Very few people like to visit a dentist. Dental treatment often has to be carried out, which is not only unpleasant, but also very expensive. Implants in particular cost a lot of money. Health insurance companies only pay a small part of the costs and in some cases nothing at all.
Then the patient has to pay for the implants out of his own pocket and it is not uncommon for the bills to amount to several hundred USD. However, not everyone can afford such a necessary treatment, so many think about a loan for dental implants. This can be applied for in different places so that the treatment does not have to be delayed too long.
Apply for a loan from the dentist
Not many know that it is often possible to get a loan from a dentist. It is not the dentist who grants the patient a loan, but the bank that works with the dentist. Before the treatment, you should clarify whether this is also possible with your own dentist. The dentist draws up a cost estimate for his bank and submits an offer to the patient.
Here, the creditworthiness of the patient or the customer is checked as with the house bank. If the creditworthiness is given, a loan can be taken out. The money is then transferred directly from the bank to the dentist, so that the borrower only has to repay the loan for dental implants.
Credit with your own bank
The offers of banks that work with the dentist are not always cheap. You can also ask your own bank to get a credit for dental implants. They usually grant a loan very easily, so that treatment can be started quickly.
The loan is then often only a small loan, since the sum rarely exceeds 5,000 USD. However, the bank can also reject an application, especially if the applicant has no income. In such a case, treatment either has to be waived or the patient asks the family whether they could borrow a certain amount.
What requirements should the applicant have?
Since the loan for dental implants is often only a small loan, the bank does not make many demands. Many banks are already satisfied with a regular income that is above the garnishment allowance. However, some banks can also request credit bureau information, so that these applications take a little longer to process.
The applicant must be of legal age to allow the bank to grant a loan. If this is not the case, the parents’ signature can help convince the bank to lend. Once the loan application has been approved, the money will be transferred to the account within a few days.