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Need a medical loan but have bad credit?


At Fair Go Finance our personal loans can be used for pretty much anything, including medical loans. From non surgical medical expenses to cosmetic, laser, dental and plastic surgery, our personal loan product (up to $10,000) can be used for really any medical expense.  For those struggling with a bad credit report, we understand finding a bad credit medical loan may be hard, which is why we also try and cater for these customers too.

What level of bad credit is acceptable?

We can help customers with certain levels of bad credit to obtain a medical loan. Firstly, we are able to consider the following types of bad credit;

  • paid defaults*
  • unpaid defaults*
  • bankruptcy or part 1X debt agreements (where bankruptcy was entered into 12 months or more ago.)

*Please note that any loan defaults – (paid or unpaid) will need to be a minimum of 6 months old. We will also review how many loan enquiries you have made. If you have not made:

  • 3 or more enquiries within the last month or
  • 5 or more enquiries in the last 3 months or
  • 50 enquiries in total over the last 5 years

Then hopefully we will still be able to assist you. It is important to know that most lenders do not look favourably on applicants who shop around and apply at numerous places.  If you are considering taking out a loan, make sure you research which lender suits your individual situation first. One of the worst things you can do is to fill out countless applications in the hope that one may work.

Is it hard to apply for a medical loan with Fair Go Finance?

No, not at Fair Go Finance. Our application process is exactly the same, whether you are applying for a medical loan, bond loan or cash loan. You simply need to complete our online application form which is available 24 hours a day, 7 days a week. You will receive a conditional outcome straight after you submit your application, so you will know if you are conditionally approved or declined within minutes.

How fast can I get a medical loan with Fair Go Finance?

If you complete our online application form, use our free bank statement service option and provide a few other required documents straight away, that is all you need to do. We will do the final assessment and we promise that the day we formally approve your loan will be the same day the money will be transferred into your account. We have helped thousands of Aussies and we certainly hope that we will be able to help you out too.

Is there anything else I should know about a medical loan?

A medical loan is really just another type of personal loan and it operates in the exact same way. It will have a set term, set payments and at Fair Go Finance your medical loan can be repaid early without being penalised by early repayment fees. If you have any other questions about our medical loans you are always welcome to contact us via our online chat service or call our customer service team. So if you are in need of a medical loan today, with or without bad credit, please apply with us, we’re here and ready to help!

Need up to $10,000?

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Are you eligible to apply?

  • I’m 18 years or older
  • I’m employed (not self-employed)
  • I’m paid $500 or more a week into my bank account
  • My income is not solely from Centrelink
  • I’ve not entered into bankruptcy or part 9 agreement within the last 12 months


It can be expensive to borrow small amounts of money and borrowing may not solve your money problems.

Check your options before you borrow:
For more information about other options for managing bills and debts, ring 1800 007 007 from anywhere in Australia to talk to a free and independent financial counsellor.

Talk to your electricity, gas, phone or water provider to see if you can work out a payment plan.
If you are on government benefits, ask if you can receive an advance from Centrelink.

The Australian Government’s MoneySmart Website shows you how small amount loans work and suggests other options that may help you.

* This statement is an Australian Government requirement under the National Consumer Credit Protection Act 2009.