Loans for Medical Expenses

The amount you can borrow depends on your income, expenses, and what you can comfortably afford to repay. It’s worked out based on your individual financial situation and the amount you need.

Interest rates depend on factors like your credit history and financial situation. A strong credit profile can often help secure a lower rate.

Current fixed interest rates range from 7.95% p.a. to a maximum of 29.95% p.a. on a minimum 12 month to a maximum 60-month loan term. The actual interest rate charged to you will depend on your circumstances, the type of lending required, the security provided, and the lender.

Medical Expenses loans include an Establishment Fee and Introducer Fee, and may include ongoing account or other fees. It’s a good idea to review all fees upfront, so you know exactly what to expect. You can view more about Lender Fees here, and how we are remunerated here.

Loan terms typically range from one to five years.

You can use it for a wide range of healthcare costs—hospital bills, surgeries, dental care, specialist treatments, or even ongoing therapies. It’s designed to help ease the financial strain of medical expenses.

Loan amounts usually range from $3,000 to $100,000, depending on your financial circumstances and the costs you need to cover.

Not necessarily. Options may be available for a range of credit histories, subject to lending criteria and responsible-lending (affordability) checks. Our advisers can assess your situation and outline suitable options and costs. Fees apply; rates depend on your profile, amount, term and security (if any).