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Best Dental Loans

There’s no denying dental procedures are expensive. However, they’re essential if you’d like to keep your teeth, gums, and mouth in tip-top shape. With dental loans, you can cover the costs of your dental procedures and maintain excellent oral health.

Best Dental Loans
Anna Baluch
Freelance Copywriter

Even if you have dental insurance, you may still have to foot some of the bill for your dental procedures. While dental procedures vary in cost, many of them will run you hundreds or even thousands of dollars. It all depends on complexity, location, and provider. The good news is a dental loan can alleviate some of the financial stress that comes with caring for your teeth. Our team of financial experts reviewed and ranked more than 30 online lenders to help you get funded.

Our Top Picks for Best Dental Loans

 sofi review
  • No origination, prepayment, or late payment fees
  • Joint applications accepted
  • Offers .25% discount for autopay
  • Borrowers up to $100,000
Min. Credit Score
Min. Credit Score 680+
Loan Amounts
Loan Amount $100K
Est. APR
Loan Repayment 84 months
penfed_logo
  • Low interest rates
  • No origination fees
  • You can apply with a co-borrower
Min. Credit Score
Min. Credit Score Not disclosed
Loan Amounts
Loan Amount $600-$50K
Est. APR
Loan Repayment 1-5 years
bestegg_logo
  • Wide range of loan amounts available
  • Fast application process
  • Direct payments to creditors as an option
Min. Credit Score
Min. Credit Score Undisclosed
Loan Amounts
Loan Amount $2K-$50K
Est. APR
Loan Repayment 36-60 months

How to Choose the Best Dental Loan?

There are countless dental loans on the market. That’s why our experts did the heavy lifting for you and found the best options. To do so, our experts considered the following factors.

  • Loan Features: Dental loans with flexible loan terms and large loan amounts are ideal, especially if you have to cover a costly procedure or multiple procedures at once.
  • Interest rates and fees: Since dental procedures are expensive, we looked for loans that offer competitive interest rates and minimal to no fees as they can save you hundreds or even thousands of dollars in the long run.
  • Application process: We prioritized lenders that allow for easy loan applications you can complete online, within minutes, from the comfort of your own home or office. Bonus points were given to those that offer prequalification tools and allow you to check your dental loan offers without any impact to your credit score.
  • Qualification process: Since oral health is important, no matter your credit score or income, we made an effort to find lenders that are open to a variety of borrowers, not just those with stellar credit and high income. 
  • Customer support: If you take out a dental loan, you’ll likely have it for a few years or even longer so convenient access to customer support is essential. Our experts gave preference to lenders that you can easily consult via phone, email, live chat, social media, and other channels.
  • Online user reviews: Reviews from current and former borrowers on independent review sites like Trustpilot and Better Business Bureau (BBB) gave us valuable insight on the reputation of each dental loan lender.
  • Perks and Bonuses: We explored lenders that offer extras like robust mobile apps, hardship assistance, and credit building tools. 

Best Dental Loans of 2022 - Full Overview

1. SoFi: Best for Large Loan Amounts

If you have a costly dental procedure or multiple procedures to pay for, a SoFi personal loan should be on your radar. The lender offers loans that go up to $100,000 so you may be able to fund your entire dental bill, even if it’s significant.
Pros
Large loan amounts: SoFi will lend up to $100,000 to borrowers who qualify.
Member-only perks: Upon approval, you can enjoy an interest rate discount, career coaching, and events like happy hours and dinners with other members.
Unemployment protection: If you get laid off, you may be able to pause your payments and receive some support with your job search.
Cons
High eligibility requirements: You need good credit and a strong monthly cash flow to get approved.
May have to wait for funding: It can take a few days to receive your funds.
High minimum loan amount: SoFi loans start at $5,000, which can be an issue if your dental procedure is only a couple hundred or thousand dollars.

sofi
SoFi personal loans range from $5,000 to $100,000 with repayment terms of 2 to 7 years and interest rates between 6.99% to 21.78%. You need a credit score of at least 680 and must be currently employed or have a job offer that starts within 90 days.

The Bottom Line

If you have good credit and a large dental bill to cover, a SoFi loan can be a solid choice.

Try SoFi

2. PenFed: Best for Minimal Fees

If you want a dental loan that doesn’t require you to pay many fees on top of interest, PenFed may be a solid pick. You won’t have to pay any origination fees and prepayment fees, which are widely seen with other lenders.
Pros
Minimal fees: PenFed doesn’t charge origination fees and prepayment fees, which can increase your overall cost of borrowing.
Mobile app available: You can manage your PenFed dental loan through an intuitive mobile app.
Prequalification tool: Since PenFed allows you to prequalify, you can check your loan offers without any impact to your credit.
Cons
No autopay discount: You won’t save money if you enroll in automatic payments like you may elsewhere.
Limited payment date flexibility: PenFed does not offer an option to choose or change your payment date.
Must be a member: Even though you can check your loan offers without joining, you must become a member of PenFed credit union to pursue one.

penfed
PenFed offers personal loans between $600 and $50,000 with repayment terms that range from 1 to 5 years. Interest rates are from 4.99 to 17.99%. While the lender does not disclose any minimum credit score requirements, you do have to join PenFed to take out a loan. This will require you to open a savings account with a minimum $5 deposit.

The Bottom Line

If you’d like to become a PenFed member and save on fees, a dental loan from PenFed might make sense.

3. Best Egg: Best for Good Credit

As long as you have good credit, you can get approved for a Best Egg personal loan with a great interest rate. Best Egg will allow you to use the proceeds toward a dental bill or just about any other expense.
Pros
Competitive rates for good credit: If you have a strong credit history, you may lock in a low rate that saves you hundreds or even thousands of dollars on your overall dental loan.
Next-day funding: According to Best Egg, almost half of its borrowers receive their money the day after they apply so you can cover your dental bill right away.
No prepayment penalties: Since Best Egg doesn’t charge prepayment penalties, you may off your loan early and pay less in interest.
Cons
Only two repayment terms: Best Egg only offers two term options: three years and five years.
Origination fees: You may have to pay an origination fee ranging from 0.99% to 5.99%.
Cosigners not allowed: Best Egg won’t allow you to apply with a cosigner so if you have bad credit, its loans might not be an option.

bestegg
Best Eggs loans range from $2,000 to $50,000 with terms of 3 or 5 years. Interest rates are between 5.99 and 35.99%. The lender requires a minimum credit score of 600, an annual income of at least $3,500, and a debt-to-income ratio of no more than 40% or 65%, including a mortgage.

The Bottom Line

If you have good credit and are able to lock in a low interest rate, a Best Egg personal loan can be a great way to pay for your dental procedure.

4. OneMain Financial: Best for Bad Credit

OneMain Financial may approve you for a dental loan, even if your credit isn’t in the best shape. The lender can help you obtain the funds you need to take care of your oral health, regardless of your credit score.
Pros
Leninant requirements: You can get approved for a OneMain Financial dental loan, even with poor or fair credit.
Branch access: Since there are OneMain Financial branches across the country, you may be able to apply for and manage your loan in person.
Seven-day cancellation policy: OneMain Financial allows you to cancel your dental loan within 7 days if you decide it’s not right for you.
Cons
Seven-day cancellation policy: OneMain Financial allows you to cancel your dental loan within 7 days if you decide it’s not right for you.
Origination fees: You may have to pay an origination fee of 1% to 10% of the total loan amount or a flat fee of $25 to $500, depending on your state.
Limited availability: OneMain Financial dental loans are only offered in 44 states.

OneMain
OneMain Financial loans range from $1,500 to $20,000 with repayment terms of 2 to 5 years and interest rates between 18.00% to 35.99%. Even though the lender doesn’t disclose any hard credit requirements, it does state that it uses its own underwriting system to review your credit information and ensure you can repay your loan with your current debt obligations.

The Bottom Line

OneMain Financial is ideal if you have a lower credit score but need financing to pay for your dental bill.

5. Upgrade: Best for Small Loan Amounts

With an Upgrade personal loan, you can cover a small dental procedure. Upgrade’s loan amounts start at $1,000 so you don’t have to borrow more than you need and may therefore avoid a serious cycle of debt.
Pros
Small loan amounts: Upgrade personal loans start at $1,000, making them ideal for less expensive dental procedures like tooth exams and cleanings.
Fast funding: Depending on when you get approved, you may receive your money within one business day.
Lenient eligibility criteria: Even if you don’t have the best credit, you can still get approved for an Upgrade loan.
Cons
Origination fees: Upgrade charges origination fees that range from 2.9% to 8%.
Late fees: In addition to origination fees, you may pay a late fee of up to $10 if you don't make a full payment within 15 days of when it’s due.
Not available in all states: If you live in Iowa or West Virginia, you won’t be able to take out a dental loan through Upgrade.

upgrade
Upgrade offers loans that range from $1,000 to $50,000 with terms of 2 to 7 years and interest rates of 5.44% to 35.47%. The minimum credit score requirement is 560 and you need at least two accounts on your credit history as well as a debt-to-income ratio of no more than 75%.

The Bottom Line

If your dental bill is only a couple hundred or thousand dollars, an Upgrade personal loan is worth exploring, even if you have bad credit.

6. LightStream: Best for Quick Funding

For a dental bill you need to pay right away, a LightStream personal loan may be a smart choice. You won’t have to wait weeks or months for your funds as the lender can approve you as soon as the same business day you apply.
Pros
Fast funding: Depending on the time you apply, you can receive your money via direct deposit that same day.
Low rates: If you have good credit, you can qualify for a low rate, which can save you a lot of money on your dental procedure.
No fees: LightStream doesn’t charge any fees, including origination fees, late fees, and repayment fees.
Cons
No prequalification tool: You won’t be able to check your offers from LightStream without a hard credit inquiry.
High minimum loan amount: If you only want to spend a few hundred or thousand dollars on your dental procedure, you may find the minimum loan amount of $5,000 too high.
Good credit required: LightStream personal loans may only be an option if you have solid credit.

lightstream
LightStream loans range from $5,000 to $100,000 with terms of 2 to 7 years and rates between 4.99% to 19.99%. The lender requires a minimum credit score of 660 and at least several years of credit with a good payment history.

The Bottom Line

If you need to pay for a dental procedure as soon as possible, a LightStream personal loan may be a smart move.

Best Dental Loans - Feature Comparison

Company Name

Est. APR

Min. credit score

Loan Amount

Loan term

SoFi

6.99%–21.78%

680

$5,000–$100,000

2-7 years

PenFed

4.99-17.99%

None

$600-$50,000

1-5 years

Best Egg

5.99-35.99%

600

$2,000-$50,000

3 or 5 years

OneMain Financial 

18.00-35.99%

None

$1,500-$20,000

2-5 years

Upgrade

5.44-35.47%

560

$1,000-$50,000

2-7 years

LightStream

4.99-19.99%

660

$5,000-$100,000

2-7 years

What is a Dental Loan?

Dental loans are personal loans that are intended to finance dental procedures, like cleanings, extractions, and root canals. If your insurance plan won’t cover some or all of the cost of a dental procedure, a dental loan can be very useful. In most cases, there is no collateral tied to it so you don’t have to put an asset like a house or car on the line. You may receive a lump sum of money upfront and repay it over time via fixed monthly payments.

Reasons to Get a Dental Loan

Even if you have dental insurance, you may still be responsible for at least some of the total cost of a dental procedure. This is particularly true if you have a high-deductible plan. While dental loans can be used for any dental procedures, here’s a breakdown of the most common ones and their costs.

  • Dental cleanings: $75 to $200 for a standard cleaning without x-rays or other extras
  • Cavity fillings: $50 to $300 for a standard silver filling and $90 to $450 for a tooth-colored filling
  • Dental implants: $2,400 to $3,000 per implant
  • Root canals: $500 to $2,000 per root canal
  • Crowns: $600 to $2,500 for a metal crown and $500 to $1,500 for a porcelain crown
  • Tooth extractions: $75 to $450 for a simple extraction and more for a complex extraction width section
  • Veneers: $925 to $2,500 per tooth
  • Professional teeth whitening: $500 to $1,000

How to Get a Dental Loan

If you’d like to take out a dental loan, follow these steps.

  • Decide how much you need: Ask your dental office how much your procedure will cost you so that you don’t overborrow and steer yourself into a cycle of debt. When you decide on how much money you want to ask for, remember you’ll likely have to pay interest and fees on top of the original loan amount.
  • Check your credit: Most personal loans for dental procedures depend on your creditworthiness. That’s why it’s in your best interest to check your credit scores and pull reports from the three credit bureaus through AnnualCreditReport.com before you apply.  Once you know where you stand credit wise, it’ll be easier to determine which loans you may qualify for.
  • Prequalify: Most lenders will allow you to prequalify for a loan and check your offers without any impact to your credit. All you have to do is fill out a short form with some basic information like your name, address, income, and the amount you want to borrow. Prequalifying can make it a breeze to compare your offers and hone in on the ideal dental loan for your particular budget and needs.
  • Choose a lender: After you prequalify with multiple lenders, it’s time to make a decision. Go through your offers and look at the loan amounts, interest rates, fees, and fine print of each one. Don't hesitate to ask a lender if something is unclear or doesn’t make sense.
  • Apply for a loan: Now, you can move forward with the loan and fill out an application. In most cases, you’ll be able to do so online. Be prepared to submit documents like a government-issued ID, pay stubs, tax forms, and bank statements.

Can You Get a Dental Loan with Bad Credit?

It’s much easier to get approved for a dental loan if you have good or excellent credit. But you can still qualify for one with bad credit. Just know that you’ll likely have to settle for a higher interest rate, which can cost you hundreds or even thousands of extra dollars over the life of your loan. If you do get a dental loan with bad credit, make sure you make your payments on time, every time so you can improve your score and open the doors to more favorable terms in the future.

Dental Loan Alternatives

In addition to dental loans, there are other ways to finance your dental procedures, including:

  • In-house financing: Many dentists offer in-house payment plans to patients without insurance or those who don’t have the cash to cover their out-of-pocket costs. While dentists usually set their own interest rates, you may be able to negotiate with them and set up a monthly payment plan that works well for your budget.
  • 0% APR credit cards: If you have decent credit, you might want to explore a credit card with a 0% intro APR. As long as you repay your balance before the intro period, which is usually between 12 and 18 months, is up, you won’t have to pay any interest on the cost of your procedure.
  • Medical credit cards: There are also medical credit cards like CareCredit and PatientFi. Sometimes these cards come with 0% interest offers but the standard rate for them is about 26.99%. They work just like regular credit cards but are specifically designed for out-of-pocket medical expenses.
  • Home equity loans: If you own a home, you can tap into your home equity and finance your dental procedure with a home equity loan. You’ll receive a lump sum of money upfront and repay it via fixed monthly payments. Since these loans are secured, they tend to come with low rates. But you will have to pay closing costs if you pursue this option.
  • Home equity lines of credit (HELOC): HELOCs are similar to home equity loans. The main difference, however, is that they’re a revolving line of credit. You can withdraw funds from them as much or as little as you’d like up to a set credit limit. You’ll only pay interest on the amount you borrow.

Use Dental Loans to Keep Your Teeth Healthy

Dental procedures are almost always a necessity. Without them, you put yourself at risk for serious health complications like cavities and gum diseases. If your dental insurance doesn't cover the full cost of a procedure or you don’t have it, a dental loan can be a real lifesaver. Just make sure you read the fine print before you sign on the dotted line and pay back what you borrow.

Frequently Asked Questions(FAQ)

What credit score do you need for dental first financing?

While credit requirements depend on a number of factors, most lenders require a credit score of at least 585. If your score is on the lower side, however, don’t worry. You may still get approved for a dental loan. The only caveat is that you’ll likely have to accept higher rates and less attractive terms.

Can you get a loan to fix your teeth?

You can get a dental loan to fix your teeth. Many lenders offer dental loans that may help you cover the cost of a dental procedure with ease. Whether you need a filling, root canal, veneers, or anything else, a dental loan may be the ultimate solution, especially if you can qualify for low rates and favorable terms.

Do dentists offer payment plans?

Some dentists do offer payment plans. With a payment plan, you can spread out the cost of your dental procedure over time. A payment plan can come in handy if you don’t have dental insurance or your insurance plan won’t pay for the procedure entirely. Depending on the plan, you’ll have to make weekly or monthly payments.

Is dental financing hard to get?

Lenders prefer to extend dental loans to those with good credit. But there are many lenders that understand how important dental work is and are willing to lend money to borrowers with fair or bad credit. If you don’t have the best credit score, shop around and look for lenders with lenaint requirements.

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