If you’ve lost your teeth, dental implants are the best, most permanent alternative that will last a lifetime. They do, however, require the skills of qualified dental specialists as well as cutting-edge equipment, therefore they are not inexpensive.
Furthermore, dental implants are not fully covered by the bulk of typical dental insurance policies and can cost thousands of dollars. However, in this piece, we will go through numerous possibilities for financing dental implants.
Dental Implants Financing
There are several implant financing solutions available to help you pay for your treatment. The type of treatment (single dental implants or whole mouth implants) and the amount of implants required will determine where you want to go for financing. If you are wondering about how much dental implants cost, you should consult with a dentist to determine the cost of your treatment.
Loan Payment
Obtaining a loan can be challenging, especially if you have a poor credit history or no credit history at all. However, depending on your credit history, you have several options to pick from, as indicated below:
Loans, Both Secured and Unsecured
Regardless of your credit history, a secured loan is easy to apply for. However, you must use your property, such as a house or a car, as security for the loan. This means that if you do not repay the debt, the lender may repossess the property.
If you have a strong credit history, you can apply for an unsecured loan. There is no collateral in this case, but your lender may use a collection agency to reclaim the money if you fail to repay the loan.
CareCredit
Care Credit works in the same way as a credit card. It allows you to begin your dental implant treatment right away and then finance it with cheap monthly installments.
There are two Care Credit choices. The first is the ‘No Interest Payment Plan,’ which offers three, six, and twelve months of interest-free payments. As the name implies, you do not pay interest as long as you pay the balance within the set time frame. This is the option chosen by 90 percent of our implant patients.
Because the dental implant surgery is divided into two phases, the finance can be divided into two equal sums. The first phase, or surgical phase, accounts for around half of the treatment cost and can be paid through a no-interest payment plan. The second part, or restorative phase, in which we create your teeth, can begin before the first phase is completed. You can finance the second stage of implant treatment under the no-interest plan once more, lowering your overall monthly costs.
Second, there is the ‘Extended Payment Plan,’ which is available for 24, 36, and 48 months. Any procedure costing more than $1500 is subject to a 12.96 percent interest charge. The monthly payment for a $1500 dental implant procedure might be as little as $41.