Financial lifeline for vets and their patients - Veterinary Practice
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Financial lifeline for vets and their patients

Interest-free loans now available to help beat lockdown

With the country in lockdown and isolation to reduce the spread of the Coronavirus, veterinarians have seen a dramatic drop in their turnover, in part because their patients have suffered a drop in income.

To help vets and their patients, CarefreeCredit is offering interest-free loans to help pets in need of medical attention.

As British veterinarian Dr Stewart Halperin, BVMS, MRCVS, founder and CEO of an innovative interest-free (0 percent APR) loan scheme for pets from CarefreeCredit Ltd. says: “Although it’s imperative we all stay home unless absolutely necessary, it’s also important we care for our pets during these difficult times, too.

“But for the millions of people who are affected by this outbreak, coming up with the cash needed for their pet’s medical treatment is not always easy, which is why we are making interest-free (0 percent APR) loans available for pet owners who either don’t have insurance or who need to pay unexpected additional costs their insurance won’t cover.”

Half the British public have a pet, but 75 percent of them don’t have insurance, so this interest-free loan scheme has already proved to be a life-saver for thousands of British pets, with over £11 million of interest free loans granted to help over 6,000 pets throughout the UK.

CarefreeCredit provides interest free loans from £250 upward for use against any veterinary bills through their network of member practices, which makes them a more affordable option than credit cards or bank loans for pet owners who either don’t have insurance or who need to pay unexpected additional costs beyond the cover of their insurance.

British veterinarian Dr Stewart Halperin, BVMS, MRCVS, founder and CEO of CarefreeCredit, says: “As a vet myself, I understand the problems faced when a pet-owner can’t afford the urgently-needed medical help required, which is why we established CarefreeCredit to provide finance quickly for those in need of a loan to provide urgent treatment for their pets.”

The simple online application takes around two minutes to complete and an answer is given instantly. Once the loan is approved, the vet is paid immediately so the treatment can begin straight away. All loans are subject to age, status and a full credit search.

CarefreeCredit also provides finance for horse owners.

For further information, visit the website or call 0345 313 0177 to find the nearest veterinary practice offering the service.

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