Dentist bills are usually very high and often cause patients major financial problems. This often leads to the fact that necessary dental measures are (or can be) not even taken. Credits and special loans can be a remedy. What financing options are available and what do you need to look out for in such special loans?

The correct care of the teeth is not only important for optical reasons. General health is also closely related to the condition of the teeth. Nevertheless, sooner or later it affects every consumer: the dentist sees a need for action. If small fillings can still be financed with normal income, more and more patients need a loan for dental prostheses to finance more complex treatments. A look at the development of health insurance benefits is enough to explain the increasing demand. The statutory health insurers (SHI) have been paying less and less for treatments for years. This applies equally to dental prostheses as well as measures against periodontosis or the production of inlays, onlays, etc. Not every insurer even covers the costs of professional dental cleaning.

Not only statutory insurers are reducing their subsidies

In the case of the SHI system, this is due to the decisions of the legislator, while the providers in the private health insurance sector were guided by legal requirements. Even if you have taken out a private supplementary dental insurance, it will quickly become very expensive if you need more. The fact that many insured persons are looking for a loan for dental prostheses to cover the costs of dental prostheses is also due to increased costs for materials, working time and modern technologies for treatment and production. Those who do not want to make do with amalgam, which is the subject of criticism, already have to pay 100 GBP or more for fillings. Supplementary insurances usually contribute to the costs, taking into account the benefits of normal health insurance. If the GKV does not pay anything, the additional insurer also refuses to share the costs.

Dentures have many facets – from fillings to full dentures

This in turn is not only a real problem for so-called low-income earners. The need for dental prostheses is also a noticeable burden on employed persons, pensioners and the self-employed with higher incomes. Especially when there is an unforeseeable need, solutions are rare. The only thing that remains is to apply for a loan for dental prostheses. loans cover expenses such as the following:

  • Fillings off the books
  • Bridges
  • Prostheses
  • the inlays and onlays mentioned
  • crowns
  • Implants
  • Splints, braces and similar products for correcting teeth

Since loans for dental prostheses are in most cases typical installment loans in terms of their form, the general fees can also be covered by the treatment and cost plan via financing. Even a single implant including the attachment quickly costs a few thousand GBP. The same applies to bridges and partial or full dentures. Crowns also cause costs of up to 1,500 GBP even in the “cash version”. If a bone augmentation is required for the insertion of dental implants, invoices can rise again by 2,000 GBP or more. We do not include health insurance services in the prices quoted.

Dentists and partner service providers enable loans for dental prostheses

There is a special case that can come into play in the settlement of treatment and dental prosthesis costs. The majority of orthodontists and dentists today cooperate with special billing service providers. These take over the preparation of invoices in the dental and orthodontic field, thus relieving the burden on dentists – not only for purely private medical services outside the catalogue of standard care. In many cases, the billing services today allow payment in instalments. In some cases, these repayments are even offered interest-free over a certain period of time. Only after six or 12 months will interest be charged for longer repayment periods. Anyone considering financing for dental prostheses should check at an early stage what costs are incurred by a loan. This is because interest rates are often in the range of an overdraft facility, and in some cases the effective annual interest rate goes even higher.

The right rate and duration is what counts

For example, it may be advisable to look for a cheaper installment credit option in the loan comparison instead of financing via the doctor’s partner service. The objective loan calculator quickly provides a reliable picture of all the important factors for taking out a loan. As usual, the interest costs during the repayment phase are only one aspect if you need loans for dental prostheses.

Important criteria are still:

  • Repayment extras such as optional early special and full repayments
  • the possibility of deferring or adjusting the monthly instalment
  • the duration
  • an increase option

The option of topping up is helpful if further treatments become necessary in the near future. It is also possible that costs in excess of the cost estimate may arise during treatment.

Financing is only used to cover the costs of the dentist

The billing services of dentists often prove to be flexible in this respect. In the case of a standard instalment loan, however, borrowers should perhaps allow for a little extra leeway in their own interests so that unexpectedly higher dental prosthesis costs do not become a major problem. This is because taking out a loan leads to reporting to the Agency (UK credit investigation agency) and thus usually has an influence on creditworthiness. Those who need more money because of complications during treatment may not receive another loan because of the credit rating score. Therefore, the first loan for dental prostheses should cover the entire package. If you anticipate further expenses elsewhere (new washing machine, car repairs, etc.) at an early stage, you should include this in your initial contract as a precaution. If you take out a loan from the dentist and his or her financier, you will, as expected, only cover treatment and material costs that actually arise. It is therefore a loan for a specific purpose.

Special option: the individual payment plan

Loans, which include not only the dentist’s bill but also other expenses, can only be obtained as an installment loan without earmarking and therefore from a bank. The (dental) medical computer centres naturally only grant financing in connection with dental prostheses and treatments. With many service providers, you as a patient can now set up payment plans quite unbureaucratically. This is often even possible without contacting customer service with access data for the service providers’ websites. In some cases, the billing services even dispense with a credit check. However, the higher the financing sums, the more likely it is that you will have to present proof of income such as tax assessment notices and bank statements. After all, larger measures quickly result in five-figure costs – after deduction of subsidies from statutory or private health insurance.

Short communication channels with a dentist’s loan

Borrowing from the treating physician and his financing partners is in fact very easy. After signing a power of attorney or an application, the treating physician usually takes care of the further necessary measures with his financing partner. However, it is worthwhile to bring in existing equity capital and not to let the sums for dental prosthesis loans get out of hand unnecessarily. It is true, however, that financing gives patients the chance to use better materials. Dental prosthesis concepts that go beyond standard care often have a number of advantages. One aspect is the more attractive appearance. In addition, high-quality modern components are often better tolerated. According to experts, extra expenditure is also worthwhile with regard to the service life of the products.

Keep an eye out for “free” dental prosthesis offers

Finally, we would like to emphasize one aspect again. A supposed zero percent financing through the dentist’s partner bank should first be met with healthy scepticism, as with comparable loans from the trade. If you are planning repayments over a few months, interest may not be charged. However, you should compare offers with normal consumer loans for terms of more than half a year or a whole year at the latest. Especially if a small loan of a few thousand GBP is enough to pay for dental prostheses and treatment costs, you can get money from banks quickly and cheaply. If partner banks of the dentist actually allow financing with short terms free of interest and fees, this is a particularly convenient solution as a loan for dental prosthesis related costs. Ideally, a signature at the dentist’s office without the need for time-consuming filling out of applications is all that is needed to benefit from such financing.

No possibility to compare the loan through the doctor

But there is still a catch with the credit from the dentist. Here you have only one option, because doctors usually cooperate with a fixed financier. In a normal credit comparison, you have the choice between several providers if you have sufficient creditworthiness and a fixed income. As soon as you need to take advantage of longer interest-bearing terms, you should therefore shortlist all the possibilities on the credit market without exception. Otherwise, it applies here and there that a shorter term is always the cheaper choice. Provided that it suits your income situation and the other running costs. So you should always think about the monthly fixed costs. Even if it has to be done very quickly with dentures. In the meantime, if you are well prepared, there are only a few days between the application for a dental prosthesis loan and the payment of the loan.