*During normal business hours.
Whether it’s a small dental procedure or an elective surgery, medical expenses can really put a dent in your budget. If you are unsure where to turn, Nifty Loans offers fast medical loans up to $10,000. So, whether the procedure is small or large, Nifty may have a loan option to suit your needs.
Medical loans are a form of personal loan used to cover the cost of medical expenses. Loans for medical bills can be used for bills from $500 to $10,000 to be repaid over 6 to 24 months.
Medical expenses can be very expensive. Medical loans can be used to take away this immediate financial burden to be repaid in smaller, more manageable instalments over time plus interest. Medical loans with Nifty fall into three categories: small loans, medium loans and large loans.
You can use medical personal loans for any medical expense that costs money. You will just need to let us know what the medical expense is for and how much it will cost. Here are some of the most common reasons people apply for medical loans with us:
If you are receiving Centrelink benefits and need some extra money to cover your medical expenses, we may still be able to provide you with a medical loan. We consider most forms of Centrelink income as regular income. As long as you have been receiving your Centrelink payments for the last 90 days and meet the rest of our eligibility criteria, we may be able to provide you with a medical loan for Centrelink customers.
Are you looking for medical loans for bad credit Australia? Here at Nifty, we like to take a more inclusive approach to lending. As long as you have the means to repay your loan, we may be able to provide you with a medical loan for bad credit. We must conduct a credit check by law, however, we will put more focus on your current financial situation.
We use a bank statement service called Credfin to look at your bank statements and your current income and spending. If we believe that you can comfortably repay your loan, we may be able to provide you with a medical loan for bad credit. All applications are subject to assessment. We adhere to the responsible lending guidelines set by the ASIC, so we will never lend an applicant money they cannot afford to repay.
We are a 100% online lender, meaning that from application to approval, everything is done online. We offer three types of personal medical loans: small secured loans, medium loans and large loans.
Ready to apply for a same day medical loan with Nifty? Complete our quick and easy, 100% online application form by following these simple steps:
Step 1: Apply online
Use our loan slider to select how much you wish to borrow and over what repayment term.
Step 2: We assess your application
Once we have received your application, our team of loan experts will begin processing. This can take just 1 hour if you apply within our business hours.
Step 3: We let you know whether your application is approved
If your loan is approved, we will get in contact to let you know. We will also let you know if your application was unsuccessful.
Step 4: If approved, review and sign your contract
We will send you a copy of your electronic contract. We suggest that you read your contract carefully and make yourself familiar with any terms and conditions that will apply to you. Once you have done so, sign and return your contract.
Step 5: Receive your money
Once we have received your signed contract, we will transfer your funds straight to your bank account. You could have your money within just 60-seconds.
We have a few standard eligibility requirements that all of our applicants must meet. Please ensure that you can say ‘yes’ to the following:
If you are looking for the fastest possible loan outcome, please ensure that you have all of these documents available when you apply.
You can borrow any amount between $500 and $10,000. You will repay this amount over your determined repayment period.
We must conduct credit checks on all of our applications. However, we can be more lenient in regards to credit scores. We will focus more on your current finances by looking at your bank statements and assessing whether you can afford your monthly repayments. We may still be able to provide you with a bad credit loan.
We will set up a Direct Debit in line with your pay cycle. We will automatically debit your account on this day. When your loan has been repaid in full, the repayments will stop.
This will depend on how much you wish to borrow and your current financial situation. For a more detailed breakdown of our fees and charges, refer to our costs page.
We do not charge early repayment fees. If you wish to repay your loan before the term of your loan ends, you are free to do so. This can save you on monthly fees and interest.
We consider most forms of Centrelink income as regular income. If you have been receiving your payments for at least 90 days and meet our eligibility criteria, we may be able to provide you with a loan.
Since founding Nifty in 2016, Bell has continued to make waves within the local financial sector for his continued ambition and willingness to adopt emerging technologies.Read More
$5,000 - $10,000
$2,001 - $4,600
$500 - $2,000
* Not applicable. Small loans do not charge an annual interest rate.
** WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate with the lender that finances your loan. Different loans may include other payable fees and charges. All fees and charges will always be displayed on your loan contract.