about financing hearing aids, we are happy to speak to you. Call us at 800-346-4112 or schedule an appointment.