Dental Financing with Bad Credit. How to Cover Dental Expenses?

Dental Financing with Bad Credit. How to Cover Dental Expenses?

Updated: January 9, 2023

10 Min Read

Table of Content

What is Dental Financing?
Can I Get Dental Financing with Bad Credit?
Bad Credit Dental Loans
Bad Credit Payment Plans
No Credit Check Dental Financing
How To Pay For Dental Work With Bad Credit?
What Are The Benefits Of Dental Financing?
Things To Keep In Mind Before Choosing Dental Payment Plans For Bad Credit
Alternatives to Dental Financing

The scariest thing when we were kids was going to a dentist. Being an adult, the terrifying thing is a bill from dental procedures. Why? Because it can reach thousands of dollars. An American spends, on average, $2.560 on dental procedures. The complexity of the work required justifies the value, 7 out of 10 patients needing laborious dental services and complete dental restoration in one in ten cases. In this context, it is not surprising that the lack of money is a common reason for postponing the visit to a dentist.

What if your insurance can’t cover the dental bill and need too much money to get rid of the tooth pain? Borrowing from family members or friends would make you look desperate. And bad credit score stops you from going to a traditional bank. Is there a light at the end of the tunnel? Of course! Let’s discover modern dental financing options and assess your chances to get dental loans with bad credit.

What is Dental Financing?

Dental financing is the process of borrowing money to pay for dental procedures. It means making monthly payments till paying all the loan debts. This financing is provided if your dental insurance can’t cover all the procedures’ costs at the dentist.

In these situations, dental loans are the perfect solution. Unfortunately, not all institutions are ready to work with people with poor borrowing histories. However, you may rely on online lenders, in-house financing, or credit card issuers. All of these financing options will help you pay for major dental procedures just in one business day.

Can I Get Dental Financing with Bad Credit?

Getting a dental loan with a bad credit rating may be challenging. Usually, institutions that provide personal loans and credit cards perform hard credit checks through major credit bureaus. These detailed credit verification may affect your credit report.

Plus, bad credit means that you’ll get a substantially higher interest rate for dental loans. So, before requesting a dental loan, know that an excellent score is considered 850 and a low credit rating is 580. If traditional financial institutions deny your request, almost every dental clinic should have an in-house financing option for people with bad credit.

Bad Credit Dental Loans

The first thing you should know is that bad credit dental loans have low approval odds if clients’ credit reports contain delinquencies, late payments, or other damaging marks. But you can increase your chances of getting approval following these tips:

Assess your credit profile before other companies will do it. Many companies may provide you with all the information about your credit background without damaging it. Try NationalCreditReport.COM to check your credit rating. It is free, online, and 100% safe.

Opt for subprime lenders. They work with consumers with bad credit and may provide you even a personal loan.

Try to find alternative financing if your dental insurance can’t finance dental work, such as regular dental checkups and cosmetic dental procedures like teeth whitening.

We will discuss all the available options for dental work financing in the following paragraphs.

Bad Credit Payment Plans

dental loans for bad credit

Paying for a dental procedure is difficult when having a poor credit history. But there is good news: dentists offer payment plans for dental care. These dental payment plans are financing programs that consist of a monthly payment and are interest-free.

More than that, some dentists may offer you an in-house payment plan that will cover the dental treatment. But some of them provide these dental loans through third-party lenders. So, there are chances that you’ll be stuck with a single lender who may have strict credit approval requirements.

No Credit Check Dental Financing

Most traditional financing companies provide hard credit verifications to assess your affordability. Learn that you’ll get only small financial help without a hard credit check. Companies use alternative data to verify you and are very cautious lending you large amounts.

If opting for a no credit check dental financing, you’ll find the following obstacles:

  • Large down payment requirements (30% – 50% out the total cost of loan sum), plus an 8% origination fee.
  • Small borrowing limits (only up to $2,000).

But there is always a hidden solution to get suitable dental loans. Direct lending companies may provide you with no credit check loans with reasonable interest charges, origination fees, and no down payments.

How To Pay For Dental Work With Bad Credit?

As we said before, it may be challenging for you to get a personal loan to pay for dental work, especially if it has a down payment. Americans make dental visits almost every month if dental problems present an emergency. So, here we’ve listed other options for people with bad credit scores. If you are among them and need a cheap dental loan, check the opportunities and see what better suits your dental health needs.

Interest-Free Credit Cards

Sure thing, you can also rely on a credit card with zero interest rates for an introductory period and balance transfers when paying for dental work. According to UpGradePoints.Com, approximately 87% of Americans have credit cards that help them pay for different goods and services. This financial tool is widespread among consumers who want to avoid cash and pay electronically for everything, including dental costs.

Medical Credit Cards

A medical credit card is very similar to a regular credit card, but people can use it only for healthcare. Consumers may pay a qualified healthcare provider on time, and after that, they will owe a credit card issuer and make monthly payments to them.

Also, medical credit cards are available with a certain period of deferred interest. If the consumer can repay the debt within the delayed period, they may avoid paying the charged interest. But if they don’t manage to pay it off on time, the borrower has to pay all the interest rates from the beginning of the loan. In that case, the total interest may reach a more considerable amount than expected. So, before applying for a medical credit card to pay for your medical treatments, make sure it is the right option for your budget.

Unsecured Personal Loans

Unsecured personal installment loans are among the most famous financial products available for people with low credit scores. As most of the borrowers know, secured loans with monthly installments require collateral and have a hard approval rate that takes several business days. It may be a vehicle, real estate, or other valuable objects. Being a secured financial product, a personal loan for 500 credit score has a lower annual fee than an unsecured one. If you can’t present valuable collateral, need dental implants financing, and want to save money, consider an unsecured installment loan that doesn’t require personal possessions to be used. This financing option will have a higher interest rate, but it is worth to be taken thanks to its fast funding and almost instant loan approval decision.

Online Lenders

And the last but not the less reliable option is online lenders – alternative financial companies that provide short-term loan services and are ready to work with clients who need money for dental treatment. Usually, online lenders are not, so credit demanding as traditional financial institutions. They perform only a soft credit check that doesn’t affect the FICO score of borrowers. The maximum loan amounts vary based on state laws, income, or other information about your employment. The average cost of dental loans from online direct lenders ranges from $10 to $30 for every $100 borrowed. The main advantage of direct loan providers is that you can use their loans for medical expenses and other emergencies.

What Are The Benefits Of Dental Financing?

benefits of dental financing

If you can’t decide on getting financing for your dental bills, see the list of its main benefits:

  • It has a low-cost equated monthly installment that can fit your monthly income.
  • It covers almost all the expenses for financing dental procedures.
  • It can help you keep your savings for non-medical purposes.
  • It is approved within 24 hours, and you may access the amount instantly.

Things To Keep In Mind Before Choosing Dental Payment Plans For Bad Credit

Don’t be a risky borrower and think twice before applying for this financing. These are our tips for helping you make an entirely informed decision:

  • Pay all your dues if you have other outstanding loans.
  • Don’t issue a new credit card if you already have one for the same goods or services.
  • Take a joint loan if you have a trusted co-borrower.
  • Choose EMI (equated monthly installment) option.

Alternatives to Dental Financing

If you don’t want to borrow from specialized financial institutions, check our tips for finding a viable alternative to pay for your dental health care.

Opt For Less Expensive Dental Care

We always suggest our community members check all the available options for financing. An informed consumer means a saved budget. That is why we advise you to think twice and shop for less costly dental care. For example, you can find a dental school that provides cheaper dental services. Future dentists are supervised by already qualified specialists. This option will work for people with a challenging budget.

Adjust Your Bill

Dental care doesn’t have a stable price. It can be your salvation if you have time to do cost research regarding the average costs of your dental expenses before accepting treatment. If your dentist’s prices are higher, try to discuss the average market prices. Plus, you can always demand discounts.

If one dentist may give you a significant discount, consider you are the luckiest patient. For example, the treatment of infected root canals may cost you more than you thought. In this case, a slight discount from the dentist may help decrease your medical bill. So, don’t be shy to demand your rights.

Tax Break

If you can’t afford to pay for your dental treatment, you can always request a tax deduction for it. American tax law allows consumers to deduct their taxable income for certain dental costs. It is possible only if it exceeds a certain percentage of their gross income per year.

Ask Family Members And Friends For Help

Even if you can’t build good credit and most options don’t work for you, try to speak with a family member ready to help you pay for your dental bill. Borrowing from friends or relatives may be technically much easier compared to the traditional option of getting financial aid. Remember that asking for money from family members and not paying on time may damage your relationships and make you look dishonest.

Opinions Expressed

With 35 years of financial experience, Art Wiederman is director of dental practices for Eide Bailly, one of the nation’s leading CPA companies. Wiederman provides various financial services, including accounting, tax and financial planning, retirement planning, and financial practice management. In the context of dental financing, he says that a small budget should not be an obstacle to solving dental problems or getting the smile you dreamt of.

Out of concern for patients, dental clinics offer the best treatment and financing solutions together with the companies that offer the best dental loans so that you do not have to make special financial efforts. These solutions are straightforward to access, being available for each patient with any type of FICO score.


  1. Will My Dental Financing Cover The Procedures I Need?

    Sure, if you assess precisely the correct sum, you need to pay for them. We always suggest our clients think twice before choosing the loan amount. Opt for specific financing that won’t get you into a debt cycle.

  2. Doesn’t My Dental Insurance Cover This?

    Consumers who have dental insurance based on employment think it will cover the significant dental procedures bills. But the reality is different. These insurance policies don’t cover emergency dental care or procedures that weren’t approved beforehand by their underwriting department. Also, dental insurances have specific plans which contain a list of covered or uncovered procedures. An insurance company may reject your request because of an inappropriate payment plan, specific dental procedures (some of them don’t cover cosmetic dental works), or a lack of authorization from the dental providers. If you want to use your medical insurance, make sure you choose the right plan and the needed amount to be covered.

  3. Can You Finance Dental Procedures?

    1FirstCashAdvance is not a financing company that can provide you with money. But we are here to connect you with thousands of direct lenders ready to help you in this matter. You don’t need approval from your dentist and there is no third party involved in the borrowing process. Just go through the easy application process, connect with a lender and receive the required amount on the next business day. Our large network of lending partners has flexible loan terms and the lowest APR on the market. Plus, our clients are free to use the money regardless of loan purpose and low credit score.

  4. What Credit Score Do I Need to Receive Dental Financing?

    To receive traditional dental financing from an insurance company, you need to have a good credit score. It can reach 850, which is considered a perfect FICO score. But if your credit rating is poor (below 580), you may always rely on us. Here you’ll get the financing you need to pay for your dental bills.

  5. Should I Go For Credit Cards or Personal Installment Loans to Pay for Dental Treatments?

    It depends on your possibility to repay them, your creditworthiness, and other factors that vary by lender. As said before, your credit history will play the leading role in getting approval from a service provider or credit card issuer. If you can’t manage to repay a particular financial product, opt for other alternatives.

  6. How Long Will It Take To Pay Off My Dental Loan for Bad Credit?

    The loan term varies by the amount you apply and the procedures you got. Usually, it takes 30 days to several months if your mouth health needs too many interventions. Remember that you can always negotiate the loan term to fit your financial situation.

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