Medicred is a UK-based healthcare finance provider specialising in helping patients spread the cost of private healthcare, including dental treatments. Medicred provides a range of finance options designed to allow eligible customers to spread the cost of treatment over monthly repayments.

Founded in 2023, Medicred works with healthcare providers across the UK, including dental clinics, to make patients aware that finance is available as a payment option.

Medicred is responsible for the entire finance application process, including assessing eligibility, affordability and creditworthiness, carrying out the relevant credit checks and making all lending decisions. If an application is approved, the finance agreement is directly between the customer and Medicred, with monthly repayments made to Medicred by Direct Debit.

Medicred finance is available for a wide range of private dental treatments, including general dentistry and restorative procedures. Whether you need fillings, crowns, bridges, root canal treatment or dental implants, a Medicred payment plan can provide an option to spread the cost over monthly repayments.

Dental finance may also be available for cosmetic dentistry treatments, including teeth whitening, veneers and composite bonding, as well as orthodontic treatments such as Invisalign and traditional braces.

The amount of finance available and your eligibility for a Medicred payment plan will depend on your individual application and Medicred’s eligibility, affordability and creditworthiness assessments.

To qualify for a Medicred payment plan, applicants must meet the following criteria:

• Age requirement: Applicants must be at least 18 years old.
• Residency: Applicants must be residents of the United Kingdom.
• Bank account: A valid UK bank account is required for direct debit payments.
• Credit Check: Applicants must pass Medicred’s creditworthiness and affordability assessments.

All loans are subject to eligibility, creditworthiness and affordability assessments carried out by Medicred.

These checks help Medicred determine whether the loan is affordable based on your individual financial circumstances.

Terms and conditions apply to Medicred’s finance agreements and will be provided as part of the application process. If your application is approved, you should review the terms carefully before signing your finance agreement.

No, Direct Dental is not a lender. If you would prefer to spread the cost of your dental treatment, finance may be available directly from Medicred, a specialist dental finance provider. Medicred acts as the lender, offering a range of dental finance options that allow patients to spread the cost of eligible treatments over monthly instalments.

If you choose to apply for dental finance, your application is made directly with Medicred. Medicred will assess your application, including your eligibility, affordability and creditworthiness, and is responsible for all lending decisions. If your application is approved, you will enter into a finance agreement directly with Medicred and repayments will be made to Medicred.

Direct Dental can provide information about the cost of your proposed dental treatment and make you aware that Medicred finance is available as a payment option. Any questions about dental finance, eligibility, the application process or an existing finance agreement should be directed to Medicred.

Yes, you can repay your Medicred finance agreement early without any penalties. You have the flexibility to settle your balance at any time without incurring additional charges, which can reduce the overall length of your repayment term.

If you decide to repay your dental finance early, simply contact Medicred’s customer service team and they will provide you with a settlement figure. 

As your finance agreement is directly with Medicred, any questions about early repayment, settlement figures or your remaining loan balance should be directed to Medicred’s customer service team.

If you miss a repayment on your Medicred finance agreement, you will not be charged a late payment fee. However, it is important to contact Medicred as soon as possible if you have missed a payment or are experiencing difficulty making your monthly repayments.

Medicred will discuss your circumstances with you and explain the options that may be available. Keeping in contact with Medicred can help them understand your situation and provide appropriate support if you are experiencing financial difficulty.

To help avoid missed payments, you may wish to set up a reminder to make sure there are sufficient funds available in your linked bank account before your Direct Debit is due.

As your finance agreement is directly with Medicred, any questions or concerns about missed payments, monthly repayments or your payment plan should be directed to Medicred’s customer service team.

You don’t necessarily need a perfect credit score to apply for dental finance with Medicred. When you apply, Medicred considers a range of information to assess your application, including your credit history, eligibility, affordability and creditworthiness.

Your credit score and credit history form part of Medicred’s assessment, but applications are assessed based on your individual circumstances. Applying for a Medicred payment plan does not guarantee that your application will be approved.

Direct Dental is not involved in assessing finance applications and cannot advise whether your application is likely to be accepted. If you’re concerned about your credit history or have questions about eligibility for dental finance, you can find further information or apply directly with Medicred.