1 00:00:02,240 --> 00:00:14,400 Speaker 1: This is pet Life Radio. Let's talk pets. 2 00:00:15,160 --> 00:00:18,239 Speaker 2: Hello, pet levers, Welcome to Best Bets for Pets. I'm 3 00:00:18,280 --> 00:00:21,760 your show host Michelle Burne. So today we're going to 4 00:00:21,839 --> 00:00:25,839 talk about something that pet parents and potential pet parents 5 00:00:26,320 --> 00:00:29,960 always consider, and if they don't, they should, the cost 6 00:00:30,559 --> 00:00:36,119 of having a pet, especially the care. Sometimes pet parents 7 00:00:36,119 --> 00:00:38,439 are aware of it, sometimes they just don't think. And 8 00:00:38,479 --> 00:00:42,679 my guest today not only has answers to our questions 9 00:00:42,759 --> 00:00:46,759 as to why costs are raising, but also solutions on 10 00:00:46,880 --> 00:00:49,960 what to do. So stay tuned, we'll be right back. 11 00:00:52,119 --> 00:00:55,840 Speaker 3: Take a bite out of your competition, advertise your business 12 00:00:55,880 --> 00:00:59,159 with an ad in pet Life Radio podcast and radio shows. 13 00:00:59,399 --> 00:01:02,119 There is no other pet related media that is as 14 00:01:02,200 --> 00:01:05,239 large and reaches more pet parents and pet lovers than 15 00:01:05,319 --> 00:01:09,239 pet Life Radio with over seven million monthly listeners. Pet 16 00:01:09,239 --> 00:01:13,359 Life Radio podcasts are available on all major podcast platforms, 17 00:01:13,560 --> 00:01:16,599 and our live radio stream goes out to over two 18 00:01:16,719 --> 00:01:21,359 hundred and fifty million subscribers on iHeartRadio, Odyssey, tune In, 19 00:01:21,560 --> 00:01:24,760 and other streaming apps. For more information on how you 20 00:01:24,840 --> 00:01:28,400 can advertise on the number one pet podcast and radio network, 21 00:01:28,519 --> 00:01:34,879 visit Petlife Radio dot com slash advertised Today, let's. 22 00:01:34,599 --> 00:01:46,480 Speaker 4: Talk Pets on Petlifradio dot com. 23 00:01:46,920 --> 00:01:51,159 Speaker 2: Welcome back everyone. I'd like to welcome Jonathan Wayneberg. He 24 00:01:51,319 --> 00:01:55,079 is the senior vice president and general manager of pet 25 00:01:55,239 --> 00:01:56,400 at Care Credit. 26 00:01:56,799 --> 00:01:59,359 Speaker 5: Welcome Jonathan, thanks for having me, Thanks for having me back. 27 00:01:59,400 --> 00:02:02,680 Speaker 2: Actually, oh yes, thanks for coming back. I've been doing 28 00:02:02,840 --> 00:02:05,959 Best Pets for Pets for fifteen years, so I've done 29 00:02:06,000 --> 00:02:09,240 so many shows. But I know we talked before, and 30 00:02:09,599 --> 00:02:12,840 you know, it's a topic that pet parents always need 31 00:02:12,879 --> 00:02:15,639 to think about, and new pet parents don't always think about, 32 00:02:15,719 --> 00:02:18,639 and even people that have been pet parents for ages 33 00:02:19,039 --> 00:02:22,479 forget about, you know, the cost of pet ownership, especially 34 00:02:22,560 --> 00:02:26,639 when they have a crisis. But let's go to the 35 00:02:26,719 --> 00:02:29,319 beginning here. Can you explain to our listeners what exactly 36 00:02:29,439 --> 00:02:30,400 care Credit is. 37 00:02:30,960 --> 00:02:35,000 Speaker 5: Yeah, care Credit is a is a credit card, and 38 00:02:35,080 --> 00:02:38,680 it is a credit card that helps you manage your 39 00:02:39,240 --> 00:02:43,000 expenses and out of pocket for expenses, whether it be 40 00:02:43,120 --> 00:02:46,159 in the pet space or whether it be in other 41 00:02:46,280 --> 00:02:50,360 areas in the healthcare space, in particular in elective healthcare space. 42 00:02:50,719 --> 00:02:53,120 And what it basically allows you to do is it 43 00:02:53,159 --> 00:02:55,479 allows you to take that expense that you have, whether 44 00:02:55,520 --> 00:02:59,960 it's expected or unexpected, and pay over a larger amount 45 00:02:59,960 --> 00:03:05,199 of time through various deferred interest promotions. That makes your 46 00:03:05,520 --> 00:03:10,439 bill much more manageable bite size, if you will, depending 47 00:03:10,479 --> 00:03:13,840 on how long. And it's something that we have found 48 00:03:13,919 --> 00:03:19,199 has been critical to our cardholders across the United States 49 00:03:19,759 --> 00:03:21,680 in a myriad of industries, but in particular in the 50 00:03:21,719 --> 00:03:26,560 pet space because, as Michelle you mentioned quite truly, that 51 00:03:27,039 --> 00:03:30,159 costs our big issue, especially because we want to give 52 00:03:30,240 --> 00:03:34,680 so much great care to our pet family members, and 53 00:03:34,800 --> 00:03:38,960 care Credit is an invaluable tool to help get that 54 00:03:39,080 --> 00:03:41,680 access to care in a budget friendly way. 55 00:03:41,879 --> 00:03:45,080 Speaker 2: Okay, and we'll talk more about care Credit at the 56 00:03:45,199 --> 00:03:47,520 end of our show. Let me ask this now, though, 57 00:03:47,800 --> 00:03:51,000 what makes care Credit different than other credit cards? Just 58 00:03:51,120 --> 00:03:53,599 a couple of features because we will talk more near 59 00:03:53,719 --> 00:03:55,680 about care Credit near the end of the show. But 60 00:03:56,039 --> 00:03:58,719 it's a credit card, So what is it different than 61 00:03:58,800 --> 00:04:01,039 maybe using another one of my credit cards? 62 00:04:01,199 --> 00:04:05,000 Speaker 5: Yeah, so there's several unique differences. Is that you know, 63 00:04:05,039 --> 00:04:08,000 we're accepted in the vet space in about over twenty 64 00:04:08,199 --> 00:04:11,479 seven thousand of that providers. And what makes that care 65 00:04:11,479 --> 00:04:14,759 credit card unique is that you could put it on 66 00:04:14,879 --> 00:04:18,319 a longer promotional period. So whereas you're on a normal 67 00:04:18,360 --> 00:04:21,360 credit card, you're going to start having to pay your 68 00:04:21,399 --> 00:04:24,480 bill right away after thirty days. Well, care Credit gives 69 00:04:24,519 --> 00:04:28,199 you that flexibility to pay it over different time periods, 70 00:04:28,199 --> 00:04:30,720 so it could be over six months, twelve months, eighteen months, 71 00:04:30,720 --> 00:04:35,199 two years, which which you can do without incurring interest 72 00:04:35,279 --> 00:04:37,680 so long as you're making that minimum payment. So it 73 00:04:37,720 --> 00:04:41,519 really makes it into a byte size promotional finance and 74 00:04:41,879 --> 00:04:45,120 lets you pay for that over the time of what 75 00:04:45,240 --> 00:04:48,480 is approachable for someone as a large bill. And we 76 00:04:48,639 --> 00:04:53,800 do that in partnership with vet practices across the United States. 77 00:04:54,040 --> 00:04:57,000 And because of that, especially in this environment, not having 78 00:04:57,040 --> 00:05:00,199 to pay interest if you're making those payments is real 79 00:05:00,199 --> 00:05:03,800 difference maker. We're also able to underwrite deeper because we 80 00:05:03,839 --> 00:05:06,759 know that that card is going to be used in 81 00:05:07,079 --> 00:05:10,399 a defined network as opposed to know a general purpose 82 00:05:10,439 --> 00:05:13,319 card where you can use it anywhere outside. And so 83 00:05:13,959 --> 00:05:18,759 care Credit is able to extend credit to a population 84 00:05:18,839 --> 00:05:22,279 which might have a harder time getting a MasterCard or 85 00:05:22,399 --> 00:05:23,839 visa of American Express. 86 00:05:23,959 --> 00:05:27,560 Speaker 2: That's another great consideration. All right, thank you. I've seen 87 00:05:27,600 --> 00:05:31,360 it in many places and in every VET office I 88 00:05:31,399 --> 00:05:34,959 think that I've ever used. Let's talk about now about 89 00:05:35,120 --> 00:05:39,240 pet ownership and why the true cost of pet ownership 90 00:05:39,279 --> 00:05:42,399 is rising. What do you think One of the most 91 00:05:42,560 --> 00:05:47,240 significant misconceptions of pet costs are that people are don't 92 00:05:47,279 --> 00:05:50,000 take into consideration when they're adopting. 93 00:05:50,160 --> 00:05:52,680 Speaker 5: Well at the beginning of life and bringing a pet 94 00:05:52,839 --> 00:05:57,120 in the family, the startup costs can be not insignificant. Right, 95 00:05:57,199 --> 00:06:00,040 So before you even get into, you know, some of 96 00:06:00,079 --> 00:06:03,279 the surprise health issues that you might have, you just 97 00:06:03,279 --> 00:06:06,040 have the stuff that come at first, Right, your first 98 00:06:06,040 --> 00:06:09,839 set visits all the vaccinations and oculations, everything that goes 99 00:06:09,839 --> 00:06:12,399 with that, but also getting your house ready for a 100 00:06:12,439 --> 00:06:15,000 pet and making sure that you know you're excited about 101 00:06:15,000 --> 00:06:18,720 it brings bringing another member of your family into your house, right, 102 00:06:18,800 --> 00:06:22,360 So getting whether it's a crate or the bed or 103 00:06:22,399 --> 00:06:25,480 the bull, and the food and and everything, the callers, 104 00:06:25,519 --> 00:06:28,079 everything that goes with that, and you want to you know, 105 00:06:28,319 --> 00:06:31,439 most cases have the best foregun. So right at the 106 00:06:31,480 --> 00:06:33,839 time when you decide to bring that pet into your 107 00:06:33,879 --> 00:06:37,439 family and into your home right away, you're you're incurring 108 00:06:37,480 --> 00:06:40,199 quite a bit of expense. And that's even before you 109 00:06:40,560 --> 00:06:42,879 factor of the cost of the of the pet itself, right, 110 00:06:42,920 --> 00:06:44,920 And so there's there's a lot of you know, for 111 00:06:45,079 --> 00:06:47,399 lack of a better term startup costs when it comes 112 00:06:47,439 --> 00:06:48,800 to bringing a pet in to your home. 113 00:06:49,040 --> 00:06:50,920 Speaker 2: You know what, that's exactly what I was thinking of. 114 00:06:50,959 --> 00:06:53,000 I thought maybe my head's gone a little too business. 115 00:06:53,079 --> 00:06:55,920 But you know, the startup costs of pet ownership can 116 00:06:56,000 --> 00:06:59,759 be significant because you have to obtain so many different 117 00:07:00,279 --> 00:07:02,360 items as you mentioned. 118 00:07:02,120 --> 00:07:04,120 Speaker 5: Oh and it's an exciting time, and so you want 119 00:07:04,120 --> 00:07:06,879 to get like the new cool tricks, like the caller 120 00:07:07,279 --> 00:07:09,399 that teld you what they're exercising, your notub or a 121 00:07:09,399 --> 00:07:12,439 GPS thing depending on the animal or if it's a cat, 122 00:07:12,519 --> 00:07:14,519 you want to have the you know, some people be 123 00:07:14,920 --> 00:07:17,519 you know, the robot litter box, right, and all that 124 00:07:17,560 --> 00:07:20,720 stuff tends to add up. So it's it's an exciting 125 00:07:20,759 --> 00:07:24,720 time and we could understandably get you know, very excited 126 00:07:25,000 --> 00:07:28,839 and you know, perhaps out of control or very aspirational 127 00:07:28,839 --> 00:07:30,319 if some of the purchases were making. 128 00:07:30,399 --> 00:07:34,000 Speaker 2: Right and especially with the technology, I mean, a callers 129 00:07:34,120 --> 00:07:36,839 used to be what ten fifteen twenty bucks. Now you 130 00:07:36,839 --> 00:07:39,160 can get a collar for up to three hundred, four hundred, 131 00:07:39,279 --> 00:07:42,680 five hundred, you know, if you were kind of a 132 00:07:42,839 --> 00:07:46,920 super caller. Let's talk about some of the hidden costs 133 00:07:47,000 --> 00:07:50,560 that pet parents don't think about beside the obvious, which 134 00:07:50,600 --> 00:07:54,720 is generally food and treats and maybe the annual that visit. 135 00:07:55,160 --> 00:07:57,120 What are some of the things that pet parents just 136 00:07:57,279 --> 00:08:01,000 don't think about that you know, that come into surprise. 137 00:08:01,360 --> 00:08:04,279 Speaker 5: Yeah, so I think before you know, we'll get into 138 00:08:04,319 --> 00:08:06,959 the healthcare things in a second. I think other things 139 00:08:06,959 --> 00:08:10,079 which conus a surprise is you know, boarding, you know, 140 00:08:10,199 --> 00:08:12,959 and and and grooming, right, grooming depending on on the 141 00:08:12,959 --> 00:08:16,240 pet you have. We're talking certainly about about dogs, right yep, 142 00:08:16,480 --> 00:08:18,839 and stuff like that which can add up. And you know, 143 00:08:18,879 --> 00:08:20,920 in some cases, depending on the coat, you should be 144 00:08:21,079 --> 00:08:24,720 going monthly, you know, others maybe not quite as often, 145 00:08:24,800 --> 00:08:28,439 but that that is becoming more expensive as people are 146 00:08:28,480 --> 00:08:30,839 returning to the office at a much higher pace and 147 00:08:30,920 --> 00:08:32,720 than we used to do, right, you know, A big 148 00:08:33,039 --> 00:08:36,039 consideration for pet parents is, you know, the mental health 149 00:08:36,039 --> 00:08:40,039 of your pet and being left home alone, right is 150 00:08:40,200 --> 00:08:43,440 not easy on those on those on those family members 151 00:08:43,480 --> 00:08:46,080 that are used to us being at all for a 152 00:08:46,080 --> 00:08:48,399 lot of the time and and and thrive off of 153 00:08:48,440 --> 00:08:53,440 our attention and and our compassion and companionship just as 154 00:08:53,480 --> 00:08:58,080 we do from theirs. And so having them have activity 155 00:08:58,159 --> 00:09:00,759 and being able to you know, go on walks and 156 00:09:00,799 --> 00:09:04,639 play with other dogs and so on. That's certainly, you know, 157 00:09:04,639 --> 00:09:07,120 when you think about just general well being, those are 158 00:09:07,159 --> 00:09:09,879 some expenses that you know, I think people need to consider. 159 00:09:10,279 --> 00:09:14,480 Then you start getting into, you know, somebody unexpected healthcare costs, 160 00:09:14,480 --> 00:09:17,279 And the fact is is that just like humans, you know, 161 00:09:17,480 --> 00:09:20,360 things surprises, right. You know, we get sick. They get sick, right. 162 00:09:20,399 --> 00:09:22,840 And the difference a little bit is when we get 163 00:09:22,879 --> 00:09:25,519 sick we can kind of explain it to ourselves better. 164 00:09:25,679 --> 00:09:28,279 We can talk to someone that we know or we've 165 00:09:28,320 --> 00:09:30,519 had it before. You know, we to this day, we 166 00:09:30,559 --> 00:09:34,840 still don't speak pet. As much as AI has has advanced, 167 00:09:34,960 --> 00:09:37,000 we still don't speak pets. So if I'm looking at 168 00:09:37,039 --> 00:09:40,480 my dog here in the corner, Maddie, she's not feeling well, 169 00:09:40,480 --> 00:09:42,759 She's not able to tell me. And so you know, 170 00:09:42,919 --> 00:09:45,159 chances are you got to go see someone about that. 171 00:09:45,240 --> 00:09:48,480 And so you see a lot of you know, unexpected 172 00:09:48,840 --> 00:09:51,720 visits that pop up, which are expensive. And then you 173 00:09:51,720 --> 00:09:55,080 know the report that we that we commission show that 174 00:09:55,279 --> 00:09:56,960 you know, four out of five pets in the right 175 00:09:57,000 --> 00:09:59,960 time will have an unexpected emergency. And so you know, 176 00:10:00,639 --> 00:10:03,080 I always say you should always you know, prepare for 177 00:10:03,240 --> 00:10:07,480 the unexpected, which is or expect the unexpected, which you 178 00:10:07,519 --> 00:10:09,759 know is a little bit of an oxymoron, but but 179 00:10:09,840 --> 00:10:11,320 still it's something that you have to do if you 180 00:10:11,320 --> 00:10:12,639 want to be responsible pet parent. 181 00:10:13,000 --> 00:10:16,440 Speaker 2: I absolutely agree. Do you think that the advancements that 182 00:10:16,480 --> 00:10:20,480 we've seen in veterinary medicine, you know, and technology and 183 00:10:20,519 --> 00:10:25,200 also the pet wellness trends have had a significant influence 184 00:10:25,240 --> 00:10:29,039 on price increases for the you know, the average pet parent, 185 00:10:29,480 --> 00:10:33,720 like for example, fresh food versus you know, your standard 186 00:10:33,799 --> 00:10:37,440 wet food, wet and dry food combos. You know, certain 187 00:10:37,480 --> 00:10:42,200 wellness trends like supplements versus one I don't know, twenty 188 00:10:42,240 --> 00:10:44,919 years ago, they were unheard of special dots. 189 00:10:45,120 --> 00:10:47,320 Speaker 5: Yeah, I think there's a lot of things happening. I 190 00:10:47,320 --> 00:10:49,879 think I think if we look back and we say, okay, 191 00:10:50,240 --> 00:10:54,399 macro wise or just you know, how how the world 192 00:10:54,559 --> 00:10:58,879 views the pet as a member of family has number 193 00:10:58,919 --> 00:11:02,080 one elevator did a lot in the last you know, 194 00:11:02,120 --> 00:11:04,919 fifteen twenty years. So right away you're you're seeing people 195 00:11:05,200 --> 00:11:08,159 wanting to spend more on their pet, right which which 196 00:11:08,279 --> 00:11:11,240 drives a higher cost. And some of those products you 197 00:11:11,279 --> 00:11:14,360 talk about, right like the fresh food and other things 198 00:11:14,399 --> 00:11:18,000 that that people are seeking out as alternatives to some 199 00:11:18,039 --> 00:11:20,960 of the traditional foods that have been in the system 200 00:11:21,000 --> 00:11:23,320 for a while, right, I think I think that's one 201 00:11:23,399 --> 00:11:25,240 part of it. I think another part of it is 202 00:11:25,279 --> 00:11:27,639 just general inflation, right, I think I think, you know, 203 00:11:27,759 --> 00:11:30,159 the vendustry has not been immune to that. But the 204 00:11:30,200 --> 00:11:32,759 third part I would point out is the care that 205 00:11:32,840 --> 00:11:35,840 we're getting is is so much better. There's been so 206 00:11:35,840 --> 00:11:41,399 many advances in medical treatment and you know, care for 207 00:11:41,559 --> 00:11:45,720 our pets now with outcomes being greater as well. And 208 00:11:45,799 --> 00:11:48,720 so with that, you see a higher cost because of 209 00:11:48,759 --> 00:11:51,440 the investment that that are making in their training, that 210 00:11:51,480 --> 00:11:56,200 pharmaceutic companies are doing for their for their for their 211 00:11:56,240 --> 00:11:59,039 you know, cutting edge treatments. When you think about you know, 212 00:11:59,080 --> 00:12:01,240 some of the injectable now that are on the market 213 00:12:01,360 --> 00:12:04,679 and only having to bring that dog in maybe once 214 00:12:04,799 --> 00:12:06,759 or twice or quarterly as opposed to having to do 215 00:12:06,840 --> 00:12:11,039 something monthly. That's that's that's game changing. And yeah, that 216 00:12:11,200 --> 00:12:13,639 that's as a result, we're seeing you know a large 217 00:12:13,639 --> 00:12:16,320 part of higher costs because of that. But I view 218 00:12:16,440 --> 00:12:19,200 a higher cost part of it as Yes, there's obviously 219 00:12:19,279 --> 00:12:22,080 the the negative parts of it, where you know, to 220 00:12:22,120 --> 00:12:24,360 some extent. You know, there are people that are being 221 00:12:24,360 --> 00:12:26,799 priced out of the market and unable to you know, 222 00:12:26,840 --> 00:12:30,080 manage our expenses as well as as they can. But 223 00:12:30,559 --> 00:12:33,759 we are seeing pets living longer and having you know, 224 00:12:34,200 --> 00:12:38,559 happier and healthier lives and their families, and and to that, 225 00:12:39,039 --> 00:12:40,679 it's it's it's it's great to see. 226 00:12:40,759 --> 00:12:44,559 Speaker 2: I absolutely agree. Okay, let's talk about budgeting. We're going 227 00:12:44,639 --> 00:12:46,919 to talk about how to budget for both routine and 228 00:12:47,000 --> 00:12:50,840 emergency care. What would be your advice for building a 229 00:12:50,879 --> 00:12:54,200 realistic pet care budget that includes you know, day to 230 00:12:54,279 --> 00:12:59,320 day expenses as well as potential emergencies and when I 231 00:12:59,360 --> 00:13:02,159 mean data day. You know, there are some things that 232 00:13:02,840 --> 00:13:06,759 really surprise new pet parents. For example, dental visits. It's 233 00:13:06,799 --> 00:13:09,039 not like when you and I go to the dentist 234 00:13:09,120 --> 00:13:11,440 and they do a dental cleaning. It's not just a 235 00:13:11,519 --> 00:13:14,840 dental cleaning. Your pet has to be put under and 236 00:13:14,879 --> 00:13:18,679 that requires blood work. So a dental cleaning for us 237 00:13:18,720 --> 00:13:20,840 two leggers that could be even if you paid out 238 00:13:20,879 --> 00:13:24,399 of pocket, But two hundred two fifty with just a 239 00:13:24,480 --> 00:13:28,000 cleaning for your pet blood work, so we're looking at 240 00:13:28,039 --> 00:13:31,200 what four to six hundred. Then you have the dental 241 00:13:31,320 --> 00:13:34,200 So we're looking at almost maybe twelve fifteen hundred for 242 00:13:34,320 --> 00:13:38,120 just that's just regular and an annual basis, because that's 243 00:13:38,120 --> 00:13:39,799 what you need to do for a good dental care. 244 00:13:40,519 --> 00:13:42,720 How do we build a budget for this, for these 245 00:13:43,080 --> 00:13:47,759 regular routine care for our pet plus as you said, 246 00:13:47,799 --> 00:13:50,120 four to five pet parents will have an emergency at 247 00:13:50,159 --> 00:13:52,639 some time, how do we build a budget for those emergencies? 248 00:13:53,159 --> 00:13:55,240 Speaker 5: Yeah, first of all, I want to agree dental care 249 00:13:55,360 --> 00:14:00,840 is a very under estimated expense and and such a 250 00:14:01,000 --> 00:14:03,879 necessary treatment that that pets get. You know, that that 251 00:14:04,039 --> 00:14:06,399 dogs and cats need because you know, they do just 252 00:14:06,440 --> 00:14:08,519 about everything with their mouth for raiding their teeth, and 253 00:14:08,519 --> 00:14:10,879 it's so important for them to have a healthy oral 254 00:14:10,919 --> 00:14:13,200 health right and and and strong oilal health for them 255 00:14:13,240 --> 00:14:15,159 to be able to be you know, with a long 256 00:14:15,360 --> 00:14:17,480 like and with a with a happy life. And so 257 00:14:17,799 --> 00:14:19,720 you know, I would say the first shot bill action 258 00:14:19,840 --> 00:14:22,799 that I got was when Maddie had to have Maddie's 259 00:14:22,799 --> 00:14:25,440 my now fifteen year old miniature budle, but when she 260 00:14:25,480 --> 00:14:27,799 had to have her cheat crean, and then you add 261 00:14:27,840 --> 00:14:29,360 on top on top that she had to have some 262 00:14:29,440 --> 00:14:31,879 extractions and that costs even more so it is. It 263 00:14:31,919 --> 00:14:34,799 is a it is a shock to a system, but 264 00:14:34,840 --> 00:14:38,519 a very necessary cost. So going back to the first question, 265 00:14:38,919 --> 00:14:41,440 how do you budget for the you know, the normal 266 00:14:41,519 --> 00:14:43,279 day to day stuff, and then how do you how 267 00:14:43,279 --> 00:14:48,000 do you then layer in some of the budgeting for 268 00:14:48,159 --> 00:14:51,600 some of the more unexpected stuff or if not, budgeting 269 00:14:52,120 --> 00:14:55,559 tools that you can use. So I would say the 270 00:14:55,600 --> 00:14:58,320 first thing is is is do your research right. Understand 271 00:14:58,799 --> 00:15:03,120 you know, the cost of care in your in your 272 00:15:03,159 --> 00:15:09,200 area and for your breed, and what as is is 273 00:15:09,279 --> 00:15:12,919 the right kind of you know, spectrum of care, what's 274 00:15:12,960 --> 00:15:15,440 your what what what is right for how you know 275 00:15:15,559 --> 00:15:17,960 your family works, What might be right for you know, 276 00:15:18,039 --> 00:15:19,799 me and my family might not be right. In the 277 00:15:19,799 --> 00:15:22,600 way that you think about the healthcare that you want 278 00:15:22,639 --> 00:15:24,720 to give your pet. There's always some level that you 279 00:15:24,720 --> 00:15:26,960 want to give. Some people might want to be more holistic, 280 00:15:27,120 --> 00:15:29,320 some people might want to be more traditional, et cetera. 281 00:15:29,399 --> 00:15:32,039 But fact you're bad in understand your breed, Understand what 282 00:15:32,120 --> 00:15:34,399 kind of lifestyle you have or someone who travels a 283 00:15:34,440 --> 00:15:35,879 lot that's going to need a lot of boarding and 284 00:15:36,320 --> 00:15:39,320 things like that. So get that first out of a way, 285 00:15:39,480 --> 00:15:42,279 and then kind of really have a sit down with 286 00:15:42,279 --> 00:15:46,639 with with with with your vet to explain and understand 287 00:15:46,759 --> 00:15:50,039 what kind of treatments you can expect for that breed 288 00:15:50,279 --> 00:15:53,480 and for your lifestyle and together and use that, I 289 00:15:53,480 --> 00:15:56,120 would say first as your baseline. There's an incredible amount 290 00:15:56,159 --> 00:15:58,799 of tools out there, we have them on care credit 291 00:15:58,840 --> 00:16:00,919 dot Com as well about what you can expect to 292 00:16:02,080 --> 00:16:05,960 pay based on certain breeds and certain procedures and treatments 293 00:16:06,000 --> 00:16:08,279 that are needed. So i'd start with that as your baseline. 294 00:16:08,440 --> 00:16:11,519 Then a little bit more about you know, okay, if 295 00:16:11,559 --> 00:16:16,919 I'm getting a lab or or I'll use Maddie as 296 00:16:17,000 --> 00:16:19,600 as an example because she's she's she's right here in 297 00:16:19,639 --> 00:16:22,799 front of me. She's a miniature poodle. Well, cushings is 298 00:16:22,840 --> 00:16:25,799 not uncommon in a miniature poodle, So is that something 299 00:16:25,799 --> 00:16:28,879 that you should be prepared for? But coming around, you know, 300 00:16:28,960 --> 00:16:31,559 when you become a little bit older eight nine years, 301 00:16:31,840 --> 00:16:34,320 that's something that you might have to be treated for 302 00:16:34,480 --> 00:16:38,039 and kind of understand, you know, the long range of it, 303 00:16:38,080 --> 00:16:42,559 and to semipstent Michelle, as you know, like the costs 304 00:16:42,679 --> 00:16:45,759 aren't going to be smooth over the years, so you're 305 00:16:45,759 --> 00:16:47,759 gonna have You're gonna have peaks and valleys on this 306 00:16:47,960 --> 00:16:50,879 right and just understanding. Okay, well when do when do 307 00:16:51,039 --> 00:16:54,399 when do pets generally start to see a little bit knee, 308 00:16:54,519 --> 00:16:56,759 you know, more knee for sick visits as opposed to 309 00:16:57,159 --> 00:17:00,039 the general wellness visits, and and plan like that and 310 00:17:00,039 --> 00:17:03,759 and you know, some of the tools I would suggest are, 311 00:17:04,400 --> 00:17:07,000 you know, beyond just your your basic budgeting. You can 312 00:17:07,039 --> 00:17:09,160 you can have the pet savings accounts, the saving company 313 00:17:09,200 --> 00:17:12,000 up dedicated just in saving money because you know, but 314 00:17:12,079 --> 00:17:14,319 at some point there is going to be an unexpected cost. 315 00:17:14,599 --> 00:17:16,480 We talked about care credit, and I think that's a 316 00:17:16,559 --> 00:17:21,559 great a great tool for the expected and unexpected expenses 317 00:17:21,799 --> 00:17:26,079 and something that you know, allows the cardholder to pay 318 00:17:26,119 --> 00:17:28,640 over time, but also provides an access to care which 319 00:17:28,680 --> 00:17:30,880 some might not be able to have without it. And 320 00:17:30,920 --> 00:17:34,559 then pet insurance is also a uh is also is 321 00:17:34,599 --> 00:17:35,960 also a great tool to have. 322 00:17:36,279 --> 00:17:37,880 Speaker 2: Now, I mean interrupt you for one minute. We're going 323 00:17:37,920 --> 00:17:39,480 to get back to that, but we'll be right back 324 00:17:39,480 --> 00:17:40,240 after this rite. 325 00:17:42,599 --> 00:17:44,519 Speaker 3: Real people, real stories. 326 00:17:44,680 --> 00:17:47,880 Speaker 6: Our little dog developed this limp problem at the chemotherapy 327 00:17:47,960 --> 00:17:51,559 lasted for six months, started developing more lymph nos. So 328 00:17:51,680 --> 00:17:53,960 I thought I'd just try carnivor at the lymph nose 329 00:17:54,000 --> 00:17:56,000 started to go down. Then I took him into the 330 00:17:56,079 --> 00:17:57,759 vet to him checked out and then there was no 331 00:17:57,880 --> 00:17:59,279 signs at all inside. 332 00:17:59,000 --> 00:17:59,960 Speaker 5: Like God had issues. 333 00:18:00,079 --> 00:18:01,119 Speaker 6: That development is height. 334 00:18:01,240 --> 00:18:03,640 Speaker 5: And three months later my ven airing said, let's go 335 00:18:03,680 --> 00:18:06,640 ahead and remove the eye. I heard the carnivor on advertising, 336 00:18:06,880 --> 00:18:08,519 so I said, you know what, I'm going to order 337 00:18:08,559 --> 00:18:09,160 this product. 338 00:18:09,160 --> 00:18:11,400 Speaker 6: They did the procedure, they did all the death and 339 00:18:11,400 --> 00:18:12,880 they said, I don't know what you did. 340 00:18:13,279 --> 00:18:16,079 Speaker 2: This product they had I. 341 00:18:15,519 --> 00:18:16,759 Speaker 6: I've got a labrador. 342 00:18:17,000 --> 00:18:19,519 Speaker 5: You could hardly lift yourself up off the floor. The 343 00:18:19,559 --> 00:18:21,000 treatment was chemotherapy. 344 00:18:21,200 --> 00:18:23,079 Speaker 6: That's when I said this could be the ticket. 345 00:18:23,240 --> 00:18:26,119 Speaker 5: About three weeks you could tell she was very alert. 346 00:18:26,519 --> 00:18:28,599 Speaker 6: She was going on buy my walk and she is 347 00:18:28,720 --> 00:18:30,119 just like crime again. 348 00:18:30,400 --> 00:18:33,680 Speaker 2: Well eight six six eight three six eight seven three five. 349 00:18:33,799 --> 00:18:36,759 That's eight six six eight three six eight seven three 350 00:18:36,839 --> 00:18:40,440 five Or visit carnivore dot com. That's c A R 351 00:18:40,640 --> 00:18:40,839 N I. 352 00:18:41,039 --> 00:18:42,559 Speaker 1: V O r A dot com. 353 00:18:42,759 --> 00:18:46,759 Speaker 5: Use promo code pet life at checkout for fifteen percent 354 00:18:46,920 --> 00:18:50,079 off your order at Carnivora dot com. 355 00:18:50,799 --> 00:18:52,440 Speaker 1: Let's talk about let's done. 356 00:18:52,519 --> 00:19:06,039 Speaker 7: Peto Radio Headline Radio atlin Radio dot com. 357 00:19:06,720 --> 00:19:12,480 Speaker 2: Welcome back everyone, we're talking to Jonathan Wayneberg, and he 358 00:19:12,720 --> 00:19:16,200 is the senior VP and General manager of pet at 359 00:19:16,240 --> 00:19:19,880 care Credit. A lot of great information regarding how to 360 00:19:19,920 --> 00:19:23,480 budget for your pet or pet to be and things 361 00:19:23,519 --> 00:19:26,720 to look out for and check out. Right before the break, 362 00:19:26,759 --> 00:19:29,240 you had mentioned that there is a tool on care 363 00:19:29,359 --> 00:19:32,759 Credit that pet parents can use based on their pets 364 00:19:32,880 --> 00:19:37,160 breed and age. What I like about this too, since 365 00:19:37,200 --> 00:19:40,839 it's breeded it us generally encompass his size because as 366 00:19:40,880 --> 00:19:44,759 you were mentioning you have a miniature poodle, you said, correct, yes, 367 00:19:45,000 --> 00:19:48,200 so little dogs because I used to he's in dog 368 00:19:48,200 --> 00:19:52,160 you heaven now, But how to hobbies and little dogs. 369 00:19:52,200 --> 00:19:54,440 One of the other things that little dogs are proponed 370 00:19:54,480 --> 00:19:57,839 to is his mouth problems and dental extractions are pretty 371 00:19:57,880 --> 00:20:01,920 common in smaller dogs. I think Nikki wants had to 372 00:20:01,920 --> 00:20:05,440 have like five teeth polled. It's just common different breeds. 373 00:20:05,480 --> 00:20:09,559 Some have respiration issues. So that's a great tool. How 374 00:20:09,599 --> 00:20:10,680 can people find that? 375 00:20:11,119 --> 00:20:13,680 Speaker 5: If you go to carecredit dot com and then you 376 00:20:13,799 --> 00:20:17,200 kind of link down and hit somebody veterinary, you'll see 377 00:20:17,200 --> 00:20:19,319 there's a drop down in veterinary, and then you could 378 00:20:19,519 --> 00:20:22,160 navigate the site and you'll see a lot of information 379 00:20:22,759 --> 00:20:26,119 there about you know, procedure data, costs, et cetera. 380 00:20:26,319 --> 00:20:29,640 Speaker 2: Okay, and right before the break, we were trying starting 381 00:20:29,680 --> 00:20:33,279 to get into this question, but you mentioned pet insurance. 382 00:20:33,319 --> 00:20:37,279 So what role does care credit play along with options 383 00:20:37,359 --> 00:20:41,519 like such as pet insurance in managing these unexpected expenses 384 00:20:41,680 --> 00:20:44,480 or you know, large expected expenses. 385 00:20:45,000 --> 00:20:48,799 Speaker 5: Yeah, our view is a multitude of products, you know, 386 00:20:48,880 --> 00:20:52,240 can create a good safety net to provide that optimal 387 00:20:52,319 --> 00:20:55,720 care for your pet and an optimal you know, predictability 388 00:20:55,720 --> 00:20:58,759 and support for a budget. Care Credit used to own 389 00:20:59,359 --> 00:21:03,519 pets Beast, which is one of the largest petentures in 390 00:21:03,559 --> 00:21:07,599 the United States, and and we we sold it about 391 00:21:07,640 --> 00:21:11,519 eighteen months ago, but we continue to invest as as 392 00:21:11,599 --> 00:21:14,240 part of it with a company called Independent Pet Holdings, 393 00:21:14,519 --> 00:21:17,240 and they own quite a few brands in the pet 394 00:21:17,240 --> 00:21:20,279 insurance space, so not just pets Best, but also Embraced 395 00:21:20,319 --> 00:21:24,240 Pet Insurance, Spot, Pet Insurance asp C, A A k C, 396 00:21:25,000 --> 00:21:28,799 and Pumpkin And so you know, we're very much invested 397 00:21:29,000 --> 00:21:32,200 in the pet insurance space because we know that together 398 00:21:32,359 --> 00:21:34,839 between insurance and care credit, if you have both of 399 00:21:34,880 --> 00:21:38,160 those solutions, you're really put in a great position to 400 00:21:38,160 --> 00:21:40,440 to get that optimal care for your pet and also 401 00:21:40,480 --> 00:21:44,200 the predictability and the be free of mind that that 402 00:21:44,240 --> 00:21:46,720 your that your that your pet is is going to 403 00:21:46,759 --> 00:21:50,200 be cared for. And you know, we we actually just 404 00:21:50,319 --> 00:21:54,000 launched something with Pumpkin just a few weeks ago, but 405 00:21:54,119 --> 00:21:57,559 we already had existing with Pets Best that integrates a 406 00:21:57,599 --> 00:22:00,400 little bit about the experience. And so if you go 407 00:22:00,480 --> 00:22:02,759 to the vet, because the way that pet insurance works 408 00:22:02,759 --> 00:22:05,319 now is on a reimbursement model, right, And so you 409 00:22:05,319 --> 00:22:06,759 go to the pet, you pay a bill and then 410 00:22:06,759 --> 00:22:09,119 you then you fire a claim after and your insurance 411 00:22:09,119 --> 00:22:11,160 will pay you off. But not a lot of people 412 00:22:11,240 --> 00:22:14,079 have many people do not have the money to pay 413 00:22:14,119 --> 00:22:16,160 for that bet bill at the initial time. And so 414 00:22:16,640 --> 00:22:21,720 what care Credit has partnered with Pet's Best and and 415 00:22:21,880 --> 00:22:25,160 Pumpkin is if you put the bill, if you pay 416 00:22:25,200 --> 00:22:28,759 for your your vet bill on your care Credit card UH, 417 00:22:28,799 --> 00:22:31,839 and then file your claim, your claim UH once it 418 00:22:31,880 --> 00:22:36,559 gets settled and and decisioned on, will pay off your 419 00:22:36,599 --> 00:22:38,480 care Credit bill so that you don't so that it 420 00:22:38,480 --> 00:22:41,359 pays off your promotion and removes that one step and 421 00:22:41,400 --> 00:22:44,640 you don't and you don't occur any interest by having 422 00:22:44,720 --> 00:22:47,079 it go directly and paying off that bill if it 423 00:22:47,160 --> 00:22:51,119 satisfies the entire amount. So something just to make the 424 00:22:51,200 --> 00:22:54,160 pet parents life easier in such a in such a 425 00:22:54,200 --> 00:22:57,880 busy world. And just an example some of the technology 426 00:22:57,920 --> 00:23:01,319 that we're partnering with in the industry to provide more 427 00:23:01,359 --> 00:23:03,799 tools and smarter tools for pet parents. 428 00:23:03,920 --> 00:23:06,799 Speaker 2: Okay, thank you. Let me ask you. With pet insurance, 429 00:23:07,119 --> 00:23:10,119 there's different schools of that. Some people love it, there's 430 00:23:10,240 --> 00:23:12,680 a little bit more that say, well, I don't know, 431 00:23:12,759 --> 00:23:14,640 you know, pay this out when I get a bill 432 00:23:14,680 --> 00:23:18,279 and this isn't covered, that is uncovered. It's gotten better 433 00:23:18,359 --> 00:23:20,920 over the years. I still think it has a ways 434 00:23:20,960 --> 00:23:24,079 to go. I like the fact that with what you 435 00:23:24,279 --> 00:23:27,000 just mentioned, if the bill is paid for on care credit, 436 00:23:27,000 --> 00:23:29,640 when it's reimbursed, it goes off the bill. It might 437 00:23:29,799 --> 00:23:33,519 also kind of expedite the whole process. But do you 438 00:23:33,720 --> 00:23:37,720 see improvements as much as there has been improvements in 439 00:23:37,799 --> 00:23:39,599 other areas of the pet industry. 440 00:23:39,720 --> 00:23:43,279 Speaker 5: So I think fact yes, I do think pet insurance 441 00:23:43,559 --> 00:23:46,920 is going to continue to play a role in the 442 00:23:47,079 --> 00:23:52,319 US pet industry ecosystem, and I think the role is 443 00:23:52,359 --> 00:23:54,759 going to become more important. But at this point, it's 444 00:23:54,799 --> 00:23:57,519 only four percent of pets in the US are insured, 445 00:23:57,640 --> 00:24:00,000 right and so it's still a small number. And why 446 00:24:00,039 --> 00:24:02,960 Synchrony is invested in this space is that I do 447 00:24:03,279 --> 00:24:05,640 I do know that there's an incredible amount of investment 448 00:24:05,640 --> 00:24:08,559 in technology to make that experience better, for there to 449 00:24:08,559 --> 00:24:14,720 be more transparency at the time of treatment about what 450 00:24:14,880 --> 00:24:18,279 is covered and what isn't right. And I think that's uh, 451 00:24:18,359 --> 00:24:20,720 you know, the beauty of uh to someone said the 452 00:24:21,039 --> 00:24:23,920 world that we're living in with with artificial intelligence and 453 00:24:23,960 --> 00:24:26,680 some of the real time tools that can help do that, 454 00:24:26,759 --> 00:24:29,319 and I think that's going to continue to play a role. 455 00:24:29,480 --> 00:24:32,160 But I think going back to your your question show 456 00:24:32,240 --> 00:24:37,240 is you know, pet insurance started off with not a 457 00:24:37,279 --> 00:24:39,119 great launch in the US, and I think some people 458 00:24:39,160 --> 00:24:43,720 are still a little bit you know, suspicious if you will, 459 00:24:44,200 --> 00:24:46,920 of how it works. I think the industry has done 460 00:24:46,920 --> 00:24:51,680 a good job as of late to become more not 461 00:24:51,720 --> 00:24:55,119 just more transparent, but also giving you do as the 462 00:24:55,240 --> 00:24:59,079 pet parent, the ability to customize your plan more for 463 00:24:59,119 --> 00:25:01,119 what you need. So what is the right deductible, what 464 00:25:01,200 --> 00:25:03,240 is the right co insurance? How much do you actually 465 00:25:03,240 --> 00:25:06,559 need to be insured? Because in the past, you know, 466 00:25:06,720 --> 00:25:08,319 and and a little bit what we talked about in 467 00:25:08,319 --> 00:25:10,119 the beginning, it is called we want to make sure 468 00:25:09,759 --> 00:25:14,240 our petcat's the best policy possible and have everything you 469 00:25:14,279 --> 00:25:16,599 know there and and and and the best and and 470 00:25:16,640 --> 00:25:20,000 the truth is that that the best isn't necessary the 471 00:25:20,119 --> 00:25:22,599 best for everyone. It's it's well, what works for you, 472 00:25:22,680 --> 00:25:24,960 and so how do you how do you customize it 473 00:25:25,000 --> 00:25:27,599 so that it makes sense for what you need? Right 474 00:25:27,759 --> 00:25:30,119 that if you if you're only worried about accidents, well, 475 00:25:30,200 --> 00:25:32,799 then only get an accident policy. If you're more worried 476 00:25:32,799 --> 00:25:35,759 about just illness in general, get a more traditional policy. 477 00:25:35,920 --> 00:25:37,559 And then you also have the ability to get one 478 00:25:37,599 --> 00:25:40,039 that has wellness plans and there and for someone who 479 00:25:40,279 --> 00:25:42,160 is going to be a little bit more you know, 480 00:25:42,240 --> 00:25:44,880 kind of uh involved in their in their pets health 481 00:25:44,920 --> 00:25:47,839 and and and want to have that as as as 482 00:25:47,880 --> 00:25:49,759 a tool that no matter what happens, I could get 483 00:25:49,799 --> 00:25:52,759 my couple visits a year covered. So it really is 484 00:25:52,799 --> 00:25:55,480 different depending on on the pet parent and and what's 485 00:25:55,559 --> 00:25:55,960 right for that. 486 00:25:56,240 --> 00:25:59,160 Speaker 2: Okay, thank you. We talked about this a little bit 487 00:25:59,200 --> 00:26:01,839 in the beginning of our show, but let's talk about 488 00:26:01,839 --> 00:26:05,440 it again. How can programs like care credit how pet 489 00:26:05,480 --> 00:26:10,480 owners handle large or surprising beat beells responsibly? So I 490 00:26:10,559 --> 00:26:13,400 think it's definitely worth going over and maybe a little 491 00:26:13,400 --> 00:26:15,720 more detail. We have a couple of minutes. How can 492 00:26:15,720 --> 00:26:19,559 that happen? And care Credit they can apply for They 493 00:26:19,559 --> 00:26:21,599 could do that right at the vet office as well. 494 00:26:22,599 --> 00:26:24,960 Speaker 5: Yeah, so you can apply for care credit if you 495 00:26:25,000 --> 00:26:27,039 go to care credit dot com and you know, if 496 00:26:27,079 --> 00:26:29,319 you link down and hit the vetinary link and you 497 00:26:29,319 --> 00:26:31,920 can apply for it there, or you can apply for 498 00:26:31,960 --> 00:26:36,920 it at a vetinary. Bet BET partners with care Credit, 499 00:26:36,920 --> 00:26:39,640 which I told you is about, you know, almost twenty 500 00:26:39,640 --> 00:26:42,480 eight thousand practices about eighty five percent of the vets 501 00:26:42,519 --> 00:26:45,799 in the United States. So most places have it, and 502 00:26:46,400 --> 00:26:48,720 you could apply for it either before or when you 503 00:26:48,759 --> 00:26:51,519 get to practice, just by you know, skying the QR coding, 504 00:26:51,599 --> 00:26:55,359 going through the approval process. And to answer your first 505 00:26:55,440 --> 00:27:01,319 question on how how does it help, well, it helps 506 00:27:01,359 --> 00:27:06,119 in a few ways. I think the way that I 507 00:27:06,200 --> 00:27:09,519 really value my care credit card and I'd used it 508 00:27:09,559 --> 00:27:12,359 and talking about Maddie who has got cushings on a 509 00:27:12,359 --> 00:27:16,440 Mitrobolt deficiency, is it's it's their free it's a revolving 510 00:27:16,480 --> 00:27:18,160 line of credit. It's a credit card. It's not a 511 00:27:18,240 --> 00:27:20,839 one and done loan, right, and so it's something that 512 00:27:20,920 --> 00:27:24,119 you're going to have. That is a you know, is 513 00:27:24,920 --> 00:27:28,680 a is a credit lind that that you can use 514 00:27:28,759 --> 00:27:31,119 and reuse as opposed to some of the loan products 515 00:27:31,119 --> 00:27:33,640 that we see out there. And that's particularly important in 516 00:27:33,640 --> 00:27:37,240 the vet space because chances are, you know, you either 517 00:27:37,279 --> 00:27:40,359 have multiple pets that can use that same card or 518 00:27:40,400 --> 00:27:43,240 your pet's gonna go to the vet one two, three 519 00:27:43,279 --> 00:27:45,400 times a year. It's very rare, but you know, someone 520 00:27:45,480 --> 00:27:48,359 just brings their pet wants to the vet. It also 521 00:27:48,440 --> 00:27:53,599 works in some boarding and grooming locations as well, so 522 00:27:53,640 --> 00:27:59,000 there's increased utility for that. But basically what it's a 523 00:27:59,079 --> 00:28:02,680 core product that that that we use is you know, 524 00:28:02,680 --> 00:28:06,880 a deferred interest promotion and that basically means you get 525 00:28:06,359 --> 00:28:10,119 a bill and I'll get We'll try to make a 526 00:28:10,160 --> 00:28:12,799 simple example, but you go to that and you know 527 00:28:12,880 --> 00:28:15,279 something's wrong and they need it, and you get twelve 528 00:28:15,359 --> 00:28:18,640 a bill for twelve hundred dollars. Well, you may not 529 00:28:18,720 --> 00:28:21,519 have that twelve dollars right away, twelve hundred dollars excuse meson, 530 00:28:21,559 --> 00:28:24,480 not twelve dollars, that's twelve hundred dollars right away, And 531 00:28:24,599 --> 00:28:26,880 so how do you feel about paying for it? Well, 532 00:28:26,880 --> 00:28:28,480 you could put it, like you said, maybe on a 533 00:28:28,480 --> 00:28:31,160 normal credit card, or maybe you can write a check, 534 00:28:31,240 --> 00:28:33,640 or you can you can ask friends or something like that. 535 00:28:34,000 --> 00:28:36,759 But if you have the Care credit card or apply 536 00:28:36,880 --> 00:28:38,960 for the Care credit card at that time and get approved, 537 00:28:40,039 --> 00:28:42,200 you can put it on a on a promotion, which 538 00:28:42,519 --> 00:28:43,960 let's say you're you're able to put it on a 539 00:28:44,000 --> 00:28:48,920 twelve month promotion. At that point, it'll it'll, it'll, it'll, 540 00:28:48,960 --> 00:28:51,839 it'll take the monthly payment over twelve months, and so 541 00:28:51,880 --> 00:28:55,160 you'll only owe one hundred dollars a month, which is 542 00:28:55,200 --> 00:28:57,920 a lot more manageable than twelve hundred dollars right away. 543 00:28:58,200 --> 00:29:00,640 And as long as you're making that month flee payment 544 00:29:01,759 --> 00:29:05,400 throughout the throughout the time, there's no interest, so you're 545 00:29:05,440 --> 00:29:07,839 you're benefiting from no interest and you're just paying the 546 00:29:07,880 --> 00:29:10,640 true amount of what that BET bill is. And that's 547 00:29:10,680 --> 00:29:14,799 a great flexible tool to really help you care for 548 00:29:14,839 --> 00:29:17,480 your pad. And it's not just limited to one expense. 549 00:29:17,559 --> 00:29:18,880 You can you know, let's say you have this twelve 550 00:29:18,960 --> 00:29:21,480 undred dollar bill and then you know, you go back 551 00:29:21,519 --> 00:29:23,920 and you have a follow up appointment and everything back 552 00:29:24,000 --> 00:29:25,960 hopefully is going well, but you have another six hundred 553 00:29:26,000 --> 00:29:28,400 dollars bill that you know, as a result of it, 554 00:29:29,200 --> 00:29:30,880 you could put that also on a on a six 555 00:29:30,920 --> 00:29:33,599 month promotion, say and and and have multiple things going. 556 00:29:33,680 --> 00:29:37,119 So it's really giving you that peace of mind that 557 00:29:37,319 --> 00:29:41,200 you have that card in case something happens or at 558 00:29:41,200 --> 00:29:42,960 the last minute if you don't have it, being able 559 00:29:43,039 --> 00:29:45,400 to apply for it, and then being able to afford 560 00:29:45,400 --> 00:29:46,480 it and pay over time. 561 00:29:46,640 --> 00:29:49,839 Speaker 2: Okay, thank you. That is a great explanation. Quick question 562 00:29:50,279 --> 00:29:53,920 as far as the monthly determined program, would that be 563 00:29:53,960 --> 00:29:57,880 based on someone's credit perhaps or the amount. 564 00:29:57,799 --> 00:30:01,480 Speaker 5: Your approval will be based on on your credit so 565 00:30:01,680 --> 00:30:03,680 you know it'll be a soft credit check. It won't 566 00:30:03,720 --> 00:30:05,279 be a hard credit check at first, so when you 567 00:30:05,319 --> 00:30:08,200 apply for care credit, it'll be a soft credit check 568 00:30:08,240 --> 00:30:11,319 so it won't impact your your credit scores. Then if 569 00:30:11,359 --> 00:30:14,000 you get approved, there's usually a place where you put 570 00:30:14,039 --> 00:30:17,559 in what your requested amount is and then depending on 571 00:30:17,920 --> 00:30:21,319 you know, the the underwriting of a system, it'll it'll 572 00:30:21,359 --> 00:30:24,519 it'll give you, you know, hopefully the amount that you requested, 573 00:30:24,640 --> 00:30:28,599 perhaps even more, and that's that's based on your credit correct. 574 00:30:28,799 --> 00:30:32,640 Speaker 2: Okay, wonderful, Jonathan, thank you. This has been so informative 575 00:30:32,640 --> 00:30:34,799 and I think it's going to be helpful for many 576 00:30:34,960 --> 00:30:38,599 many of our pet parent listeners. Where again can people 577 00:30:38,680 --> 00:30:40,240 find out more about care credit. 578 00:30:40,480 --> 00:30:42,720 Speaker 5: Care credit dot Com is the best place to do that, 579 00:30:43,240 --> 00:30:45,960 and go to the pet health or veterinary health kind 580 00:30:46,000 --> 00:30:47,640 of drop down and you can learn more. And then 581 00:30:47,640 --> 00:30:51,160 there's all those other tools that we talked about education 582 00:30:51,359 --> 00:30:54,839 podcasts that we have, you know, vets that can also 583 00:30:54,920 --> 00:30:58,240 give advice on budgeting and techniques. And then the last 584 00:30:58,240 --> 00:31:00,359 thing I would say is it's also at your so 585 00:31:00,400 --> 00:31:02,559 you can apply at the vet. If you don't have 586 00:31:02,640 --> 00:31:04,880 the cart before you just asked them about it. They'll 587 00:31:05,039 --> 00:31:07,000 probably give you a QR code to scan. You can 588 00:31:07,039 --> 00:31:09,680 apply there. But either one of those places is a 589 00:31:09,720 --> 00:31:10,720 great price to learn more. 590 00:31:10,880 --> 00:31:13,720 Speaker 2: Okay, wonderful. Thank you again so much for coming on 591 00:31:13,839 --> 00:31:14,880 Best Bets for Pets. 592 00:31:15,119 --> 00:31:17,119 Speaker 5: Always a pleasure. Thank you for doing what you're doing. 593 00:31:17,480 --> 00:31:21,119 Speaker 2: I hope everyone enjoyed this show. I sure did you know. 594 00:31:21,319 --> 00:31:24,400 It's so important to take great care of our pets, 595 00:31:24,400 --> 00:31:28,119 but those unexpected bills can be a surprise. I've used 596 00:31:28,160 --> 00:31:30,759 care credit in the past. It is a great tool. 597 00:31:31,079 --> 00:31:35,440 I want to thank my guests today. Jonathan Waymnberg. He 598 00:31:35,759 --> 00:31:38,640 is in the Pet division of care credit. Thank you 599 00:31:38,720 --> 00:31:41,319 so much Jonathan for coming on Best Bets for Pets. 600 00:31:41,720 --> 00:31:45,680 Thanks to my pet crew who they taught me what 601 00:31:45,839 --> 00:31:48,119 care credit was. It was a big bet though with 602 00:31:48,480 --> 00:31:51,960 mister Dennis many many many many years ago, but oh 603 00:31:52,119 --> 00:31:55,039 so worth it. So thank you Dennis, Charlotte and Molly. 604 00:31:55,319 --> 00:31:58,640 Thank you to everyone listening to Best Bets for Pets. 605 00:31:58,799 --> 00:32:01,839 I appreciate it so much much. I hope this helps 606 00:32:01,880 --> 00:32:06,680 you in budgeting in financial care for your pets. And 607 00:32:06,799 --> 00:32:09,720 of course the show would not be the same without 608 00:32:09,799 --> 00:32:13,000 my wonderful producer, Mark Winter. Thank you so much, Mark 609 00:32:13,359 --> 00:32:16,720 for all you do to make our shows sound amazing. 610 00:32:17,200 --> 00:32:20,519 And hey, keep listening because you never know what love next. 611 00:32:20,599 --> 00:32:22,200 Non Best Bets for Pets 612 00:32:22,720 --> 00:32:27,799 Speaker 4: Let's Talk Pets every week on demand only on Petlifradio 613 00:32:28,079 --> 00:32:39,240 dot com.