dental-loans

Compare dental loans

Now you have no excuse for skipping your next dentist appointment.

Dental work can be costly. Whether you’re just going for a check-up or for more comprehensive reconstructive or cosmetic surgery, the bill may be out of your budget. But whether the dental work is necessary or elective, you should know that there are financing options available to you. Take a look at your options for dental loans, what’s involved and whether they might work for you.

Citi Personal Loan Plus

Citi Personal Loan Plus

from

9.99 % p.a.

variable rate

from

10.95 % p.a.

comparison rate

  • Loan amounts from $5,000
  • Offers a reusable credit facility
  • Repay over 5 years
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100% confidential application

Citi Personal Loan Plus

Apply for a Citi Personal Loan Plus and get competitive interest rate offer with a reusable credit facility.

  • Interest rate from: 9.99% p.a.
  • Comparison rate: 10.95% p.a.
  • Interest rate type: Variable
  • Application fee: $199
  • Minimum loan amount: $5,000
  • Maximum loan amount: $75,000
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Rates last updated October 19th, 2017
$
Name Product Interest Rate (p.a.) Comparison Rate (p.a.) Min Loan Amount Loan Term Monthly Service Fee Application Fee Monthly Repayment Product Description
Citi Personal Loan Plus
From 9.99% (variable)
10.95%
$5,000
3 to 5 years
$10
$199
Borrow up to $75,000 to use for a range of purposes. Competitive rate of 9.99% p.a. available to all approved applicants.
SocietyOne Unsecured Personal Loan
From 7.5% (fixed)
9.51%
$5,000
2 to 5 years
$0
3% (of loan amount)
Based on your risk profile, you will receive a tailored rate between 7.5% and 20.14% with a SocietyOne personal loan.
DirectMoney Unsecured Personal Loan
From 8.5% (fixed)
9.36%
$5,000
3 to 5 years
$0
$595
This unsecured loan features tiers of interest rates from 8.5% p.a. to 19.95% p.a. based on your credit history.
RateSetter 2-Year Personal Loan
From 4.69% (variable)
7.11%
$2,001
2 years
$0
$0 (Upfront fee $250 for loan terms of 2 years and above)
This peer-to-peer loan is only available for a 2-year term at the rate of 4.69% p.a.
RateSetter Personal Loan
From 8.66% (fixed)
9.17%
$2,001
0.5 to 5 years
$0
$0 (Upfront fee $250 for loan terms of 2 years and above)
RateSetter offers personalised interest rates ranging from 3.7% p.a. to 9.6%.p.a. determined by your risk profile.
Pepper Money Unsecured Fixed Rate Personal Loan
From 9.99% (fixed)
9.99%
$5,000
1 to 7 years
$0
$0
Apply for up to $50,000 and receive conditional approval within minutes.
Bank Australia Lifestyle Personal Loan
From 11.89% (variable)
12.94%
$1,000
1 to 10 years
$0
$150
A competitive variable rate loan that gives you ten years to repay.
Westpac Unsecured Personal Loan
From 12.99% (fixed)
14.14%
$4,000
1 to 7 years
$12
$0 (On new loan applications before 7th December 2017)
Borrow up to $50,000 for a term of up to 7 years with the unsecured Loan from Westpac
NOW FINANCE Personal Loans
From 8.95% (fixed)
10.42%
$4,000
1.5 to 7 years
$13
$395 (Based on $10,000)
Get rewarded with a low interest rate for your good credit history. Rates from 8.95% p.a. to 16.95% p.a. depending on your credit score.
RACQ Unsecured Personal Loan
From 12.95% (variable)
13.25%
$3,000
5 years
$0
$200
Apply for up to $30,000 to use for a variety of purposes end enjoy no penalty for early repayment. Note: You must be a QLD resident to apply.
St.George Unsecured Personal Loan - Fixed Rate
From 12.99% (fixed)
14.06%
$2,000
1 to 5 years
$12
$195
Convenient redraw facility, flexible personal loan repayment options with competitive interest rate.
Latitude Personal Loans (Unsecured)
From 13.99% (fixed)
15.19%
$3,000
2 to 7 years
$13
$250 (Loans under $4000 - $140)
An unsecured loan designed for multiple purposes – renovating, buying a car or travelling. Funds can be in your account in as little as 24 hours.
Bank of Melbourne Unsecured Fixed Rate Personal Loan
From 12.99% (fixed)
14.06%
$3,000
1 to 5 years
$12
$195
Apply for a loan from $3,000 and lock in a competitive fixed rate for up to five years.
BankSA Unsecured Fixed Rate Personal Loan
From 14.06% (fixed)
14.06%
$3,000
1 to 5 years
$12
$195
Take advantage of a competitive fixed rate and no application fee for a limited time.

Compare up to 4 providers

Rates last updated October 19th, 2017
Name Product Max. Loan Amount Term of Loan Turnaround Time Costs Fortnightly Repayment $1,500 Product Description
Sunshine Short Term Loans
$2,000
9 weeks
30 Minutes - conditions apply
20% of loan amount + 4% of loan amount each month
$396
Apply online with Sunshine Loans and you could borrow up to $2,000 paid directly into your account. Family Business since 1999.
Nimble Short Term Loan
$2,000
62 days to 1 year
1 hour - conditions apply*
20% of loan amount + 4% of loan amount each month
$396
Apply for a short term loan and you could borrow up to $2,000
Ferratum Cash Loans
$1,900
up to 6 months
Same Day if approved
20% of borrowed amount + 4% of borrowed amount each month
$396
A small loan from Ferratum lets you borrow up to $1,900 without a credit check
Cash Train Loans
$2,000
10 weeks or 3 months
1 Business Day
20% of principal amount (establishment fee) + 4% monthly charge
$396
Apply for a Cash Train loan and get up to $2,000 sent straight to your bank account. Fast online application

Compare up to 4 providers

How do dental loans work?

Dental loans work by a bank or lender letting you borrow money to cover the costs of dental surgery or other dental costs. Depending on the type of loan you choose, you may be able to borrow as little as $100 or as much as $50,000.

Generally, the higher your loan amount, the longer you have to pay it back. Loan terms vary from between 16 days to around seven years. Or, if you opt for a credit card, you can take as long as you like to pay it back.

How much does dental work cost?

Most people know dental work can be expensive, but just how much can a visit to the dentist cost? For diagnostic a preventative work, that is, where you visit the dentist for an oral exam, fluoride, or sealing, the costs can be between about $30 to $100, although calculus removal can cost as much as $150.

For surgery, such as extraction, you’re looking closer to $300. For restorative work, including fillings and cusp capping, you should be expecting to pay closer to $400. When you get into full surgical and restorative work, the bill could be anywhere between $1,500 and $5,000. Braces can cost anywhere between $5,000 and $10,000. If you have three kids that need braces, well - you do the math.

What types of loan options do I have for dental work?

Before applying for a dental loan, it's important to know what type of loans are available to you. If you’re looking at getting dental loans then you have a few options open to consider:

  • Secured loan. A secured personal loan is usually used to finance a car purchase, but there are lenders who will let you make other purchases with this type of loan. You will need to attach an asset that is of equal or greater value than the loan amount to the loan that the lender will repossess in case you default. Secured loans often come with lower rates because the lender is taking less of a risk.
  • Unsecured loan. This type of loan does not require you to use any type of asset as a guarantee, but as such may come with higher rates because the lender is taking on a bigger risk. With unsecured loans you can usually borrow between $1,000 and $50,000 and can use the loan amount for any purpose you want.
  • Short-term loan. These loans, also called payday loans, are usually for amounts between $100 and $5,000 and may be an option if you need finance for emergency dental surgery. Payday lenders usually offer quick turnaround time, with some lenders able to send you your loan amount within 60 minutes. Keep in mind that the the repayment period is quite short, usually between 60 days and one year.
  • Line of credit or overdraft. A line of credit or overdraft is where the bank allows you to overdraw your account up to a certain limit. You are able to redraw anywhere up to and including this limit and then repay it over time at a fixed rate of interest.
  • Credit card. You also have the option of using your credit card to pay for dental work. Depending on the limit of your card you may be able to cover the costs of surgery or any other visits or check-ups. Just keep in mind that the rate of interest on your credit card is likely to be higher than the rate of interest offered by other personal loans, and with no set repayment period you may fall into debt if you do not keep on top of your payments.
  • Specialist dental loan. There are some lenders that offer loans tailored to dentistry and can help you finance a range of procedures. Specialist loans include payment plans through your dentist as well as third-party providers.

How you can compare your dental loan options

Here are some questions to ask yourself that will help you come to a decision:

  • What repayments can I afford? Depending on whether the rate being offered is fixed or variable, you should be able to work out a rough idea of what your repayments will be based on the loan’s interest rate and ongoing fees. See if this repayment will work with your budget.
  • How much do I need to borrow? Lenders place restrictions on how much you can borrow with certain loan products, so check to see their minimum and maximum loan amounts before you apply. Keep in mind you may not be approved for the full amount you want, regardless of whether it’s below their maximum amount offered, as this will depend on your income and credit history.
  • When do I need the money? Different lenders will offer different turnaround times, so it might be worth talking to the lender to find out when could expect to be approved before you apply. If you need money quickly, you might want to consider a payday loan, or check to see if your bank offers same-day loans for existing customers.
  • What is my credit history like? If you have any negative marks on your credit file, you will be restricted as to what kind of finance you can access. Check the eligibility criteria offered by lenders, or you may want to consider a payday lender.

Can I withdraw my super to pay for emergency dental work?

While you're normally not able to access your super until you reach preservation age, there are certain situations that will allow you to access your super early. Under "compassionate grounds" you can apply with the Department of Human Services to access your super early to pay for medical costs, which includes dental work.

Before you access your super, consider the other options you have available.

How you can apply for a dental loan

The application process will differ depending on the lender you apply with, as will the eligibility criteria. Click through to review pages on finder.com.au to find out what eligibility criteria is set by the lender and what documents you need to apply. If you've found a loan you want to apply for, click "Go to Site" to start your application.

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6 Responses

  1. Default Gravatar
    KathrynJuly 25, 2017

    I need dental work. I need dentures. I’ve had 2 implants but one is not good and needs replacing. Today my dentist tells me I need 4 implants in total in my lower jaw.
    Today I had impressions taken for dentures and the sister was over $1500. I have private health insurance but it’s not going to cover a fraction of the cost.
    I’m so worried. I’ve had a really traumatic time with my oral work since last October when I had a full dental clearance.
    What are my options?

    • Staff
      RenchJuly 28, 2017Staff

      Hi Kathryn,

      Thanks for reaching out to us.

      You can check this page for helpful information and where you can compare your options. Please fill out the search tool on the page and click on ‘Search Policies’ to provide you a list of dental insurances that suit your needs.

      Hope this helps.

      Best regards,
      Rench

  2. Default Gravatar
    annaOctober 11, 2016

    I need dental loan of $600 for Thursday 12/10

    • Staff
      ElizabethOctober 11, 2016Staff

      Hi Anna,

      I can’t recommend a lender for you but you can compare your personal loan options on the page above. Click through to the review page to see eligibility criteria and when you can expect to receive your loan amount.

      Hope this helps,

      Elizabeth

  3. Default Gravatar
    JoanneSeptember 3, 2016

    I would like to get a loan to get my theeth fixed please thank you

    • Staff
      ElizabethSeptember 5, 2016Staff

      Hi Joanne,

      You can compare unsecured personal loans on the page above, which may be used for dental work (depending on your eligibility). If you’re looking for a short-term loan, you can compare them on this page.

      Hope this helps,

      Elizabeth

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