Don’t let bills get in the way of what you need. We can support you with low rates from 6.74% 1 comparison rate 7.57% 2* for excellent credit.
Surgery loans
Focus on
recovery,
not funding
recovery,
not funding
The Wisr Difference
Not your average lender
We’re smart, with a big heart.
Your rate is tailored based on your credit score.
You’ll get an outcome that’s right for you.
With no early repayment fees.
Learn how to keep them in shape.
Our customer service team is ready to help.
Loan Calculator
Doing the maths is smart
Calculate your repayments on a surgery loan.
- Monthly
- Exceptional
Details
| Total Repayments | $0.00 |
|---|---|
| Total Interest | $0.00 |
| Amount Required | $0.00 |
| Establishment Fee | + $0.00 |
| Loan Total | $0.00 |
| Interest Rate (p.a.)1 | 0.00% |
Testimonials
For the part of you that learns from others
The Process
We keep it simple
- 01
Get your personalised rate estimate in 2 minutes
- 02
Apply online and get a response right away
- 03
Upload your documents
- 04
Sign on the digital line
- 05
Get your money within 24-48 hours, if approved
Product features and fees
- Loan purpose
Surgery loan
- Interest rate
Fixed from 6.74% 1 to 24.54%
- Comparison rate
Fixed from 7.57% 2* to 25.32% 2*
- Loan amount
$5,000 – $62,000
- Terms
3, 5 and 7 years
- Establishment fee
$595
- Features
No early repayment fees
Eligibility criteria
- Gross income over $25,000 p.a.
- Over 18 years of age
- No unpaid defaults last 5 years
- No bankruptcies last 7 years
- Not currently in financial hardship
- Permanent Australian resident (living in Australia right now)
Q1: What is a surgery loan?
A surgery loan is a type of unsecured personal loan used to cover the cost of medical or surgical procedures. This can be especially helpful for surgeries that come with upfront fees and large expenses.
Q2: How long will it take to get my funds?
Undergoing a medical procedure or surgery is stressful enough, and we don’t want to complicate matters further. Wisr strives for a fast and thorough application process. With all the required documents, we can aim to have the money to you within 24-48 hours after approval.
Q3: What fees and charges should I know about?
We don’t charge any early exit fees. This means you can make extra payments or pay off your medical loan in full at no extra cost.
We charge a one-off establishment fee of $595 at the beginning of your loan term. This is included in your repayment calculations and averaged out over the life of the loan.
We also charge a $15 dishonour fee and a $30 late payment fee to cover the cost that banks charge us and the operational task for our team to manage this.
Q4: What documents do I need to apply for a surgery loan?
For starters, we’ll need 2 forms of I.D. e.g. Drivers Licence, Passport or Medicare card. Then, we use a 100% secure, encrypted platform to view your online banking statements so we can better understand your financial situation. Alternatively, you can provide your last 90 days of bank statements via email. If we need anything else, we’ll let you know.
FAQ
For the curious
No problem! Many people who access funding for a surgery loan don’t have private health insurance. A surgery loan can help you avoid public waitlists or fund elective surgery without needing private cover.
More Resources
The boring (but important) stuff
Registered member of the Australian Financial Complaints Authority for dispute resolution | Partnered with Equifax . for credit reporting | Full-site HTTPS, AES-256 data encryption.
1: This rate applies only to borrowers with excellent credit histories. Wisr will also offer loans at higher rates to applicants with good histories, but who do not meet the requirements for our lowest rates. Interest rates range from minimum 6.74% to maximum 24.54% Loan example: for a borrower with excellent credit, a loan of $30,000 over a 5 year term, with an interest rate of 6.24% comparison rate 7.57% and a $595 establishment fee, the monthly repayment would be $602.07 and the total cost over the life of the loan including the establishment fee would be $36,124.30.
2: Comparison rates based on $30,000 unsecured loan, fixed over 5 years, with monthly repayments.
3: Comparison rates based on $10,000 unsecured loan, fixed over 3 years, with monthly repayments.
4: Comparison rates based on $10,000 secured loan, fixed over 3 years, with monthly repayments.
5: Comparison rates based on $30,000 secured loan, fixed over 5 years, with monthly repayments with a total loan amount compared to the vehicle asset valuation less than or equal to 130%.
* WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms may 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.
Note: All rates mentioned on this website are calculated on a per annum basis.