What should I know about a NOW Finance medical loan?

Treating health problems as soon as you become aware of them is vital for your long-term wellbeing. However, many people worry about the costs of hospital and medical bills so delay getting the treatment they need when they need it. If that’s the situation you find yourself in, then a medical loan could be the right solution for you.

At NOW Finance, we offer medical loans in Australia to cover medical and dental expenses. Whatever your health issues, NOW Finance can help with the financial side.

What is a medical loan?

Medical loans are a type of personal loan. They are used to help pay for medical procedures and other medical expenses, such as medication and equipment. Dental costs are also covered by medical loans in Australia.

When you receive approval for a medical loan, you use the money to cover your medical or dental bills. You must repay the loan, plus interest, in fixed instalments over an agreed timescale.

Using a personal loan to pay for your medical costs is an excellent way to take care of your health. You stand a much better chance of improving your overall health and well-being by getting timely medical care. In turn, this will enhance your quality of life.

Medical loans that take care of your expenses

Whether your medical or dental expenses add up to a big or small amount of money, NOW Finance can provide a medical loan for you. The amount you can borrow ranges from $5k to $50k for an unsecured loan or up to $100k for a secured loan. A secured loan means you’ll need to use an asset, such as a car, as collateral. Most medical loans are unsecured.

Use our eligibility checker now to see if you meet the criteria for a medical loan.

Looking after our customers

NOW Finance is not a bank. When you apply for one of our medical loans, you’ll receive top-quality customer care. Your loan journey will be met with friendly, professional, hassle-free service at all stages. It could be more expensive when you take out a bank loan for medical treatment, especially if you end up paying excessive fees on top of your loan.

With NOW Finance, you’ll also have your own personal loan advisor who’ll be available to guide you through all the steps of the loan process, from the application phase through to settlement and beyond. Your personal loan advisor will be ready to answer any questions you may have about your medical loan at any time.

We pride ourselves and stride to supply a more personal service compared to when you try and acquire a bank loan for medical treatment.

Learn more about how it works.

Competitive interest rates for medical loans

NOW Finance offers competitive interest rates on medical and dental loans in Australia. Getting a competitive interest rate is crucial because you may need some time to get back on your feet after a medical procedure. Your earning capacity may be reduced for a while. The less interest you have to pay, the better your financial and mental health.

No fee medical loans

There are often many unpleasant surprises when it comes to fees and charges for medical and dental care. The same is not true of NOW Finance medical loans.

We have no fees. Our comparison rates are the same as our interest rates. If you’re comparing medical loans between different lenders, you’ll find that NOW Finance has no hidden fees. That means no establishment fees, no monthly fees, no fees for extra repayment fees and no early repayment fees.

Why NOW Finance? Because we take it upon ourselves to make getting a medical loan a more comfortable alternative to getting a bank loan for medical treatment.

Award-winning personal loans you can trust

Just as it’s important to choose the best medical care you can afford, it’s also essential to choose the best lender for your medical loan.

NOW Finance has won a handful of InfoChoice Banking Awards and multiple Mozo Experts Choice Awards for personal loans. We’re also highly rated and reviewed by our customers on Trustpilot and Product Review.

Contact us

Don’t delay getting the medical or dental treatment you need because you’re worried about financial hardship. Call NOW Finance today to learn more about our medical loans in Australia.