Dental Loans: What You Should Know Before Getting One


Susan Kelly

Mar 06, 2022

Before you even think about how you're going to pay for your visit, going to the dentist can be a terrifying experience. Even if you have dental insurance, you may still be responsible for certain charges because most plans have an annual benefit cap (typically $1,000 to $2,000) that the carrier will pay out.

If you need any serious dentistry work done—especially if it's been a while—common it's to exceed these restrictions and be responsible for the rest of the bill. As a result, many consumers are put off by the prohibitive cost of health care.

Dental Loans: What Are They?

Personal loans for dental work are an uncommon breed. Medical loans, another sort of personal loan that can be used to pay for medical expenses, are their distant cousins.

Personal loans can be used for a wide range of purposes, but many lenders now offer dental-specific loans for those in need. If you're looking for a way to pay for a dental procedure, a dental loan may be a better option than a standard personal loan.

Unsecured dental loans are not backed by collateral that the lender can take back if you fail to repay the debt. Since auto loans are secured loans, the lender can repossess and take back your automobile in the event of nonpayment—but they can't do the same with your teeth.

Dentist Loans: How to Apply

To get a dental loan, you can do one of several things. Financing options are available from most dentists, but this is especially true for those specializing in cosmetic dentistry.

The dentist may have an in-house financing plan or work with a lender with whom they've established a relationship. Find out if your dental office has any payment options available by contacting them.

Third-party lenders may potentially be able to help you get a dental loan. Online lenders, banks, and credit unions are good places to look for dental work financing. You may be able to save money elsewhere, even if your dentist's clinic offers in-house financing.

There is nothing wrong with inputting your Social Security number, name, address, and other personal information while you're shopping around for a new policy.

Just make sure that the lender conducts a soft credit check, which will not harm your credit rating. So that they can provide you with a better deal, they will go through this prequalification process.

Dental Loan Alternatives

When deciding how to pay for dental work, it's a good idea to investigate if there are ways to reduce or alleviate the expense first.


Ask your dental office if they provide in-house financing for expensive procedures, as certain dental clinics may offer customized rates based on your situation. With low or no interest rates, you may save a lot of money with these installment loans.

Health Care Credit Cards

A medical credit card could also help you save money on interest. It's common for doctors and dentists to offer unique financing options like 0% interest for some time on medical credit cards, which are intended to cover medical and dental costs. Visit a credit card company's website to discover more about medical credit cards.

Dental Schools

Several dental schools offer discounted dental care to the general public. Still, it can take some time to get in, as these institutions typically have a high demand for their dental services. Check with your local dental school to see whether they provide these services.

Shop Around

Shop around and find a trustworthy dentist you can trust who can perform the work at a cheaper cost. Your dentist may be willing, but it's not guaranteed, to give you a discount on your bill. Asking a question is never a bad idea.

Bad Credit Dental Financing

With a little effort, you may be able to secure financing from a lender even if your credit is less than excellent. Follow these three steps if you're having trouble getting dental financing because of your negative credit.

Check Your Credit Reports

Check your credit reports at least once a year for mistakes that could affect your credit score. allows you to examine your credit reports from Experian, Equifax, and TransUnion once a year, as federal law mandates.

Until April 20, 2022, you will be able to access each report for free once per week due to Covid-19. Make sure to look for any anomalies or improper past due or defaulted accounts while reviewing your reports.

Dispute any mistakes you find on your credit report with each credit bureaus or the creditor that reported the information to the credit bureaus.

Improve Your Credit by Taking Action.

It is possible to improve your credit score before applying for a dental loan if the dental work is not urgent. Keep up with all of your payments and try to get out of debt if you can.

Having a good credit score might help you get a better interest rate, lowering your borrowing costs.


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