Medical loans can help you get better, quickly

Need medical work done? Can’t foot the bill?

Medical bills can quickly add up. Learn how a medical loan can help you get the help you need.

What is a medical loan?

A medical loan can help you borrow the money you need for anything related to your health.

You can use a medical loan for:

  • Major or minor operations
  • Elective surgery
  • Cosmetic surgery
  • Endocrine Surgery
  • Reconstructive Surgery
  • Preventative Surgery

Why choose a medical loan?

Health problems impact your wellbeing and general quality of life.

When your health’s not right, not much else can matter.

When you’re not healthy, your relationships can suffer and opportunities you’d normally jump at you let slip through your fingers.

Taking time off of work can end up costing you a lot.

If you’re putting off getting medical help because you’re short on money, then consider a medical loan. Get better, sooner and get back to enjoying the rest of your life.


Medical loans can differ greatly. Don’t make it a major operation. Give us a call and we’ll walk you through your options.

Medical loan features

Fixed interest rate

If knowing your monthly repayment won’t change is important to you, consider a fixed-rate loan.

Flexibility to make extra repayments

If you plan to make extra repayments to your loan to pay it off early, make sure your loan allows for this at no additional fee. Some loans may charge you a break-fee to payoff your loan early.

Flexible repayment frequency

Paying off your loan every fortnight rather than every month means you make more repayments in a year. This means you could pay less interest over the life of the loan and pay the loan off sooner. If that’s important to you, make sure you check to ensure this is possible with your debt consolidation loan.

Automatic repayments

Would you like the loan repayment to come out of your bank account automatically? This can help you avoid missed payment fees. A good strategy can be to have your loan payment come out automatically on the day after you are paid.

Contact us today

We’ll help you get the medical loan you need, no hiccups.

Apply to borrow up to $15,000 now!

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Here's what a loan might look like

Here's what a small loan might look like...

You're after a loan for $1,000 for medical or dental bills. Your are looking to repay the loan back after 6 months and are happy to make fortnightly payments.

Here's what a medium loan might look like...

You're after a loan for car repairs for $2,500 and are looking to make payments back on a weekly basis over 2 years.

Small Loan Example


Loan Amount

  • 13XRepayments
  • $110.77=Per Fortnight
  • $1,440.00Total Payments
Loan length:26 weeks

Medium Loan Example


Loan Amount

  • 104XRepayments
  • $43.19=Per Week
  • $4,490.88Total Payments
Loan length:104 weeks

In the above example You'll pay:

  • Loan Amount Financed:$1,000
  • Establishment Fee:$200(set by NCCP at 20% of the loan amount)
  • Monthly Permitted Fee:$40per month charged on the anniversary of the loan
  • Amount of Credit of the Loan:$1,240
  • Total Amount of Interest Payable:NIL
  • Direct Debit Fees:$25.74($0.99 per transaction)
  • Total amount of repayments:$1,440.00
  • Nominal Percentage Rate (Interest) per annum:0% as defined by NCCP
  • Comparison Rate: 160.0571% as defined by NCCP

In the above example You'll pay:

  • Loan Amount Financed:$2,500
  • Establishment fee:$400(Set by NCCP)
  • Amount of Credit of the Loan:$2,900
  • Total Amount of Interest Payable:1,590.86
  • Repayments:103 x $43.19 + $42.31(a final payment)
  • Total amount of repayments:$4,490.88
  • Nominal Percentage Rate (Interest) per annum:48% as defined by NCCP
  • Comparison Rate: 65.5138% as defined by NCCP

WARNING: This comparison rate is accurate and applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.

See our fullFee Statement for fee details.

"These examples are provided for illustrative purposes only. They do not represent an offer from Rate Detective Pty Ltd. A Spotter Loan is subject to the completion of an application, which is subject to responsible lending checks that take your personal needs and financial circumstances into account."

For loans under $2000 the minimum repayment term 90 days, maximum repayment term 12 months.