Best Option For Someone With Bad Credit? (Dental Work)

screwedback

Hey guys, my credit score is basically horrible like even the worst payday loan sites won't give me money just to give you a picture. 

Anyway I currently undergoing treatment for dental implants for my front teeth via a private dentist (as NHS have done me more harm than good) and currently I've paid for the extractions outright and I should ideally be getting the new roots put in like yesterday for maximum recovery and success chance however I don't have the exact money at hand. 

The treatment for the two roots is £3,900 and I basically have two options;

1. Pay £3,000 up front on the 2nd of July (my appointment for the roots) and then £900 later

2. They have given me a link to a finance option which was originally £1,000 deposit and the rest on finance however I said I can pay £2,000 deposit in hopes that it might give me a better chance of being accepted.

Anyway so my question is regarding the options within the finance option which are; 

1. £316.67/month for 6 months, 0% APR

2. 158.33/month for 12 months, 0% APR

3. £85.33/month for 24 months, 7.9% APR

4. £62.97/month for 36 months, 12.9% APR

I'd like to know what finance option should I select for giving me the best chance of acceptance? I will also be able to pay the £3,000 up front if that is my only choice but it will leave me really tight as I only have £3,000 to my name currently but am able to take out part of my wage this month and then get paid on the 10th of July so will be okay but yeah just a bit of a tight fit.

Any help is appreciated, thank you!

Emmia

Can I be blunt. 

You can't afford implants, the fact you're asking this indicates you can't. 

Go back to your NHS dentist and get a much less expensive denture.

Voyager2002

To answer your question about acceptance for the loan: I doubt if your choice of payment option makes any difference. Having said that, choosing to borrow for longer and so pay interest rather than spreading the payments over a year interest-free could be a sign of financial stress, so perhaps an interest-free option might look better. Provided, of course, that the information you have given them about your monthly income and outgoings leaves room for the repayments.

screwedback

Emmia said:

Can I be blunt. 

You can't afford implants, the fact you're asking this indicates you can't. 

Go back to your NHS dentist and get a much less expensive denture.

Sorry but this is such a ridiculous. Yeah maybe I can't afford implants outright and am making ends meet to do it but the fact is that I can do it...

Secondly you want me to leave the health of my teeth to NHS dentists who have failed me on numerous occasions? I've been to plenty of them believe me and they're con artists at best. 

I'm 34 years old, it's my front two teeth and you are suggesting for me to get dentures lol instead of implants which are the next best thing to real teeth? 

screwedback

Voyager2002 said:

To answer your question about acceptance for the loan: I doubt if your choice of payment option makes any difference. Having said that, choosing to borrow for longer and so pay interest rather than spreading the payments over a year interest-free could be a sign of financial stress, so perhaps an interest-free option might look better. Provided, of course, that the information you have given them about your monthly income and outgoings leaves room for the repayments.

Thanks mate I will give the no interest option a go!

WinterWeather

I strongly suggest you make the option of implants work. A dental implant, if looked after properly (interdental brushes to clean, regular hygiene visits to clean under the gum line and regular, thorough brushing) can and do last long-term/lifetime. 

One I have is now 14 years old and it was the best money I’ve ever spent. A titanium implant  protects the integrity of the jaw bone, the shape of your face, your mental health and your smile. Your front teeth are so prominent, I’m pretty sure at 34 you wouldn’t want to be taking a *denture* out at night and popping it in a cleaning glass - how sexy for your partner beside you ugh. 

A denture would affect your mental health, an implant preserve and bolster it. It’s a no-brainier to me and would be to most people. Cost stops most people. I’d go into debt for an implant. I didn’t have to and neither do you, you have most of the cash saved up. Either wait longer to get it, when you have all the cash or take the 0%. Either way, get one. You won’t regret it, a denture would cost maybe £900 ugh …. For what, to be a gummy in bed. I wouldn’t xx

MEM62

screwedback said:

Emmia said:

Can I be blunt. 

You can't afford implants, the fact you're asking this indicates you can't. 

Go back to your NHS dentist and get a much less expensive denture.

I've been to plenty of them believe me and they're con artists at best.  

This is simply not true for the majority of us.  NHS dentistry is perfectly fine. 

That said, if you want to pay for it then, as @Wint@WinterWeather suggests, you save up for the balance.  You are not that far off.  

WinterWeather said:

A denture would affect your mental health

Again, a generalization that does not apply to many.  We are not all that fragile that we will have mental heath issues simply because we have to wear a denture.    
   

screwedback

@WinterWeather Yeah I'm 100% set on getting one and didn't even consider another option, I don't know what the people saying otherwise are smoking. Probably NHS dentists lol.

@MEM62 Well then I guess you are lucky because I can give you numerous personal accounts about how badly they've cocked up my teeth along with many other people I know who have also had horrible experiences through NHS dentists, maybe you live in less dense area where they probably have to do a good job I don't know. I've not come across one NHS dentist who wasn't seedy/manipulative to get more work done, or outright bad + a slew of other things.

Also I don't think it has anything to do with generalising does it? It's literally about your health an implant does a better job at maintaining your bone health than a denture does period. So in essence if you have a denture and your bone health begins to deteriorate, face begins to change or whatever and other issues that can occur I'm sure that would affect you. It's not like it's just some vanity thing the health of your teeth deteriorating. Personally for me I don't have the best teeth due to being allowed to eat a lot of sugar as a kid so I'm taking 0 chances. 

retiredbanker1

I would like to know if the finance offered is credit checked?
If not why not?

If they give you the money to pay the dentist then you fall behind with repayments - they send in debt collectors etc - then you complain the finance was mis-sold to you and you want it written off.
There must be some way that they can check that you can afford it.

Emmia

retiredbanker1 said:

I would like to know if the finance offered is credit checked?
If not why not?

If they give you the money to pay the dentist then you fall behind with repayments - they send in debt collectors etc - then you complain the finance was mis-sold to you and you want it written off.
There must be some way that they can check that you can afford it.

Repossession if you don't pay would be "interesting"

I'd have thought you'd be credit checked for this - so if you can't get a payday loan due to poor credit, I'll be surprised if they let you have dental implants on finance.

Grumpy_chap

screwedback said:

a private dentist (as NHS have done me more harm than good) and currently I've paid for the extractions outright and I should ideally be getting the new roots put in like yesterday for maximum recovery and success chance however I don't have the exact money at hand. 

screwedback said:.

you want me to leave the health of my teeth to NHS dentists who have failed me on numerous occasions? I've been to plenty of them believe me and they're con artists at best. 

I don't understand the dislike expressed for NHS Dentists.  Most, if not all, Dentists I have ever met work in both NHS and Private practice.  You can literally have one patient seen by an individual Dentist under NHS and the very next patient seen by the same individual in the same room but as a private patient.  In fact, I think this "hybrid" style is common across medical professionals on quite a wide basis.  If an individual is a "con artist" when delivering NHS work, that same individual will still be a "con artist" when delivering private practice.  There is not, to the best of my knowledge, any greater prevalence of "con artists" amongst Dentists than any other profession; in fact I would suspect the prevalence to be lower than the average.

As for the core question asked about the finance, the best thing is to simply pay outright if you can (even if that means waiting a short while for the treatment if that is possible).  That's also the most likely simplest option given the challenging credit record you have.  Is there any possibility of a discount on the fee for payment in full (rather than the Dentist having to suffer the interest costs associated with the interest-free options)?  If you must go for finance, then one of the zero-interest options would seem to be the best so long as there are no fees.

Finally, if this were me and your position as described in the thread, I would be investigating the options for treatment under NHS rather more thoroughly.  That would be my choice.  You are entitled to a different choice.