15+ years financial advisory • Bad credit financing specialist
⚡ The Bottom Line
Denefits is the last resort that actually works. 100% approval means you WILL be approved—no credit check, no denial. This is invaluable if you have bad credit or have been rejected everywhere else. The tradeoff is potentially higher interest rates, but getting approved is better than not getting care.
🎯 Why Denefits Exists
Traditional healthcare financing like CareCredit requires 620+ credit scores. Sunbit approves 85%. But what about the people who get rejected? That's where Denefits comes in—guaranteed approval for everyone, because healthcare shouldn't depend on your credit score.
What is Denefits?
Denefits is a healthcare patient financing company founded in 2014 with a unique mission: approve everyone. Unlike traditional healthcare credit that rejects people with bad credit, Denefits uses an alternative approval system that doesn't rely on credit scores.
Denefits works by:
- Bypassing traditional credit checks entirely
- Evaluating ability to make payments, not credit history
- Working with healthcare providers to offer financing directly
- Taking on the risk that other lenders won't
Denefits Key Facts
100% Approval: What It Really Means
When Denefits says "100% approval," they mean it. Every applicant who meets basic requirements gets approved.
Basic Requirements
- 18+ years old
- Valid ID
- Bank account or debit card
- Source of income (any amount)
That's it. No credit score requirement. No minimum income. No rejection.
Approval Rate Comparison
| Financing Option | Approval Rate | Credit Check |
|---|---|---|
| Denefits | 100% | None |
| Sunbit | 85% | Soft |
| Cherry | ~80% | Soft |
| CareCredit | ~60% | Hard |
No Credit Check: How It Works
Denefits doesn't pull your credit report. At all. They use alternative methods to assess your ability to pay:
- Bank verification: Confirms you have an active account
- Income verification: Basic proof you have income
- ID verification: Confirms your identity
💡 What This Means For You
- Applying won't hurt your credit score
- Bad credit, no credit, collections—doesn't matter
- Recent bankruptcy? Still approved
- High debt-to-income? Still approved
Does Denefits Report to Credit Bureaus?
This varies. Some Denefits plans report to credit bureaus (can help build credit), while others don't. Ask your provider which type of plan they offer.
Denefits Interest Rates: The Tradeoff
Because Denefits approves everyone—including high-risk borrowers—their interest rates can be higher than traditional options.
| Plan Type | APR | Terms |
|---|---|---|
| 0% Promotional | 0% | 3-12 months |
| Standard | 9.99% - 19.99% | 12-48 months |
| Extended | 14.99% - 24.99% | 24-60 months |
⚠️ Important Note on Rates
Rates depend on your provider and plan. Some providers offer 0% options; others don't. Always ask about the specific APR before signing. Higher rates are the tradeoff for guaranteed approval.
Is Higher Interest Worth It?
Consider this: If you have bad credit and need a $3,000 dental procedure:
- CareCredit: Rejected (no care)
- Sunbit: Maybe approved, maybe not
- Denefits at 19.99% APR: Approved, get care, pay ~$600 interest over 24 months
$600 in interest vs. not getting healthcare? For many people, the choice is clear.
How Denefits Works: Step-by-Step
- Find a provider — Ask if they accept Denefits or check the directory
- Apply at the office — Usually takes 5-10 minutes
- Get approved — 100% approval means no rejection
- Choose your plan — Select term length and payment schedule
- Receive care — Provider delivers services
- Make payments — Autopay from bank account or debit card
Payment Options
- Weekly payments (some plans)
- Bi-weekly payments
- Monthly payments
- Autopay required (reduces default risk)
Where Can You Use Denefits?
Denefits works with healthcare providers across multiple categories:
- Dental offices
- Veterinary clinics
- Cosmetic surgery
- Dermatology
- Fertility clinics
- Optometry
- Chiropractic
- Med spas
Note: Denefits has fewer providers than CareCredit (275K+). Ask your provider directly if they accept Denefits.
Denefits vs Other Healthcare Financing
| Feature | Denefits | CareCredit | Sunbit |
|---|---|---|---|
| Approval Rate | 100% | ~60% | 85% |
| Credit Check | None | Hard | Soft |
| APR Range | 0-24.99% | 0% (deferred) or 26.99% | 0-35.99% |
| Providers | Limited | 275K+ | Growing |
| Best For | Bad credit | Good credit | Fair credit |
Denefits Pros and Cons
✅ Pros
- 100% approval guaranteed
- No credit check
- Bad credit, no credit OK
- 0% options available
- Flexible payment terms
- Get care you need
❌ Cons
- Higher interest rates possible
- Fewer providers than CareCredit
- Autopay required
- Less transparent pricing
- Provider availability varies
Who Should Use Denefits?
✅ Denefits IS Right For You If:
- You have bad credit (under 600)
- You've been rejected by CareCredit
- You have no credit history
- You've had recent bankruptcy
- You need healthcare and have no other options
❌ Consider Other Options If:
- You have good credit (670+) — try CareCredit first
- You have fair credit (600-670) — try Sunbit (85% approval)
- Your provider doesn't accept Denefits
- You qualify for lower-rate options
Denefits FAQ
No. Denefits does NOT perform credit checks. They approve 100% of applicants based on ability to make payments, not credit score.
Yes. Denefits is a legitimate company founded in 2014, BBB accredited, and used by thousands of healthcare providers. They've processed millions in patient financing.
Denefits rates range from 0% to 24.99% APR depending on the plan and provider. Because they approve everyone, rates can be higher than traditional options. Always ask for specific terms before signing.
Yes! Denefits is designed specifically for people with bad credit. They don't check your credit score—100% approval rate means everyone gets approved.
The tradeoff for guaranteed approval is potentially higher interest rates. Because Denefits approves high-risk borrowers, they charge more to offset defaults. Always compare to other options if you have decent credit.
Final Verdict: 4.0/5 ⭐
Denefits serves a critical need: guaranteed approval for people with bad credit. If you've been rejected everywhere else, Denefits is your answer. Higher rates are the tradeoff, but getting healthcare is more important than interest costs.