Are you aware of the current cost of dental or medical procedures? If not, you’re in for a big surprise. Without insurance, your medical and dental costs may be a source of financial burden for you and your family. And can you afford to wait for the public system to get around to you?
When was the last time you visited your dentist to have a check-up? If your teeth are in excellent condition, you might not have to worry about having to shell out extra money for the service. But if you, or a member of your family, needs an expensive dental procedure, you may be torn between a hard choice of whether to dip into the family budget or postpone the procedure until you are able to save money for the procedure. Can you wait out the pain and discomfort?
The same goes for medical procedures. What if you were caught in a situation where, at the most unexpected or inconvenient time, you or a member of your family had to undergo a major medical procedure which is not covered by Medicare or your insurance? How are you going to deal with the financial repercussions of such a situation?
It’s a difficult choice between taking on a financial burden and being healthy, and waiting until you’ve saved up the money while staying sick. And even then, what if your condition was to worsen in that time? What if you’re the main breadwinner and that medical condition is affecting your ability to earn? Any emergency medical or dental procedure could have an impact on the family’s entire financial resources.
Fortunately, there are non-bank lenders that offer medical and dental loans to those who are in need.
Medical and dental loans are personal loans which qualified Aussie residents can apply for to help pay a whole range of medical and dental costs – including rehabilitation, medication and after care. This type of loan has similar terms as the other form of personal loans, and can be repaid in weekly, fortnightly or (depending on the lender) monthly repayments depending on which one is workable for you.
You can apply for this type of loan before undergoing the procedure, so you’re not left wondering how you’re going to pay for it. Processing is straightforward and fast, and approval is usually granted within 24 hours of submitting your application requirements.
Medical and dental procedures accepted for medical and dental loans include:
Cosmetic dental procedures – teeth capping or teeth whitening
Purchase and fit of new dentures
Corrective dental procedures – teeth straightening and braces
Surgical procedures – general, laser eye, ENT, plastic or cosmetic surgery
At home nursing care
Don’t forget: It’s also important with medical and dental loans to make sure you budget for your recovery period where you might not be able to work. All your energy should be going in to healing and regaining your health – not to worrying about how you’re going to pay your bills until you can get back to work.