In 2016, U.S. consumers spent a staggering $66.7 billion on pet industry expenditures, with veterinary care accounting for $15.95 billion, according to the American Pet Products Association (APPA). For veterinary offices, providing quality care at rates that satisfy both providers and clients remains a top priority. As veterinary costs and households with companion animals continue to rise, the CrossCheck editorial team decided to delve into the fine print of CareCredit.
In addition to veterinary care — projected to hit $16.62 billion for 2017 — consumers collectively spent $14.71 billion on companion animal medical supplies and over the counter medicine in 2016, APPA reports. Unforeseen costs such as an injury or medical diagnosis and routine costs can cause clients to experience difficulties when funding critical care for companion animals.Read More