Care Credit approve but I have a question

[Anonymous]

I went to my Oral surgeon yesterday and the work I need to have done will cost me $4,543, which was after maxing out all of my coverage. The good news was the implant that was done back in November was ready for a crown. So I called my general dentist to inform her that I was ready for that and was told my bill would be $1,630. So I was trying to figure out how I was going to pay for all of this work when her assistant told me about Care Credit.
So I went online and was instantly approved for $4,600 dollars. Yea me. Lol. But when I did a general reach on the internet the reviews of Care Credit were horrible;
Poor customer service.
Very high interest rates.
Charging interest rates during the interest free period.
Hidden fees.
So now I afraid to use the account. I just wanted to ask if anyone could tell me their experience with Care Credit? I trust the people on MYFICO more than the general public on the internet.
thanks

[Anonymous]

One more thing. How will Care Credit appear on my credit report? Will it be like a loan or more like a normal credit card.

[Anonymous]

Carecredit has a maximum limit, so reports as a credit card. Horror stories of hidden fees are most likely user error not reading fine-print if you make charges outside of a finance agreement it hits interest. Minimum payments are not banged out terms to pay off in time where an installment loan is! it is just to satisfy the credit card month to month. It is just like a Lowe's card when you buy something large and have six months or a year to pay it off.

[Anonymous]

So if it reports as a CC then I guess my util will take a big hit because I plan on using $3,600 of the $4,600 straight away. 78% util on CareCredit and 45% over all is not good. I don't plan on applying for any new cards this year but I am worried how my other CC companies will view that hight utilization.

[AverageJoesCredit]

Try chatting them up and see if you can get more, many are reporting sp cli increases lately and explain that you need more.

[tussking]

I have had care credit for well over a year and have used it 3x. They have been nothing short of stellar. I call every month to direct which promo my payment should be applied to. Customer service has been great ! I went from 4k to 12k in 3 months. Call them with a purpose and they will help you with a CLI. After the only reason to use the card is for health care ! Good luck. 

[Aduke1122]

Hey congrats on the approval Op , don't buy too much into the horror stories you hear . It is revolving but Synch is great about giving CLI .Aslo to the others that replied , how do you chat , I never see a chat button on mine

[rmduhon]

We haven't had a problem with mine. Me and mom got glasses that totaled about 600 with 6 months to pay. Minimum payment was 25, which wouldn't have paid off the account before 6 months was up. Do your own figuring for the minimum to be sure you don't get caught with interest.

[Anonymous]

Thanks everyone for your inputs. I feel much better about using the card. I will have 2 diferent charges from 2 different dentist. Will they be looked at as one bill or will I have to make payments to both? My general dentist office asked me what terms I wanted I said 12 months. (Will pay that one off in 2/3 months since it is only $1,635)

[rmduhon]

It'll be different bills. Mine and my mom's glasses were different charges even though they were bought at the same time and place. Because of insurance they had to be rung up separately.