It’s a sad fact of life that like any living creatures, the animals we keep as pets often get sick. When this happens, it’s your duty as your pet’s caretaker to do what you can to help them get better. This isn’t something that most people have any sort of problem with; everyone wants the best for their animal companions. Unfortunately, these things cost a lot of money, and not everyone has the money waiting in their bank account to pay for that kind of expense out of pocket. Although such products are available on the market, relatively few people bother to obtain health insurance for their pet before disaster strikes; it just doesn’t seem like something they’ll need before then. When something happens, they need to get the money for it some other way, and that way often involves borrowing with online payday loans.
This is a legitimate way to take care of this crisis, but you shouldn’t put that plan into motion until you’ve worked out the details first. This is a time of great emotional turmoil for all pet parents, and you might make decisions that you otherwise wouldn’t (and that would put you at financial risk) due to the fear and pain you are experiencing. Before you actually sign any documents or agreements, you should sit down and think about the following points of consideration. Reflect on these things until you have come up with a proper plan; then you can get your plans into gear and start to work toward making your pet feel better.
Start With Specific Numbers
When a pet’s medical needs start to become significant, it’s important to make sure you know exactly what you’re getting into. It’s easy to think that you know the whole story in terms of what this will cost only to come to find out that you really don’t. For instance, say your dog breaks his leg: what do you think it would cost to treat this problem? It could be as little as a few hundred dollars in the right circumstances, which is around what most people would probably guess. However, this is only true in the simplest of cases. Many breaks cost close to or even over a thousand dollars to treat, and that’s assuming that the animal does not require surgery to fully solve the problem. If that happens, there are additional costs to consider.
This specific example involves costs that are higher than predicted, but you could also end up overestimating the cost involved just as easily. Cancer in a human could cost hundreds of thousands of dollars to treat in a country without Canada’s public health care system, but it can actually be relatively inexpensive to treat in pets (at least in direct comparison). You’ll still need a sizable amount of money to fund this course of action, but probably nowhere near what you would be expecting. If you’re going to borrow to get this money, you need to know exactly how big of a loan you’re looking for – not all online payday loans are the same size, after all, and some will not be suited to your needs. The best way to do this is to ask the vet treating your animal directly for an estimate. They may not be able to tell you exactly what you’ll pay (after all, they don’t necessarily know what your pet will need until the basics have already been tried), but they can give you a realistic idea of the costs that shouldn’t be too far off from the reality.
Consider the Cost of the Full Treatment Plan
When you’re getting the estimate mentioned above, you should also think about asking whether or not the treatment that you are discussing accurately covers the full scope of what will be needed. Sometimes there are ancillary costs to account for that don’t necessarily come up during the first few conversations about what will be needed. For example, it’s common for pets who require surgery to need to stick to a special diet for a while after the treatment so that they can tolerate the food better in their weakened state. The food that is recommended isn’t exorbitantly expensive, but it can be noticeably pricier than standard pet food. Many animals will also need medication to help prevent infection or to drive out the last remnants of a disease. Some will even need new accommodations like an adapted pet wheelchair or some small stairs to help them get around your home. All of these things will cost you more money and should be asked about when you’re trying to price out exactly how much all this will cost you.
Ask About Financing Options Directly
There’s no way to get around many of these expenses, but you can still possibly reduce the cost if you talk to your veterinarian’s office about any concerns you might have regarding the total bill. Many of these locations are independent practices with a fair amount of control over things like billing and pricing, and they sometimes adjust their policies a bit to accommodate well-meaning pet owners who are short on funds. Because they want to see animals getting the best possible care, they’re not necessarily unsympathetic to the idea that you might not have the funds to provide that right now even if you want to. That’s why they will often work with you to help sort out the financial stuff and get your pet what it needs to stop suffering.
In some cases, they may be willing to provide a slight discount on some of their services or allow you to pay some of your balance back over time, lowering the amount you have to borrow to cover. Most probably won’t let you do this for the entire balance of a large bill (they have their own bills to pay and can’t risk you wandering off and never returning to them), but as long as you can pay a chunk of what you’ll owe right away, many are happy to be flexible. This may mean that you would only have to take out online payday loans to make that down payment, not to cover the entire bill; that would significantly lower the cost of a loan. Inquire about these things early on so you can adjust your expectations accordingly – the worst your vet can do is say no.
Consider The Timing
Another big thing to think about at this time is how soon you expect to need the money you intend to borrow. If something has to be done immediately in order for your pet to have the best chances of recovery, it’s obviously worth doing what you can to make that a feasible option. For example, you probably don’t want to wait too long to have a potentially cancerous tumour removed from your animal, as it could easily grow and spread to the point of becoming fatal or at least requiring amputation of the limb it is on.
When timing matters so much, you’ll have to choose the type of loan you take based on that as a primary concern. Online payday loans will usually come in the most quickly, but the difference in turnaround time between those and the larger installment loans can be very slight if you choose the right ones. Since the latter are usually cheaper and may be of a more suitable size for the issues you’re dealing with, they’re worth checking out too. Of course, there will be some situations where even a few hours’ difference will have monumental effects on how things go with your pet, so if you’re truly in one of those situations, it’s best not to delay and just go with the online payday loans options. You should expect to pay more when doing so, but it’s the best way to make sure that the money you need gets to you on time.
Don’t Overextend Yourself
Borrowing to help out your sick pets is only one of the situations in which you might need a loan in life. It’s always possible to max out your borrowing potential to address just one problem like this, but you should consider whether or not this is a good idea before you actually do it. Debt is no small matter to deal with, especially when there is a lot of it on your plate all at once. Even if you could afford to borrow more by taking out more online payday loans or other types of loans, it may not be in your best interest to do so – or frankly, even in your pet’s. At a certain point, you will only be prolonging the inevitable, and you may be forcing your furry friend to spend their last days suffering in pain when without intervention nature would have simply taken its course. Think carefully before you add any more debt to your existing load, and make sure that your concerns and your pet’s comfort are both part of the equation when you make your final decision.
Know When To Let Go
Sometimes even when we try our best and give everything we have toward the effort, we still can’t get our sick pets to improve enough to have a reasonable chance at a good life. When things get bad enough, it’s time to stop trying to figure out how you will pay for the treatment that would be needed and accept that you simply can’t do it. Doing so doesn’t make you a bad or irresponsible pet owner, just a realistic one. When you’ve done all you can reasonably do for your animal and it’s still not enough, you can rest assured that you’ve done your duty as a pet owner and done right by your sick friend.
At this point, your finances will likely already be strained, but you can at least be confident that they won’t get any worse if you draw the line where you are. It’s a good time to step in and try to mitigate some of the damage. Take a thorough assessment of where you are in terms of debt obligations as a result of this experience and pay back as much as possible as soon as you can so that you end up with as low an amount owing as you can get; remember, online payday loans barely give you any time to repay as it is. You probably won’t feel much like dealing with financial affairs right now, but it’s imperative that you do so in order to keep a handle on your new obligations as a debtor. The smoother that process can go, the less stressful it will ultimately be for you, and that’s what you want to accomplish; you’ll have enough stress hanging over your head with the loss of your beloved pet.
Stay Safe in This Trying Time and Find Online Payday Loans Through Us
The last thing you want when your pet is in fragile health is to be dealing with online payday loans from a provider who can’t respond to you on time, can’t provide more information when asked, or just can’t be trusted. You can avoid all of that by choosing a lender who is part of Bonsai Finance’s own trusted partner network. We’ve worked with many excellent, reputable lenders over the years, and we are happy to be able to connect you to their services through our website. Just pick through our listings and find one that suits your needs, and you’ll be able to apply in a few minutes’ time. That’s all it takes to get your pet started toward feeling better.