First, how much do you need to pay for your dental expenses?
Why Online Dental Financing?
First, you might be wondering why you should use online dental financing. Most dental offices offer some sort of financing right?
There are a number of reasons why online financing may be superior in your particular situation. Have a look for yourself.
Bad Credit May Not Be A Problem
Most dental office financing will require at least good credit for an approval. This is because they generally use just one outside lender to handle loans for dental procedures. If you do not qualify you are out of luck.
Our lender group is made of dozens of lenders and many of these lenders even specialize in bad credit. If you have heard no from office financing, your chances may very well be better online.
Get Paid In Cash
Should you decide to move forward with your dental financing, your lender will pay you in cash. Having money deposited directly into your account affords you a number of opportunities. You can choose a dentist based on quality instead of the ability to financing. Additionally, you may be able to negotiate a better rate having cash in hand.
It Is Just Easier
It takes just a few minutes to complete your quote form and get an offer. Compare this to the time it takes to fill out a paper form with a dental office financing company. Online lending is also much more private and that is a big plus if you have bad credit and fear getting denied.
Getting Your Dental Financing Offer
So, there are obviously a number of advantages to going the online route, so just how do you get your medical loan offer? It is much easier than you might think. Here is what you need to do.
Enter Your Information
First, you need to enter a bit of information about yourself. Start with how much you expect to need and then fill in some basic personal details. You will also be required to enter checking account information, because remember this is a cash loan. If you accept it, your lender will deposit money directly into your bank account.
Get A Loan Decision
Once you complete the quote form, send it off to the lender group. If approved, one lender from this group will make you an offer. To view this offer, you will need to be sent to the lender’s website. Once there, take the time to read all of the loan details and ask questions if anything is not clear.
Make A Choice
With all of the information in front of you, it is now time to make a decision. Do not enter into a loan contract too quickly. Just because you need a loan does not mean that you should accept one if the terms are not agreeable. Make sure that, among other things, you can afford the loan payment and that the total cost to finance is not too great.
Pay For Your Dental Procedure
If you decided to accept your loan offer, your lender will deposit money directly into your checking account. You can then use the money to immediately pay for your dental procedure or procedures.
Shopping For Dental Services
With money in hand, or in bank account, you finally get to shop for your dental procedure. Here are some tips that may help you make the most of your money.
Shop Around
The prices for dental work can vary tremendously from dentist to dentist. While you do not want to shop based on price alone, you also do not want to pay more than needed. Get quotes from at least three different dental providers before making a decision, especially when looking for a service like dental implants. And be sure to keep in mind that you will be paying for that big fancy office. Sometimes a small family practice is better.
Ask For Cash Discounts
Take advantage of the fact that you have cash in hand. With bad credit, you are likely paying more for your dental financing, so try to make up for higher interest by securing a better rate. In any case, it never hurts to ask for a discount.
