Cosmetic Surgery Loans

By: Braden

If study conducted by Lloyds TSB bank is to be believed, six out of ten Britons believe that plastic surgery is the key to true happiness, and are prepared to take out a personal loan to fund their makeover. This means that an astounding 57% of Brits are ready to go for loans to have a brand new look. The study also revealed that Cosmetic surgery have risen by more than a half in year 2006 and are expected to rise more in 2007. So, cosmetic surgery loans are competing with their competitors, home improvements and car loans.

With the lifestyle becoming mod everyday and more stress being laid on personality development and body grooming, Brits are getting finicky about cosmetic surgeries. The most popular procedures are Botox, facelifts, rhinoplasty (nose jobs) and tummy tucks. The prices for all these are touching sky, the cheapest starting at ? 2.900 and going up high more than ? 5.800. Brits have started availing financial aid for cosmetic surgery so much that these no longer come under miscellaneous. Most of the high street banks sell these products as Cosmetic surgery loans.

A business review website has speculated that by 2009 more than one million British adults would have availed cosmetic surgery loans for getting their makeovers done. Let us have a look at the some of the interesting facts on plastic surgery loans.

More men than women go for cosmetic surgery loans

Last month there was a news that a cosmetic surgery firm would debacle these loan s as tax free

Around ?1.8 million is spent on cosmetic surgery each day

A large number of Brits go to gulf countries to get cosmetic surgeries done

UK retirees above 65 years of age are heading abroad for beauty treatments and availing cosmetic surgery loans for that.

11.6 % pensioners in UK have taken cosmetic surgery loans.

These facts revealed by studies done by various banks and financial websites prove that luxury and lifestyle products such as skin treatment, beauty enhancement, anti-aging etc has become major reasons for availing loans. That is the reason as to why cosmetic surgery loans are gaining so much popularity.

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