Have you been considering cosmetic surgery in Australia? You aren’t alone.
In 2021, almost half a million cosmetic surgery procedures were performed in Australia, including injectables like filler and anti-wrinkle, non-surgical skin treatments, and surgical augmentations such as implants and liposuction.
As cosmetic augmentation becomes more accepted in society, it’s important that we take advantage of the wealth of information available to us when it comes to firstly finding a suitably qualified surgeon and understanding the risks and potential outcomes, if I need someone to assist me with any day to day tasks, what the recovery period is and then, the big question of how it will all be paid for.
What are the options for paying for cosmetic surgery?
If you have been planning to undergo surgery for a long time, you might have set and met a savings goal, which could cover the costs, but if life has gotten in the way and saving for a cosmetic procedure hasn’t been the highest priority, that doesn’t always mean that a new look is out of reach – there are many different options for financing cosmetic and medical procedures in Australia.
So if you have determined that your savings won’t be able to cover the cost of the procedure in full, or if savings isn’t an option at all, and you are in good standing with your bank, a personal loan with your bank could be an option for you to explore – if you meet the requirements, and the loan type is suitable for your purpose. Another alternative is that some surgeries offer in-house finance, which would again depend on the type of procedure and how much you need to borrow, an added benefit is that generally these loans take into consideration the overall costs, so you aren’t surprised with anything extra when it comes time to head home and recover!
Sometimes, these options aren’t as flexible as we are – some lenders may offer a minimum amount that is of a higher value than the procedure you are wanting, or may have strict rules about how and when you repay your loan in full
As an example, a lot of banks start their personal loans from over $2000 – if your procedure comes to a lower amount, you might consider a cosmetic loan from Fundo – who offer teeny tiny loans from $300 to $2000 – Fundo offers you flexibility, and won’t lend you more than you need.
What is a cosmetic loan? How do cosmetic loans work?
A cosmetic loan is generally a personal loan, designed to allow customers to pay for cosmetic, dental or medical procedures and their associated costs, such as post-operative medication, special clothing, wound and after care products, and clinic visits.
The application process will vary from one lender to another, and their lending criteria may differ also – some lenders may have stricter guidelines on who they lend to based on credit scores or other factors – if this is a concern for you, check out Fundo’s no credit check loans – Fundo takes into account your current circumstances, without dwelling on mistakes that don’t necessarily reflect your current financial situation and ability to repay your commitments!
Is financing better than a loan?
Deciding which option is best for you can be a daunting task – do you fund your surgery with your savings, or do you save your savings and take up the finance offered by the surgery, or do you go ahead and apply for that personal loan?
It’s important to investigate your financial concerns just as thoroughly as you would with your health and wellbeing concerns.
The finance offered by the clinic or surgery would likely factor in the total costs associated with the surgery of your choice, but you should always check this with them so you aren’t surprised, this is also important when you are arranging your own finance with a lender of your choice – you want to ensure you aren’t stressed about being left out of pocket after the surgery when you should be recovering!
Another considering is how soon you will receive your finance – if you are taking advantage of the finance options offered at the clinic or surgery of your choice, chances are they will be factoring this in to your surgery date to ensure that they have the outcome of your finance application before they begin the procedure – if you are arranging your own finance, you should confirm with the lender how long the process takes and if they have a general guideline for how long it takes to be approved. With Fundo, we can approve teeny tiny loans up to $2000, and have the funds available in your account within minutes!
FAQ – Why choose cosmetic loans with Fundo
Easy application and quick approval process
Applying for a small loan with no credit check has never been quicker or easier. As long as you meet our minimum requirements, including being 18 or over with regular employment income, and you’re able to provide us with the info we need, you can apply for an online loan with no credit check with Fundo. Simply head to our online form to apply for a fast cash loan of up to $2000. We approve loan applications Mondays to Saturdays, and our online form is available 24/7.
No Check Loans with flexible payment terms
At Fundo, we understand that individual circumstances matter, and we’ll do our best to tailor a payment plan to suit yours. We offer flexible payment schemes with our no credit check loans, giving you the option to repay in instalments up to 180 days. Need a fast cash loan with no credit check and flexible repayments? Look no further than Fundo.
We look at more than your credit history
As responsible lenders, we look at many factors when assessing your loan application — not just your credit history. We take into account your current income, and your ability to meet your loan repayments. If you do happen to have a bad credit mark, we look at the timing and reason for this. We understand that your past financial situation does not always define your current position. Are you after a no check loan with a bad credit history? Try Fundo!
Help with bad credit ratings
A bad credit rating is not the end of the world, and a bad mark shouldn’t prevent you from getting a short term cash loan when you need it. However, there are some ways you can prevent a not-so-great score. The most obvious thing you can do is to make loan or other financial repayments on time, as late payments can cause a default to be placed on your file. At Fundo, we even reward early and on-time loan repayments with our unique scoring system .
Disclaimer: The opinions expressed in the Blog are for general informational and entertainment purposes only and are not intended to provide specific advice or recommendations for any individual or on any specific investment product. It is only intended to provide education about the financial industry. The views reflected in the commentary are subject to change at any time without notice.