Should a dental practice offering in-house financing pull credit reports on patients, and what service makes that possible? Yes. Any practice extending in-house financing for dental treatment has the legal right to obtain a credit report on the applicant, and pulling the report before approving financing is basic risk management. The report tells the practice what kind of payment behavior the patient has shown across other obligations. Without it, the practice is extending unsecured credit blind and absorbing default risk it has no way to price. Services like MicroBuilt.com offer single-report pulls on a pay-as-you-go basis after an initial setup, which [...]

Should a dental practice offering in-house financing pull credit reports on patients, and what service makes that possible? Yes. Any practice extending in-house financing for dental treatment has the legal right to obtain a credit report on the applicant, and pulling the report before approving financing is basic risk management. The report tells the practice what kind of payment behavior the patient has shown across other obligations. Without it, the practice is extending unsecured credit blind and absorbing default risk it has no way to price. Services like MicroBuilt.com offer single-report pulls on a pay-as-you-go basis after an initial setup, which [...]

Should a dental practice offering in-house financing pull credit reports on patients, and what service makes that possible? Yes. Any practice extending in-house financing for dental treatment has the legal right to obtain a credit report on the applicant, and pulling the report before approving financing is basic risk management. The report tells the practice what kind of payment behavior the patient has shown across other obligations. Without it, the practice is extending unsecured credit blind and absorbing default risk it has no way to price. Services like MicroBuilt.com offer single-report pulls on a pay-as-you-go basis after an initial setup, which [...]