Care Credit?!
Question:
Care Credit?
My husband and I don't have very good credit, what are the odds that we would be approved by Care Credit for about $2000 worth of dental work?
Answers:
Care Credit is how about 50% of my patients pay for their dental work. I have spoken to the Care Credit representative for our area before, and according to him, they use the 3 top credit scoring companies: TransUnion, Equafax, and Experian (Hope I spelled those right.) It isn't always those with bad credit who get refused. People with too much credit can also get denied, as they are considered a credit risk. Most of my patients already know up front when they are going to be denied. If they have really bad credit or a bankruptsy, then they don't bother applying. I have , however, had people who never thought they would be approved, get approved.
In my office, we offer 12 months interest free on the Care Credit, and after that it is about 11.9% APR.