In addition to financing dental care on standard credit cards or though equity loans, patients may also opt for dental-specific medical installment accounts with various requirements and terms, according to Dear Doctor. Finance companies that offer these revolving credit accounts include CareCredit, Prosper Healthcare Lending, Lending Club Patient Solutions and Dental First Financing, according to each company's website.
CareCredit offers revolving accounts for elective medical care and features a network of over 175,000 providers across the United States, notes its website. This financing option lets patients set terms between six and 24 months for repayment on purchases of more than $200, and this account incurs no interest during the original promotional period. Services that qualify for financing with CareCredit include basics, such as six-month checkups and fluoride treatments, and more involved procedures, including Invisalign teeth straightening and dentures.
Prosper Healthcare Lending offers terms of up to 60 months for qualified patients and features six- to 12-month interest-free periods without retroactive interest or fees for prepayment, explains its website. This company finances procedures from $2,000 to $100,000, giving patients flexible options whether they need to fix singular or multiple medical issues. Patients may use these funds for a variety of dental procedures, including everything from simple extractions and root canals to braces and treatment for temporomandibular joint disorder or sleep apnea.