Cosmetic surgery loans

Yes, you can get a loan for getting those expensive cosmetic surgical procedures that you desire. Read on to compare the best options.

By   |   Verified by David Boyd   |   Updated 21 Nov 2023

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Comparing cosmetic surgery loans for over months

MTF Finance Unsecured Personal Loan

On website

MTF Finance Unsecured Personal Loan

Interest rate

From 14.20% (personalised)

Comparison rate

From 0.00% (personalised)

Repayment period

3 years

Application fee


Monthly repayment


Total repayment



  • Be in to win free fuel for a year valued at $5,200 when you take out a loan before 1 March 2024. Terms and Conditions apply.
  • Borrow between $2,000 to $30,000.
  • Make repayments weekly, fortnightly, or monthly for the term of your loan up to 60 months.
  • Choose Payment Waiver to cover your repayments from an unexpected life event.


  • Quick and easy application process.
  • The rate is fixed for the loan term
  • New Zealand owned.


  • There is a monthly admin fee of $7.50.

A cosmetic surgery loan is a type of personal loan specifically designed to cover the cost of cosmetic procedures. Unlike secured loans, these loans don't require collateral but often have higher interest rates.

How to compare cosmetic surgery loans

When comparing cosmetic surgery loans, consider the following factors.

  1. Interest rate. Compare the interest rates of different lenders to ensure you get the best deal. Remember that the interest rate can vary depending on your credit score and other factors.
  2. Repayment terms. Check each loan's repayment terms, including the length of the loan, the monthly payment amount, and any early repayment penalties.
  3. Fees. Look for any fees associated with the loan, such as establishment fees or early repayment fees.
  4. Loan amount. Check the maximum loan amount available to ensure it covers the full cost of your cosmetic procedure (or as much as you need).
  5. Eligibility requirements. Do you meet the lender's eligibility requirements, in terms of credit score, income, and employment status?
  6. Lender reputation. Check the lender's reputation by reading reviews, their accreditation, and regulatory compliance.

Pros and cons


  • Access to funds. Help cover the cost of a cosmetic surgery procedure which may have a positive life-changing effect that's hard to put a price on.
  • More affordable than other options. A loan for cosmetic surgery may work out cheaper than alternative funding methods like charging it on your credit card.
  • Unsecured. Most cosmetic surgery loans are unsecured. This means you don't need to put up collateral to get approved.
  • Flexible repayment terms. Some lenders offer flexible repayment terms to help make repayments more manageable and within your budget.


  • Interest rates and fees. Cosmetic surgery loans are typically not secured, meaning they come with higher interest rates and fees.
  • Long-term debt. Depending on the amount borrowed and repayment terms, taking out a cosmetic surgery loan can result in long-term debt that may impact your financial situation in the future. Question if the procedure is worth risking before proceeding with an application.
  • Approval requirements. An unsecured loan may have tighter approval requirements, such as good credit or a certain income level, making it more difficult to qualify.

What you need to apply for a cosmetic surgery loan

Eligibility requirements can vary between lenders. Here's what you will be asked for.

  • Personal information. You'll need to be at least 18 years old, a permanent citizen or resident of New Zealand, and have a good credit score. You may need to provide proof of identification.
  • Financial details. You'll need to provide some personal and financial details, including information about your assets, debt, and liabilities. Proof of your income, such as pay slips or tax returns, may also be required.


Are cosmetic surgery loans regulated by law?

Yes, in New Zealand, all lenders must comply with the Credit Contracts and Consumer Finance Act (CCCFA).

Can I get a loan for any cosmetic procedure?

Most lenders will provide loans for common cosmetic procedures like breast augmentation, liposuction, and rhinoplasty. Loans for less common procedures may be harder to get.

How long does it take to get approved for a cosmetic surgery loan?

Depending on the lender, the approval process can take a few days or longer.