Compare Medical Loans

Get your health and well-being in order.
Starting Your Medical Loan.
$
years

More
Options.
More
Well-being.

Money can’t buy happiness, but it sure can fix a broken arm.

To secure, or not secure your loan?

that is the question

To secure or not to secure your loan, that is the question! If you don’t know what those words mean when they pop up in our comparison tool, you’d better read on and learn quickly!

Secured.

With a secured loan, the borrower has to put up an asset as security for the loan; when failing repayment, the lender takes possession of the secured asset to cover the costs. If the sale of the asset doesn’t cover the full amount owing, the borrower must pay the difference too.

Most of the time with loans for purchasing high value assets like cars or motorcycles, the new asset itself is the security. If you don’t pay the lender back, your fancy new motorcycle is going straight into the lender’s hands.

The main reason to go for secured loans is that they usually come with a lower base interest rate, as the risk to your lender is lower. While there seems like there’s more risk for you, as long as you have a solid plan for repayment, everything should be smooth cruising under a lower rate.

Unsecured.

In an unsecured loan scenario the lender does not use any assets as a security (no collateral). This comes with a higher charge interest rates when compared to secured as the risk is more for the lender.

These types of loans are not generally for cars, because you can usually save money by using the vehicle as security. Some situations that an unsecured loan might be useful for a car, is if the car being purchased is not an acceptable asset for that specific lender, if the asset is too old or even if you wish to borrow more than the actual purchase price by a substantial amount to cover costs or customisations to the car.

LoanOptions stands by you, no matter what.

How much does my lender need to know?

Generally speaking, lenders like to know what they’re getting into before approving a loan. Besides asking for information such as payslips and credit history, they might also require you disclose what specifically you’ll be using the medical loan for. There are loans that are the “no questions asked” kind, though you should confirm if the rates and other parameters are the best for you. We will respect your privacy as much as we possibly can.

The information you provide to the lender can affect their decision making.

Interest rates: They never stop.

Lenders have the power to increase or decrease your interest rates if the rate isn’t locked on the loan. However, even if the rate is listed as locked, they still have the right to make changes if information provided in your application gives them reason to do so.

There’s always the possibility that you get worse rates than others if you need a risky surgery, or a relatively unknown treatment program. Worse case scenario, you might have trouble getting approved for the loan, even. This is especially troubling if combined with other factors lenders consider undesirable, such as having low income.

LoanOptions stands by you, no matter what. We help you look for the best options available to you given the circumstances. And if one lender is harsh on you, don’t forget that you have plenty of others to check out. The last thing we want is for anyone to get kicked while they’re down–that’s just not cool.

You Must Recover!

After a big surgery, your body needs time to recuperate. Chances are you might not be in position to work for an extended period of time immediately afterwards. Similarly, if you’re in need of some sort of treatment or therapy, there’s a chance that you may have to take time off work for that.

It’s all fine if you have a bunch of sick leave saved up, or if your job comes with related benefits, but for those without such luxuries, you may have to accept that you might have reduced or even zero income for a while.

Uh oh, suddenly a loan that would be a piece of cake to repay might seem quite a bit more daunting. LoanOptions’ loan comparison tool has all the important info you need to judge how suitable a loan is for you, but don’t forget to take into account your own circumstances before you make any decisions.

A Cure For Your Finances

Good health should always be your #1 priority in life. If it’s not, then maybe something’s getting in the way of that… such as money. Medicine, treatments and surgery can all be huge expenses, acting as the major and final barrier between you and feeling better.

When you put off seeing a medical professional or getting the procedure you need, not only do you prolong your suffering, but your condition only gets worse. Perhaps instead of waiting until it’s too late, it’s better to take out a loan now and take care of one problem.

If you’re sick, the last thing you need is more stress; looking through the overwhelming horde of lenders available is the definition of stress. Aspirin’s not going to help with that headache!

Here’s where LoanOptions comes in. With the click of a button, our AI-powered comparison tool sifts through 60+ lenders for you, including big banks and private lenders, then neatly arranges all your choices and relevant info in plain view. Leave the hard work to the AI, and then take your pick and focus on your well-being.

No Bull#@*% here.

We’ll tell you what you need to know, enquire with LoanOptions and take one step closer to getting your business loan.

Loan
Diagnosis.

There’s a lot of medical conditions that lenders are willing to help with, such as:

Eye surgery

Dental care

ENT treatment

Orthopaedics

Cosmetic surgery

Veterinarian services

Secret fees.

The devil is in the details, and it can be more than a pain if you do not read the fine print properly or if not all associated fees are brought to your attention as a borrower.

Ask yourself these questions:

Entry/Exit Fees.

Are there any entry or exit fees?

Late Payments.

What are the late repayment fees?

Early Payments.

Are there fees for paying your loan off early?

Added Costs.

Are there any other added costs that could come up?

Still have questions?

If you have any questions or enquiries,
visit our FAQ bunker or give us a call

The cool people.

5/5 Rating
383 reviews
Loan Option
5 star reviews

More than 383 smiles, laughs & warcries

See Testimonials
stay cool, stay coolLoan Option
Loan Option
Vicki Fraser
4 days ago

Chantelle is amazing to deal with, nothing was too much trouble, she was thorough and extremely helpful and accommodating to my requests. Chantelle worked out the best solution for my personal needs to move forward with my life and she ensured I was informed every step of the way.? I cannot recommend Chantelle highly enough. A huge thank you Chantelle ?

Smile No. 371
Loan Option
Mary Ann Luague
4 days ago

Pan Bhandge was very efficient and professional. The transaction was seamless and fast I never have to worry about anything. I'm very very busy so that matters. Not only did I get a good fair deal, it saves me from looking around.

Thank you Pan. You deserve the five star

Smile No. 372
Loan Option
Mrskat Charman
4 days ago

Pan was a great help in finding me the right personal loan. He always kept me up to date with the process and was alway available should I have any questions. I really recommend Loan Options. Excellent service thanks again Pan ?

Smile No. 373
Loan Option
Paul Ciantar
4 days ago

Great service quick and easy so much better than a big bank ???

Smile No. 374
stay cool, stay coolLoan Option

More than 383 smiles, laughs & warcries

Loan Option
Vicki Fraser
4 days ago

Chantelle is amazing to deal with, nothing was too much trouble, she was thorough and extremely helpful and accommodating to my requests. Chantelle worked out the best solution for my personal needs to move forward with my life and she ensured I was informed every step of the way.? I cannot recommend Chantelle highly enough. A huge thank you Chantelle ?

Smile No. 371
Mary Ann Luague
4 days ago

Pan Bhandge was very efficient and professional. The transaction was seamless and fast I never have to worry about anything. I'm very very busy so that matters. Not only did I get a good fair deal, it saves me from looking around.

Thank you Pan. You deserve the five star

Smile No. 372
Mrskat Charman
4 days ago

Pan was a great help in finding me the right personal loan. He always kept me up to date with the process and was alway available should I have any questions. I really recommend Loan Options. Excellent service thanks again Pan ?

Smile No. 373
Paul Ciantar
4 days ago

Great service quick and easy so much better than a big bank ???

Smile No. 374