Statutory and private health insurance companies only partially cover the cost of dentures according to a binding service catalog. Especially in the case of implants, there are often larger differences that the patient has to apply for a really optimal care. Therefore, the demand for a loan for dental implants is growing rapidly.
The forms for credit for dental implants
The banks do not yet have a special loan for dental implants. That is why the alternative is called consumer credit. Here, the bank cannot prescribe to the borrower what the loan amount will be used for. In technical terms this is called “lack of earmarking”. The consumer loan as financing for dentures has several advantages. Many banks waive transaction fees. Most banks work with an interest rate that is the same for all customers. If, as an exception, a credit-dependent interest rate is charged for the consumer loan as a loan for dentures, this can be seen from the fact that the little word “before” stands in front of the interest rate.
In addition, the consumer credit as financing for the dentures has the advantage that free special repayments can be made at any time. However, the consumer loan as a loan for dentures also has a small catch. The banks consistently restrict the target group to the employee who is employed and who can present an indefinite employment contract with an expired trial period and the associated evidence of regular wage payments.
The alternative loan for dental implants
Personal loans can also be used to finance dentures. Those who have rich friends and relatives are not the only ones who can take advantage of this opportunity. In the meantime, several platforms have emerged on the Internet, on which loans from private investors are brokered. Here you should look closely at how the possible interest for the loan for dental implants is formed. From the offer of the borrower to the reverse auction, everything is possible here. Legal certainty can be assumed for credit contracts, since they are created with the support of cooperating banks. An advantage here, just like with consumer loans and the policy loans described below, is that there is usually no entry in private credit checker.
The policy loan as a cheap alternative
Even if you don’t get financing for the dentures from the bank due to a burdened private credit checker, you don’t have to do without it. Another option would be the policy loan. You can get that if you have a capital insurance and have already accumulated a good amount of credit there. However, it must not be a credit in an insurance company that is subsidized by the state through grants or tax benefits in the context of private retirement provision. In the case of a policy loan, an existing credit is loaned. This has the advantage that the risk for the insurance is low and very good conditions can be obtained for it.
Additional advantages result from the fact that in the case of a policy loan for the payment of dentures, the loan amount can be repaid in several variants. You can pay interest and repayment over the normal premiums and thus collect the original insurance sum again. Alternatively, you could just pay the interest and have the actual loan amount offset against the maturity.