Orthodontics Financing and FAQ
A Bit About Orthodontics
Patients of all ages can be candidates for orthodontic treatment as long as they have relatively healthy jawbone density and gum tissue. From young children to middle-aged adults, orthodontics can increase oral function, improve appearance, and assist with preventing disease.
In addition to the aesthetic benefits of having a straighter smile, there are benefits to one’s oral health. Straight, properly aligned teeth are easier to floss and brush. Practicing thorough oral hygiene can prevent diseases like tooth decay and gum disease.
Moreover, properly positioned teeth improve one’s bite – the way that teeth make contact when the mouth is closed and during oral function. If teeth make improper contact, it can lead to tooth wear and TMJ disorder.
Financing Options for Orthodontics
Here at Dental Depot Orthodontics, we want to make sure you’re able to receive the treatment you need without putting strain on your finances. That is why we partner with LendingPoint to offer you financing aid to help make the costs of orthodontic procedures much more manageable. For any questions you may have, our front office staff at all of our offices are trained and happy to help with any assistance you may need regarding financing options. Here are some answers to the most frequently asked questions we receive about financing for orthodontics and LendingPoint:
LendingPoint is a loan provider that specializes in the medical field and providing loan services to patients in need of financial assistance.
There are many factors LendingPoint takes into consideration when giving a loan offer to a patient. While one of these factors is your credit score, it is only one of many factors so don’t let a low credit score stop you from receiving an offer!
No, checking your offers will have no affect on your credit score. Though when you enter the financial agreement there will be an effect, but that effect is typically mitigated pretty quickly with consistent on-time payments.
The monthly payment will be determined by the amount borrowed, the amount of time allotted to pay it back and the APR. All this information will be disclosed to you when the offer is made.
The borrower and patient do not have to be the same person. Patients can have a friend or family member apply on their behalf.
There is no required down payment to get started, though you ma choose to pay some of the costs for your treatment upfront to reduce the amount financed to you.
To apply, all you need is:
- To be at least 18 years of age
- Your Social Security number
- A U.S. Federal, U.S. State or U.S. local government issued photo ID.
After your offer is accepted, LendingPoint will contact you with payment options. LendingPoint recommends setting up auto-pay online, but there are alternative options as well.