Financing Options for Dental Work: Exploring Your Choices

While going to the dentist is essential, just one visit or procedure can cost you hundreds or even thousands of dollars — especially if you don’t have dental insurance. The good news is that there are options for dental financing that might help you get the dental work you need to keep your teeth and gums healthy.

What is Dental Financing?

Dental financing refers to the various methods and resources available for individuals to pay for dental procedures and treatments. It can make it easier for individuals to afford necessary dental work without having to pay the full amount upfront.

Best Financing Options for Dental Procedures

When it comes to financing options for dental work, there are several choices available. Here are some of the best options:

1. SoFi

SoFi offers personal loans that are ideal for expensive dental procedures. With competitive interest rates and flexible repayment terms, it can be a suitable choice for those looking for financing options for major dental treatments.

2. Upgrade

Upgrade provides loans specifically designed for small dental procedures. It offers quick and easy loan approval, making it a convenient option for individuals who require immediate dental care.

3. OneMain Financial

OneMain Financial specializes in loans for individuals with less-than-perfect credit. If you have a lower credit score, this could be an excellent option for financing your dental procedures.

4. LightStream

LightStream is a great choice for emergency dental procedures. It provides fast funding with competitive interest rates, ensuring you can receive the necessary dental care without delay.

Paying Your Dentist in Installments

Many dental offices offer the option to pay for your dental work in installments. This can help make the cost more manageable and affordable, especially for more extensive treatments. However, it's essential to check with your dentist or dental office to see if this option is available and what the specific terms and conditions are.

Exploring Alternative Dental Financing Options

In addition to traditional loans, there are alternative dental financing options worth considering:

• Grain app: Offers small lines of credit with no interest for dental procedures.
• Cleo app: Provides small cash advances for members in need of immediate dental care.
• BMO Harris personal loan: Offers small loans with broad usage, including dental expenses.
• Axos Bank personal loan: Provides same-day funding and a streamlined application process.
• Chime loan: Offers instant loans and early paycheck access, making it convenient for dental financing.

Understanding Dental Credit Cards

CareCredit is a popular dental credit card that offers special financing for dental procedures, including dental implants, tooth repair, and a variety of other treatments. It provides a healthcare credit card specifically designed for dental care financing.

Comparing Dental Loans

When considering dental financing options, it's essential to compare different loans to find the best fit for your needs. Factors to consider include interest rates, repayment terms, loan amounts, and credit score requirements. NerdWallet provides a comprehensive comparison of dental loans to help you make an informed decision.

Frequently Asked Questions about Dental Financing

1. What types of dental financing are available?

There are various types of dental financing available, including personal loans, dental credit cards, and in-house financing offered by dental offices.

2. Will my application affect my credit score?

Applying for dental financing may result in a hard inquiry on your credit report, which can slightly impact your credit score. However, responsible repayment can positively impact your credit in the long run.

3. What credit score is needed for dental financing?

The credit score requirements for dental financing vary depending on the lender. Some lenders may offer options for individuals with lower credit scores, while others require a higher credit score for approval.

Conclusion

Don't let the cost of dental work prevent you from receiving the care you need. Explore the various financing options available, such as personal loans, dental credit cards, and installment plans offered by dental offices. By taking advantage of these options, you can prioritize your oral health and maintain a healthy smile for years to come.