CareCredit at Cuda Counseling: Making Therapy More Accessible
We believe cost shouldn't decide who gets to feel better. That's the whole reason we offer CareCredit. It's one more option to help make therapy accessible, so more people can get started with counseling without having to pay for it all at once.
If you've been looking for a therapist in Central New York and money has been the thing holding you back, here's a simple breakdown of how CareCredit works.
What Is CareCredit?
Think of it like a credit card, but just for health and wellness costs like therapy. Instead of paying your whole bill upfront, you can split it into smaller payments over time. It's one of the ways we try to remove barriers between people and the care they need.
Applying only takes a few minutes, either online or over the phone.
Two Simple Ways to Pay It Off
CareCredit gives you two ways to pay, so you can pick whichever fits your situation and budget better.
Option 1: Pay It Off in Full, Pay No Interest
This is the better option for smaller amounts. As long as you pay everything back within a set time frame (like 6, 12, 18, or 24 months), you won't pay any interest at all.
The catch: if you don't pay it all off in time, interest gets added back to the very beginning. So you want to make sure you can realistically pay it off by the deadline, not just make the smallest payment each month.
This option is available on purchases of $200 or more.
*No interest will be charged on the promo balance if you pay it off, in full, within the promo period. If you do not, interest will be charged on the promo balance from the purchase date. The required minimum monthly payments may or may not pay off the promo balance before the end of the promo period, depending on purchase amount, promo length, and payment allocation. Regular account terms apply to non-promo purchases and, after the promo period ends, to the promo balance. Existing cardholders should see their credit card agreement terms. Subject to credit approval.
Option 2: Lower Interest Rate, Same Payment Every Month
This one is better for bigger amounts. You'll pay a lower interest rate than a regular credit card, and your monthly payment stays the same until it's paid off. No surprises, no deadline pressure, just steady, predictable payments so therapy fits into your budget.
Here's what's currently available:
24 months at 17.90% interest, for purchases of $1,000 or more
36 months at 18.90% interest, for purchases of $1,000 or more
48 months at 19.90% interest, for purchases of $1,000 or more
60 months at 20.90% interest, for purchases of $2,500 or more
*Interest will be charged on promo purchases at a reduced APR from the purchase date. Fixed monthly payments are required until paid in full. The fixed monthly payment will be rounded up to the next highest whole dollar and may be higher than the minimum payment that would be required on a non-promo purchase. Regular account terms apply to non-promo purchases. Existing cardholders should see their credit card agreement terms. Subject to credit approval.
Which One Should I Pick?
| Pay in Full, No Interest | Lower Rate, Fixed Payment | |
|---|---|---|
| Good for | Smaller costs you can pay off fast | Bigger costs, more time needed |
| Smallest amount | $200 | $1,000 (or $2,500 for the 5-year plan) |
| The deal | No interest if paid off in time | Lower rate, same payment every month |
| How long | 6, 12, 18, or 24 months | 24, 36, 48, or 60 months |
A Few Things Worth Knowing
Not every financing option is available everywhere. Just ask us what we offer.
You need to be 18 or older to apply, and 21 or older if applying by phone.
Getting approved works like any credit card: it's based on your credit.
For New Accounts as of 5/30/24: Purchase APR 32.99%. Penalty APR 39.99%. Minimum Interest Charge $2.
Not sure which option's the right fit? Just ask, we're happy to walk you through your choices. You can also check out our accepted insurances.
Cost shouldn't decide who gets to feel better. If you've been putting off counseling in Central New York because of the price tag, let's find a payment plan that works for you.