Synchrony CareCredit partners with Pawlicy Advisor
Consumer financial services company Synchrony is working with pet insurance marketplace Pawlicy Advisor to introduce pet healthcare financing. Synchrony’s CareCredit, a financing solution for veterinary care, will be available on the Pawlicy Advisor pet insurance marketplace.
The strategic partnership between the two companies makes CareCredit’s leading financing solution available to more than 300,000 pet owners who use Pawlicy Advisor’s free online resources each month, according to a press release issued on Monday 17 January.
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CareCredit gives pet owners access to an affordable option for veterinary care, and Pawlicy Advisor’s partnership with CareCredit fills a gap in veterinary care, as many policies have a waiting period or do not cover pre-existing conditions. The policy can also be used for personal expenses not covered by insurance.
“Affordable health and wellness solutions are essential for today’s growing population of pet parents,” said Jonathan Wainberg, senior vice president and general manager, Companion Animals, Synchrony.
“The addition of the CareCredit financial solution to the Pawlicy marketplace, in addition to our pet insurance solution, Pets Best, contributes to our shared goal of providing a lifetime of pet care and ensures that all pets — even those with pre-existing conditions — are capable of getting the care they need,” Wainberg said.
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Founded in 2018 and based in New York, Pawlicy Advisor was originally launched as a personalized, data-driven comparison site for pet insurance policies, and has since grown into a resource for pet parents. pets and veterinarians looking for financial protection for their pets.
According to the release, the addition of CareCredit as a financing option provides pet owners with a comprehensive set of solutions available to help them plan for their pets’ healthcare costs.
“As we sought to fill the void for pet parents who were not eligible for pet insurance or for those for whom out-of-pocket expenses are too high, CareCredit was our first call” , said Woody Mawhinney, CEO of Pawlicy Advisor. and co-founder.
“Not only is CareCredit the leader in veterinary treatment financing, with a proven, best-in-class offering, but it also shares our commitment to innovation and education on how to provide our beloved pets. the best care possible,” added Mawhinney.