Financing made simple
We offer Affirm & Care Credit financing for regenerative medicine treatments so that you can start treatments now and pay over time.
Installment Loans
Fixed Monthly Payments with Zero Hidden Traps
Affirm is a modern financing platform designed for absolute clarity. It converts your treatment balance into a straightforward, single-use installment loan.
- Split costs into equal monthly payments
- No interest if paid on time
- Approval in minutes, not days
How it Works
When you choose Affirm, our patient coordinator texts a link directly to your phone. You complete a quick, seamless signup process on your phone right in our office. If approved, you choose a fixed timeline (such as 6, 12, or 36 months) to pay off that specific treatment. Once paid to $0, the loan completely closes.
The Benefit of Affirm
Affirm uses absolute simple interest. Our clinic offers a flat 15% simple interest rate regardless of term length or transaction amount. Because Affirm works on individual installment loans, your interest is calculated only on the money you actually owe. Essentially, your total cost is calculated to the penny and locked on day one. No late fees and no rate hikes ever.
No Late Fees, Ever
Affirm proudly charges $0 in late fees. Even if you fall behind or make a payment a few days late, your interest rate will never increase, and you will never see a surprise fee added to your bill.
Revolving Line of Credit
Reusable Financing with 0% Interest Promotional Windows
CareCredit operates like a traditional credit card, but it is explicitly dedicated to healthcare, wellness, and medical procedures.
- Promotional financing periods available
- Works at thousands of healthcare providers
- Build credit history with a reusable line of credit
How it Works
You submit a traditional credit application online or at our counter. Once approved, you are granted a permanent, revolving credit limit (e.g., $5,000). You can swipe the card immediately to cover your Stem Cell or Shockwave treatments, and keep the card in your wallet to reuse for future maintenance sessions or family members without ever running your credit again.
The Benefit of Care Credit
CareCredit offers true 0% Deferred Interest promotional windows (typically 6 to 24 months). As long as you pay off the full balance before your promotional window expires, you pay exactly $0 in interest fees. While this is a great option for a lot of patients, it is important to note that if you miss your promotional deadline, the bank will retroactively charge you their full standard interest rate (historically 32.99% APR) calculated back to your original treatment date.
Ideal For:
Patients who want to take advantage of 0% interest windows, as well as returning patients who plan on doing multiple follow-up treatments over time.
Comparison
Which option fits you
Both Affirm and Care Credit work well for regenerative medicine. Here’s how they stack up.
Features
Affirm
Approval in minutes
Care Credit
Approval in minutes
Account Type
One-time, single-use loans
Reusable, permanent credit card
Primary Advantage
Predictable, 15% Interest
True 0% interest promotional periods
Late Fees
$0
Up to $41 bank late fee
The Catch
Must re-apply for future visits
Back-end deferred interest if not paid on time
Penalty Risk
None. Rate never changes
39.99% Penalty APR
Application Process
Quick, instant mobile check
Standard credit application
Frequently Asked Questions
Get answers about financing your regenerative medicine treatment at The Pain Center of Rhode Island.
Does applying affect my credit score?
Checking your eligibility with Affirm uses a soft credit check and has zero impact on your credit score. If you choose to accept and finalize a multi-month installment loan, a standard hard inquiry occurs at checkout. CareCredit utilizes a standard credit application process which involves a traditional hard inquiry upon submission.
Can I pay off my loan early?
Yes. Both Affirm and Care Credit allow early repayment without penalties. If your financial situation improves, you can pay off your balance whenever you want without extra charges.
What happens if I am late on a payment?
With Affirm, you will never be charged a late fee. However, interest will continue to accrue daily on the past-due amount, your global purchasing power will be temporarily frozen, and accounts past due by 30 days are reported to credit bureaus.
With CareCredit, a late payment will result in a late fee of up to $41, can instantly void your 0% interest promotional window, and may trigger a permanent penalty interest rate jump to 39.99% APR.
What if I get denied by Affirm or don't get approved for the full treatment amount?
If Affirm denies your application or approves you for an amount lower than your treatment cost, you have a built-in safety net. You can use our “Hybrid Payment” strategy by paying a portion upfront in cash and financing the rest, or you can seamlessly switch to CareCredit. Because CareCredit operates through a traditional banking network, they are often much more flexible with higher credit limits, allowing you to secure approval for the full treatment amount with $0 down.
Can I use my Health Savings Account (HSA) or Flexible Spending Account (FSA) with these financing options?
Yes, in many cases. Regenerative medicine treatments like Stem Cell and Shockwave therapy are often eligible expenses under HSA and FSA guidelines when prescribed by a doctor for pain management or injury recovery. You can use your HSA/FSA debit card to pay your upfront clinic deposit, or use it to make your monthly payments directly to Affirm or CareCredit. We highly recommend checking with your specific account administrator beforehand to confirm your coverage and compliance requirements.
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