FAQs

Medical and healthcare procedures and treatment can be financed with an Unsecured Personal Loan.

An application for a personal loan for healthcare expenses requires ID, proof of income and Australian residency, asset and liabilities details, bank statements and other financial documentation. Applicants must be over the age of 18.

If the patient is an Australian resident and returning to Australia after the procedure to repay the loan, medical procedures being carried out overseas may be considered eligible for funding by Australian lenders.

Interest rates are offered by lenders based on their assessment of the individual application.

Healthcare loans can be used for a wide range of procedures including dental expenses.

Hip replacements can be eligible for medical procedure loans.

Lenders will typically want details of the purpose for the funding when considering loan applications. Approval for different types of procedures and treatments can be subject to lender guidelines and criteria.

Many personal loan applications can be approved in 24 hours with funds released promptly after settlement.

The term for a personal loan is approved by lenders after an assessment of the application. Terms for personal loans can vary from 1 year to 5-7 years.

A Personal Loan Calculator can be used to calculate estimates on repayments. These are only estimates as the calculator does not allow for fees and charges and the interest rate offered may differ from the rate displayed by the lender.