Looks like Chase Health Advance, of Chase Card Services (JP Morgan), are teaming up for Pets Best Insurance for the purpose of making pet insurance more affordable.
The partnership was created to help non insured pet owners and those with medical expenses not covered by their pet insurance, such as pre-existing conditions. They will be offering offer “12-, 18- and 24-month, no-interest payment plans and instant credit decision making.”
In the past pet medical care was a simple question of economics; owners could afford pet health care or they couldn’t. With no interest payment plans, this really sounds like a good deal for those owners who can plan ahead and save money throughout those 12-24 month plans they plan to partake in.
I am interested to see what the interest rates will be after that however.
But I like it, good move by both parties.
Read the rest of the article here.
some content borrowed from tradingmarkets.com