Guaranteed Dental and Orthodontic Financing – Dental Loans for Bad Credit
Dental loans are a type of financing that allow you to pay for dental care, including expensive procedures like braces, crowns, implants, or cosmetic treatments, over an extended period rather than all at once.
They work similarly to medical loans or lines of credit to make paying dental costs more affordable for uninsured patients, those with no dental insurance, or patients with insurance that does not cover certain treatments.
How Do Dental Loans Work?
Dental lending companies like Experian or Funded Justice offer fixed-term installment loan contracts that supply a lump sum of funds, often between $1,000 up to $50,000, sent directly to your dental office to cover your selected procedures. You then repay this principal amount plus any interest to the lender in equal monthly payments over a set repayment term, typically spanning several years.
When applying for dental financing, patients first choose a dental provider and treatment plan. Patients or the dental office submits the treatment cost estimate to lenders to apply for funding eligibility and the best loan terms aligned with the applicant’s budget and needs.
Once approved, funds get dispensed to the dentist and patient repayments get structured into predictable installments until the loan balance is satisfied. Many dental lending companies offer prequalification and instant decisions to support accessing financing easily and quickly. They work directly with dental practices to streamline loan-based payment processing.
Getting the Smile You Deserve: Financing Options for Dental Work
For many people, affording expensive dental treatments like braces, implants, or cosmetic procedures can be challenging. Dental loans provide a way to finance these costs over time by spreading payments out. With the right financing plan, you can get the smile you want now and pay gradually as you undergo treatment.
When exploring dental loans, there are several top-rated lending companies to consider first due to their attractive rates, flexible terms, simple eligibility, and funds disbursed directly to your provider:
Compacom Dental Loans
Compacom stands out by prequalifying applicants first to identify affordable monthly payments before completing full applications. Once approved, loan funds up to $50,000 go straight to your dentist. Compacom offers network plans with no hidden fees and partnerships with leading dental care providers.
Tribal Installment Loans
Specializing in connecting consumers with tribal lenders, Tribal Installment Loans arranges dental financing that adheres to fair lending practices. Available even for low credit scores, funds up to $25,000 get dispensed conveniently through your dental office.
Additional Leading Dental Loan Providers:
- Springstone Patient Financing – Fixed-term dental loans up to 60 months with competitive, transparent rates.
- Capital One Healthcare Finance – An established bank lender offering predictable payments.
- CareCredit – Well-known medical credit line for healthcare, including dental, approved rapidly.
- LendingUSA – Connects applicants to dental financing lenders offering fast funding.
What to Look for in Dental Loan Companies
When evaluating lenders for orthodontic or other dental financing, ideal companies offer:
- Instant prequalification and rate quotes
- Funds issued directly to dental providers
- Array of loan term lengths and repayment structures
- Competitive interest rates for those with all credit profiles
- Quick application-to-funding turnarounds
- Clear explanations of all rates, fees, terms and conditions
- Responsive customer support
Seeking dental loans through reputable specialized companies can help take the bite out of covering your smile goals. Compare deals thoroughly and ensure full comfort with all policies before committing.
How to Apply for a Dental Loan
- Get a treatment plan and cost estimate from your dentist for the necessary procedures.
- Research dental lending companies and compare interest rates and loan terms like durations, fees, discounts, etc.
- Check loan eligibility requirements for credit scores, income, and other qualifications.
- Select the best loan option and start the application, either on the lender’s website or through your dentist’s office.
- Provide personal information for yourself and any cosigners if you don’t meet approval requirements on your own.
- Sign e-documents once approved to secure financing and have funds distributed directly to your dentist.
Dental Financing for Bad Credit
Those with poor credit still have options, including:
- Secured dental loans backed by eligible collateral
- Cosigner dental loans supported by a creditworthy applicant
- Subprime dental loan companies focused on fair lending
- Dentist office payment plans allowing in-house financing
Alternative Dental Financing If loans don’t work, consider:
- Using a healthcare credit card with a 12+ month 0% APR intro period
- Borrowing from 401k/IRA retirement accounts without penalties
- Payment plans directly through your dentist office
- Dental schools that offer reduced-cost procedures
- Dental savings plans and discounted dental Procedure packages
With multiple financing avenues available, weigh all options to find the right fit based on your budget, credit situation, and treatment needs.
