The Benefits of Dental Finance
Dental finance offers a lifeline during unforeseen emergencies, providing timely access to crucial treatments that may otherwise strain finances. In moments of dental distress, from sudden toothaches to unexpected injuries, having a financial plan in place can alleviate stress and ensure swift access to necessary care. With dental finance, individuals can promptly address emergencies without the burden of immediate out-of-pocket expenses and ultimately, with the right guidance be in a position to choose the perfect solution for the specific dental issue.
Moreover, dental finance extends beyond emergencies, offering a pathway to orthodontic solutions like braces. Straightening teeth isn’t just about aesthetics; it’s about oral health and confidence. By spreading the cost of braces over manageable instalments, dental finance makes orthodontic treatment accessible to more people, fostering healthier smiles and boosting self-esteem.
Teeth whitening, another popular dental procedure, becomes more attainable through finance options. A bright, radiant smile enhances one’s appearance and self-assurance, but professional whitening treatments can be costly. Dental finance breaks down these expenses into affordable payments, enabling individuals to achieve the dazzling smiles they desire without financial strain.
General orthodontic treatments, encompassing various corrective procedures, benefit significantly from finance options. Whether it’s correcting misaligned bites or addressing overcrowded teeth, these treatments are vital for long-term oral health and overall well-being. Dental finance ensures that individuals can undergo necessary orthodontic interventions without delay, preventing potential complications and discomfort.
What Interest rates for Dental Finance?
Credit for Dental Treatments
The interest rate you’ll pay to a dental finance company can vary depending on several factors including your credit score, the amount of financing you’re seeking, the terms of the loan, and the policies of the finance company itself. Typically, dental finance companies offer loans or financing options for dental procedures such as braces, implants, or cosmetic dentistry.
Whites Dental have a financing partner, able to offer their clients interest free options for 12 month loans and options for *longer term loans with a fixed interest rate starting at 9%
Additionally, if you have dental insurance, it’s worth exploring whether your insurance provider covers any portion of the cost of the procedure you’re seeking. This can help reduce the amount you need to finance and ultimately the amount of interest you’ll pay.
*correct as of the 14/02/2024
Private Dental Treatments
Approximate Costs and Details
Below is an approximate estimate of private dental treatment costs in the UK:
- Fillings: £100 – £250 per filling, depending on the size of the decay and material used
- Dental Crowns: £400 – £1,000 per crown, depending on the condition of the underlying tooth and material used for the crown (e.g. porcelain bonded metal, all ceramic, zirconia etc.).
- Dental Braces: £1,500 – £5,000 or more for orthodontic treatments, depending on the amount of teeth movement required and the type of braces used (e.g., traditional metal braces, ceramic braces, clear aligners like Invisalign).
- Instant laser whitening £500 There are different methods and a vast range in the quality of these treatments available, ask your dentist to ensure you are comparing like-for-like costs.
For more information on Private dental vs NHS dental treatments and costs.
To find out more about the finance options, interest rates and terms available to you, Whites Dental offer their clients access to affordable payment plans for Dental treatments, this is through a partner finance company.
Remove the financial barrier to your treatment with finance.
Beyond the immediate advantages, dental finance promotes proactive dental care by removing financial barriers. Routine check-ups and preventive measures are fundamental for maintaining optimal oral health. With finance options available, individuals are more inclined to prioritise regular dental visits and preventive treatments, ultimately reducing the risk of costly dental issues in the future.
In essence, dental finance empowers individuals to take control of their oral health and access essential treatments when needed most. From emergency dental care to orthodontic solutions, the benefits extend far beyond monetary convenience, fostering healthier smiles, boosting confidence, and promoting proactive dental habits. By offering flexible payment plans, dental finance ensures that everyone can afford the smile they deserve, whether you are looking at spreading the cost of braces on finance, making your teeth whitening more affordable or need a significant programme of dentistry over a period of 12-18 months, financing it can allow you the treatment that is most suitable for you as opposed to the treatment you can afford to pay for in a single payment.
Take advantage of Whites Dental Free Consultation use the link provided here to gain professional insight and opinion about your treatment, the process and time and the opportunity to ask the questions you want answers to.
Could Dental Finance harm my Credit Rating?
How to meet your credit agreement
While obtaining financing from a dental finance company, say for example – getting braces on finance may have some impact on your credit score, the effect is often minimal and temporary. As long as you make payments on time and manage the debt responsibly, it shouldn’t harm your credit rating in the long term, and it could even have positive effects if you establish a history of timely payments.
- Credit Check: When you apply for financing as is the case with most financing applications, they may perform a credit check as part of the application process. This type of credit inquiry, known as a hard inquiry, can have a temporary impact on your credit score. However, the impact is typically minor and short-lived, especially if you’re shopping around for rates within a short period, as multiple inquiries for the same type of loan are usually treated as a single inquiry.
- Repayment History: Your credit rating can be affected if you fail to make timely payments on the loan or if you default on the loan altogether. It’s crucial to make all payments on time to maintain or improve your credit score.
- Credit Utilisation: Taking on additional debt through financing could affect your credit utilisation ratio.
Could Dental Finance improve my Credit rating?
Credit agreements can improve your credit worthiness
It’s important to note that while taking on credit can help improve your credit score, it’s essential to manage that credit responsibly. This means making payments on time, keeping balances low relative to your credit limits, and avoiding taking on more credit than you can comfortably manage. By using credit responsibly, you can build a positive credit history and improve your credit rating over time.
- Building a Credit History: If you’re new to credit or have a limited credit history, taking on credit responsibly (paying off the balance/payment in full and on time each month) can help establish a positive credit history.
- Diversifying Credit Types: Lenders like to see a mix of different types of credit on your credit report, such as credit cards, installment loans (like auto loans or personal loans), and mortgages.
- Credit Utilisation: Keeping your credit utilisation low, ideally below 30%, shows lenders that you’re not overly reliant on credit and can manage your finances responsibly.
- Improving Payment History: By taking on credit and consistently making on-time payments, you can demonstrate responsible financial behavior, which can boost your credit score over time.
Our Waterloo dental Clinic offers experienced dental team provides dental treatments such as Invisalign braces, fixed braces, metal braces & ceramic braces for teeth straightening. They also provide related dental treatments such as composite bonding, teeth whitening, general and emergency dental treatments & hygienist services.
We are currently offering a special promotion to all our new patient applications at either our Marble Arch clinic or Waterloo clinic allowing them to access a range of services for just £120 (discounted by £100).
Our Marble Arch dental team serves North and South Kensington, Covent Garden, Belgravia, Paddington & Marylebone, also offering a full range of dental treatments such as orthodontic braces, cosmetic dentistry and dental hygiene.
Both our clinics provide interest free – 0% interest – finance payment plan options for all types of dentistry treatments. Please contact us to book a free initial consultation on a range of cosmetic dentistry, teeth alignment, braces and smile enhancements treatments. We often have weekday, evening and weekend appointments available.