CareCredit — How It Works

• A specialized credit card / payment line designed for wellness, beauty, and elective services

• You apply and if approved, you can use it right away for eligible services at participating providers.

• Offers promotional “no interest if paid in full in X months” options (e.g., 6, 12, 18, 24 months) and sometimes longer fixed-payment plans.

• Once you make a purchase, you’ll make monthly payments. If you don’t pay off the promotional balance by the end of the term, interest is charged retroactively.

How to Apply

• You or your guest apply online at CareCredit’s website or on-site via the salon if you have the link/QR code.

• Instant decision is common. If approved, the card/account is ready for use.
  Requirements & Eligibility

• Must be 18+ (or 21+ if applying by phone) and a U.S. resident. 

• Credit approval is required; the exact minimum score is not publicly specified. 

• Purchase must meet minimums for promotional financing (e.g., $200+). 

Pros

• Allows clients to book the service now and pay over many months when promotional financing applies

• Often has low upfront payment or deferred payment periods

• Can be used multiple times once approved

• Great for larger ticket services (extensions, major color makeovers)

Cons

• If the promotional term is not paid in full, interest can be applied retroactively at high rates. 

• Requires a credit approval (though softer than some loans, maybe)

• Terms vary significantly by purchase size and plan; complexity can confuse clients

Recommendation

Use CareCredit when your guest is committing to a larger service or makeover and needs a longer timeline to pay, and they are comfortable with credit-card style payments and comfortable with reading the terms. It’s especially strong when you want to offer “pay over many months” beyond simpler “split into a few payments” options.

Deferred Credit Option — How It Works

• A deferred credit option is an in-house or partner financing arrangement that lets the client defer payments (or start small) and pay off their service over time, often with promotional interest-free periods or specific monthly payment plans.

• Example: “Book now, start payments after 3 months” or “0% interest for 12 months then standard rate” — built for high-ticket beauty services.

• After booking, the client begins making regular payments according to the agreed plan.

How to Apply

• At checkout, the front-desk presents the deferred credit option.

• Client completes a quick eligibility check (often soft credit check or simple underwriting).

• Once approved, the service is reserved and payment terms are set.

• Payment schedule appears in writing and linked to the appointment.

Requirements & Eligibility

• Usually need a valid credit card or debit card on file.

• Proof of identity, possibly proof of income or banking history depending on provider.

• Minimum service cost (e.g., the cost of your full extension install) may be required to qualify.

• Agreement to terms including payment schedule, interest (if any), deferred period, etc.

Pros

• Very flexible: can tailor payment schedules (defer start, set monthly payment, etc.).

• Demonstrates high-end service: offers the “luxury you want now, pay over time your way” experience.

• Keeps clients who might hesitate because of upfront cost engaged and able to commit.

Cons

• If payments are missed, interest or fees can apply.

• The longer the term, the more complex the terms become — clients may feel “locked in”.

• Requires careful client education to avoid surprises.