Can I pull a credit report for in office dental financing?
You can, as long as the patient signed the right paperwork, and you should. If you offer in office financing, you have the right to obtain a credit report, and the consent for it is usually already buried in the financial documents you have patients sign. The minute the patient leaves, order it. Knowing whether someone has good credit tells you two things. Whether in office financing makes sense, and how much time you should spend chasing third party lenders for them. A service like MicroBuilt.com handles this cheaply. Call them, set up the one at a time option, pay the setup fee, and then each report costs very little, which is nothing against the size of the cases you are presenting. Stop guessing at a patient’s financial picture when you can simply know it.
If the answers you are finding here resonate with you, my team and I work with a small group of clients each year. The next step is a complimentary Discovery Consultation and Practice Review with Dr. McAnally.