When it concerns the wellbeing of our pet, there is nothing we won’t do. No doubt! They are part of the family, and we protect them as we would any other member of the family. However, a pet emergency can happen without any warning, and you might need quick funds immediately. Knowing your options to fund such a crisis will equip you to handle the situation responsibly and prevent any further injury to your pet.
Let’s look at some of the best ways that can help you fund emergency pet care.
Quick Cash Loans
Quick cash loans can be availed online, through a bank, or credit unions. These loans are suitable for emergency pet care due to their characteristics. The loan can be availed within a few hours, and you immediately know if the loan is approved or not. The cash is deposited to your account within a maximum of 3 days. The repayment period of the loan is highly flexible; you can repay the amount to suit your lifestyle. If you have a good credit score, quick loans have some of the most impressive interest-rates available. Apart from these features, quick loans are offered by numerous online lenders, and you can compare the features of various lenders before choosing the one that matches your needs.
Non-profit organizations provide financial assistance for pet care and clinics that are dedicated to pet care and offer their services at a fraction of the cost. You can get in touch with these organizations. However, do expect some wait time before your case is heard.
Your current credit card is a convenient way of paying for emergency pet care if you can repay the balance quickly. There are also cards that have special offers and discounts if you use it to pay for your pet’s medical emergency. A word of caution though, credit cards have high APR, and you should be aware of the cost and sure of the repayment within time, or you might be still paying for the pet care when your dog is healthy. Look to pay the entire amount on the credit card and not opt for the minimum payment, to avoid paying a high interest rate.
There are online platforms that specifically focus on crowdfunding for emergency pet care. You can also go to Facebook groups related to pets and seek crowdfunding. Numerous people in these groups are passionate about pets and are eager to help. The downside to this is it can take some time to receive the funds.
Payment Plans by Vets
Although this is not common, several vets offer payment plans for the emergency medical bill. They consider this on a case by case basis, so you can approach the vet in your area and check if they offer payment plans for the bill. If they do, spread-out the payment over several months.
Most of the vet schools in the country also run low-cost clinics to help the owners who are financially constrained to care for the pet. Find such an organization in your area and look for emergency care at their facility.
After these six tips, we hope that you are prepared to fund the medical emergency of your pet. We hope that you never need these options; however, being prepared for the circumstance can help you manage the situation.