In addition to the initial dentures, many patients also have to replace the existing third parties with new teeth from time to time. Statutory health insurance companies pay a fixed grant for both initial and later dentures, the amount of which, however, only partially covers the costs incurred. Even private health insurance contracts usually do not provide for full reimbursement of teeth for new teeth.
Special loans for the new teeth
The easiest way for patients to get a new tooth loan is to arrange payment in installments with their dentist before treatment. Most dental practices grant such for their own billing for six to twelve months or refer their denture patients to a bank with which they have often agreed special terms. When paying in installments directly with the dentist, many practices do not charge interest. If the practice invoices the patient’s own contribution via a dental accounting office, this cannot be used to agree a loan for new teeth before the invoice is issued.
Instead, the clearing houses generally offer payment in up to six monthly installments for larger invoice amounts. There are also a number of private credit providers that only provide earmarked medical treatment loans. In many cases, these are, but not always, cheaper than unrestricted bank loans, so that the patient compares the corresponding offers with installment loans.
Regular bank loans for the new teeth
If patients have taken out additional dental insurance, they will only receive the additional share of costs from the insurer after the invoice is due. For this short period, the overdraft facility on the checking account is a sensible alternative to borrowing. However, neither the overdraft facility nor the credit card availability limit is suitable as a replacement for a loan for new teeth that has been applied for from the bank, since both types of credit are associated with excessively high interest rates. Instead, taking out a consumer loan is recommended. Since credit institutions pay this out at their own disposal, the patient does not have to indicate that he will use the loan applied for for new teeth.
The intended use of a desired loan does not affect lending anyway for most banks. Even the more generous lending of smaller financial institutions to their regular customers after a face-to-face meeting is largely a myth today, provided that the credit meeting cannot be recognized as a clear plus when assessing creditworthiness. If the bank refuses the loan request and payment in installments to the dentist or the clearing house is not possible due to the limited term, it is advisable to raise funds via a platform for private loan brokerage. The lenders registered there often base their decisions on the intended purpose, although most consider a loan for new teeth to be eligible.