CosmediLoans vs TLC: Which Medical Loan Is Better?
Quick Verdict
TLC (tlc.com.au) is an Australian specialist medical lender focused on cosmetic surgery, dental, and bariatric loans, typically lending $2,000–$50,000 at advertised rates starting around 9.99% p.a. CosmediLoans compares TLC alongside 20+ other medical-friendly lenders through a single broker-matched application, with rates from 6.99% p.a. and amounts up to $100,000. TLC is a reasonable direct option if you already know their rate beats the market; CosmediLoans is the lower-risk choice if you want the cheapest offer verified across multiple lenders.
Feature Comparison
| Feature | CosmediLoans | TLC |
|---|---|---|
| Maximum Amount | $2,000 – $100,000 | $2,000 – $50,000 |
| Interest Rate | From 6.99% p.a. (personalised) | From ~9.99% p.a. (risk-based) |
| Repayment Term | 1 – 7 years | 1 – 5 years (typical) |
| Lender Options | 20+ lenders compared | Single lender (TLC only) |
| Specialisation | All medical procedures + vet + debt consolidation | Cosmetic, dental, bariatric |
| Credit Check | Soft pull (no impact) | Hard pull on application |
| Approval Speed | Same day | 24–48 hours |
| Best For | Best rate across the market, any procedure | Borrowers set on TLC's product |
How CosmediLoans Works
CosmediLoans assigns you a broker who compares fixed-rate medical loans across 20+ lenders, including specialist medical lenders and mainstream personal loan providers. One soft-check application returns multiple offers ranked by total cost.
How TLC Works
TLC is a direct lender specialising in medical and cosmetic procedure loans. You apply on their site, they perform a credit assessment, and if approved provide a single fixed-rate offer. Rates depend on your credit profile and the procedure type.
Who Should Use Which?
Choose CosmediLoans If…
- You want to know TLC's rate is actually competitive before committing
- Your procedure falls outside TLC's cosmetic/dental/bariatric focus
- You need a loan above $50,000
- You'd rather a broker negotiate than apply directly
- You want to avoid a hard credit inquiry unless necessary
Choose TLC If…
- You've compared TLC against the market and their offer is lowest
- You prefer working directly with a single specialist lender
- Your procedure specifically aligns with TLC's core cosmetic/dental/bariatric focus
Check your quote before choosing TLC
Send through the treatment amount when you are ready. A broker can compare lender options before you commit to a clinic plan, BNPL option or credit card balance.
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