Financing braces question

[tandi]

no credit check 1500 down and monthly payments over 15 months. i didn't even have to sign anything.

[tandi]

no credit check 1500 down and monthly payments over 15 months. i didn't even have to sign anything.

[mtbrncofn]

I'm slightly confused by the responses to 'financing.' My ortho has 3 payment types: pay in full w/ discount, give initial lump payment then monthly payments, or setup a loan with CapitalOne and get financing through them.
I'm doing the Intial payment + monthly payments, which doesn't require a credit check.

This is the link to Capital One & you can look up an ortho (or other dental specialists) to see who offers this payment option:
http://www.capitalonehealthcarefinance. ... 213B976ED4

Those are the same options my ortho offered as well. I had a credit check run on mine though. Then again, I was unsure at that time how I wanted to do it.

If you don't mind, what was the discount offered to you if you paid in full? Mine was 5%.

[brace yourself]

same here, no credit check. About $900 down and monthly payments for 24 months through the ortho office.

[MTB4Me]

If you have a FSA through your work why don’t you take advantage of that? It takes a little forethought on your end because FSA's usually have to be set up when renewing your insurance every year and its a use it or lose it type of thing so you would have to plan accordingly. Also depending on your yearly income and the cost of the braces you might then fall in to another tax bracket due to this amount being subtracted from your yearly income which could benefit you when it come to tax time if there are any accountants out there please correct me if I am spreading misinformation. On of the other benefits is that this is pre taxed dollars and there is no interest like on a CC or other financing options its just a thought but this is the rout I decided to take.

So a thought occurred to me today. I plan on financing my braces, as I don't have any insurance and I'm wondering how big a part your credit report will play. I have about zero credit( I say 'about' because I just financed my first car and dont have a payment due till april.. had to put $3500 down to get financing). I have been employed at the same place for over 6 months, and am in a very good financial situation right now. It seems always saving and paying cash might come back and bite me in the arse..

[mytch]

I'm in Sydney, Australia and had the same as most others: $950 AUD down and $200 AUD a month (approx) over the course of the treatment.

[adollface]

I put $300 and $155 a month for 20 months (regardless if I finish treatment early). No credit check and no contract. And no interest. For my daughter we decide how much we put down and that will determine the monthly payments over a years time (that the amount of time the expect her to be braced for) and than they'll take the payment directly out of our account. Same ortho just a new process but still no credit check and no interest.

Amy
Damon 2's top and bottom
braced 12-16-04

[Way Too Old For This]

In fact, I was fully braced before I'd paid a single dollar to the office. They may be atypical in their trustworthiness of their patients, however.

Same here. After they put my braces on and I was making my next appointment, I said I needed to make my down payment, and they said, oh no we'll send you a bill. I did sign a contract however, so I guess they felt that was enough of a committment.

Mine was $1500 down and $160/mo for 24 months. Then my insurance decided to cover adults for a max of $1,500. Yay!

[TracyJean]

Fortunately, my insurance company started covering up to $1500 for braces a few years ago so there's nearly half of the insurance negotiated rate (the negotiated rate is $800 less than what the ortho normally charges for what I need done). The rest is in-house financing, $200 down and $109 a month for 15 months

[SamanthaClavier]

i had to pay $195 (first vist ) then $1000 down and $135 a month??? i was supposed to get a booklet to mail payments but i didnt get one???i didnt sign a contract either...