fbpx

Loans for IVF

Receive financial support on your fertility journey by applying for a loan for IVF through Savvy today.

Written by 
Savvy Editorial Team
Savvy's content writing team are professionals with a wide and diverse range of industry experience and topic knowledge. We write across a broad spectrum of finance-related topics to provide our readers with informative resources to help them learn more about a certain area or enable them to decide on which product is best for their needs with careful comparison. Meet the team behind the operation here. Visit our authors page to meet Savvy's expert writing team, committed to delivering informative and engaging content to help you make informed financial decisions.
Our authors
, updated on December 11th, 2023       

Fact checked

At Savvy, we are committed to providing accurate information. Our content undergoes a rigorous process of fact-checking before it is published. Learn more about our editorial policy.

$2100
|
|
|
|
|
$500
$50,000


Paid in 60 mins if approved*
Written by 
Savvy Editorial Team
Savvy's content writing team are professionals with a wide and diverse range of industry experience and topic knowledge. We write across a broad spectrum of finance-related topics to provide our readers with informative resources to help them learn more about a certain area or enable them to decide on which product is best for their needs with careful comparison. Meet the team behind the operation here. Visit our authors page to meet Savvy's expert writing team, committed to delivering informative and engaging content to help you make informed financial decisions.
Our authors
, updated on December 11th, 2023       

Fact checked

At Savvy, we are committed to providing accurate information. Our content undergoes a rigorous process of fact-checking before it is published. Learn more about our editorial policy.

Embarking on the journey to parenthood? If you don’t quite have the money you need to start fertility treatment, loans for IVF through Savvy can offer the financial support you need. By applying for an IVF loan through us, you can receive approval and funding as soon as the same day and take the first step toward building your family. Don't let financial concerns hinder your dreams; apply with Savvy today!

How do I get a loan for IVF?

You can apply for a swift and hassle-free small loan designed to assist with covering the costs associated with IVF through Savvy. These loans are crafted for a quick and straightforward application process, efficient approval, and prompt fund transfer, making them an apt solution for addressing the immediate financial requirements tied to fertility treatments.

Navigating the application process through Savvy is designed to be straightforward and user-friendly. Follow these uncomplicated steps to apply for a rapid IVF loan:

  1. Complete our application form, providing essential details about yourself, including credit score, income, employment, and more.
  2. Submit your application and swiftly receive an instant, automated outcome from our network of lenders.
  3. If conditionally approved, your application undergoes assessment by your designated lender, potentially necessitating additional documentation.
  4. Upon the lender's satisfaction, you'll be granted formal approval and provided with loan documents outlining terms, fees, repayment schedule, and other relevant details.
  5. After signing and returning the documents, your funds will be efficiently transferred to your nominated account, allowing you to proceed with covering the crucial expenses related to IVF treatments.

How much can I borrow with a loan for IVF through Savvy?

For those seeking financial support for IVF, Savvy offers a versatile borrowing range, allowing you to secure any amount between $2,050 and $5,000, contingent upon meeting the necessary lender eligibility criteria. This adaptable spectrum accommodates various financial needs for fertility treatments, enabling you to choose an amount tailored to your specific requirements.

Factors such as credit score, income, existing liabilities, savings, and other relevant financial considerations influence your borrowing capacity. Keep in mind that the amount you can borrow may vary based on your unique financial situation. Additionally, your income must come from one or more jobs with stable pay and hours and/or eligible Centrelink payments.

How long will it take to receive my IVF loan funds?

Acquiring funds for your IVF treatment is an express streamlined process, with the potential for formal approval and fund release on the same day, possibly within one hour of application. Approval is subject to your application satisfying all necessary lender criteria and successfully passing required assessments. Consider that the speed of your application's approval may be influenced by various factors:

  • The complexity of your application, including considerations such as defaults and the stability of your income.
  • Your lender's processing time, determining how quickly they can assess your application.
  • The timing of your application submission, particularly if it occurs outside regular business hours, requiring waiting until your lender resumes formal assessment.

Why apply for a small loan with Savvy?

Frequently asked questions about loans for IVF

Can I access a loan for IVF with bad credit?

Yes – you can access a loan with bad credit, subject to meeting your lender’s qualification requirements. Unlike conventional lenders, those providing IVF loans consider a broader range of factors, including your current financial situation. This makes it possible to secure funding for important family planning, even with bad credit.

Am I able to pay off my IVF loan ahead of schedule?

Yes – you’re able to pay off your IVF loan ahead of schedule. As with all small loans, these offer the flexibility of early repayment without incurring extra charges. This means clearing your debt early can help you minimise overall monthly fees.

Is it possible to use the funds from my IVF loan for purposes other than fertility treatment?

Yes – while the primary purpose of your IVF loan will be for fertility treatment, you can use the funds for other purposes if you wish. Whether you have leftover funds or want to address additional financial needs, such as travel or holiday costs, you have the flexibility to decide. However, be aware that certain restrictions apply to the use of these funds, such as settling other small loans or engaging in activities like gambling.

How much will my IVF loan cost?

Your IVF loan costs involve the establishment fee (capped at $400) and monthly fees (capped at 48% of your loan’s total value per year). The actual amount you pay depends on:

  • The loan size
  • The chosen loan term (between 16 days and two years)
  • Your preferred repayment plan (weekly, fortnightly or monthly)
  • Consideration of additional repayments
  • Possible conditional fees, such as late repayment or dishonour fees

Helpful small loan guides

Small Loans Banner - Young couple assessing their financial situation before applying for a loan

No Credit Check Loans

Find out whether you can get approved for a loan with no credit check and get your application started with...

Small Loans Banner - Woman typing on her laptop while sitting in her kitchen

Need Money Now

You can apply for a cash loan online when you need money now and get funds in your bank by...

Small Loans Banner - Middle-aged couple comparing payday loan interest rates on a laptop

Payday Loan Interest Rates

Payday loans are a different breed. Here’s your quick guide to how you compare payday loan costs. Borrow up to...

Disclaimer:

The information on this website is of general nature and does not take into consideration your objectives, financial situation or needs.

For loans between $2,050 and $5,000, the APR is between 21.24% (minimum) and 48% (maximum) per annum. Comparison rate of 65.4962%. Minimum term is 16 days and maximum term is 24 months. The cost of the loan is a $400 establishment fee and monthly interest charged on the amount borrowed. For example, a loan of $3,000 over 3 months with an APR of 48%, (comparison rate of 65.4962%), will have an establishment fee of $400, monthly repayments of $1,225.20. Total repayments of $3,675.60 and total interest payment of $275.60.

Warning: A comparison rate indicates the true cost of a loan. Comparison rates are true only for the examples provided and may not include all fees and charges. Different terms, fees or loan amounts might result in a different comparison rate.

We'd love to chat, how can we help?

By clicking "Submit", you agree to be contacted by a Savvy Agency Owner and to receive communications from Savvy which you can unsubscribe from at any time. Read our Privacy Policy.