Britons have taken out personal loans worth an estimated 60.2 million pounds ($97.6 million) to fund private dental treatment, according to a Press Association story.
An analysis by Sainsbury's Finance showed that nearly 7,000 loans have been taken out to fund dental surgery in the U.K. since the beginning of 2007, the news service reported.
The average size of a personal loan used entirely for dental treatment is 6,492 pounds ($10,527), roughly the cost of two dental implants, two dental crowns, and teeth whitening treatment, according to Sainsbury's.
The bank estimated that, in 2007, 3.3 million pounds ($5.3 million) worth of loans were taken to fund dental treatment, increasing to 9.4 million pounds ($15.2 million) in 2008. In the first three months of this year, 3.2 million pounds ($5.2 million) in loans were taken out for dental treatment, the Press Association reported.
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