FUNDO
LOAN EXAMPLE

Borrow
between
$500 - $5000
Flexible
Payment
Terms
NO HIDDEN FEES
PAYOUT EARLY
FOR DISCOUNTS
Borrow
between $500 - $5000
Pay
up to 180 days
20% upfront establishment
fee 4% monthly fee

Small LOAN

Loan amount from $500 to $2000
Minimum 91+ days to Maximum 6 months
20% Establishment Fee and a flat 4% Monthly Fee*

Example

Loan Amount of $1,000 over 20 weeks repayable weekly. $1,000(Principal Amount) + $200(20% Establishment Fee) + $200(fees based on 4% per month over 20 weeks) = $1,400 total repayable in 20 weekly repayments of $70.00.

*The example assumes timely repayment as per the loan agreement, or additional fees and charges may apply.

MEDIUM LOAN

Loan amount from $2001 to $5000
Minimum 91+ days to Maximum 2 years
$400 Establishment Fee plus interest at 47.8% p.a. (Comparison Rate 66.58% p.a)*

Example

Loan Amount $2500 over 2 years repayable fortnightly. $2,500 (Principal Amount) + $400 (Establishment Fee) + $1553 (Interest) = $4453 total repayable in 52 fortnightly instalments of $85.63

*The comparison rate is specific to a $2,500 loan over a two-year term with a $400 establishment fee and fortnightly repayments. Any deviation in loan amount, term, or additional fees and charges can result in a different comparison rate, and the given comparison rate only applies to the presented example.

If you are in need of a 2000 dollar loan to help you get out of a financial bind, you’ve come to the right place. It can be difficult to manage unexpected expenses. Sometimes, an online loan application can help you bridge a sudden cash gap. However, the process of finding a reliable lender and obtaining a loan can be stressful and time-consuming, which is why people resort to searching ‘instant loans Australia’ and ‘I need cash fast’ online. 

At Fundo, we have made it our mission to help you get closer to the funding you need as quickly and easily as possible. If you need a 2000 dollar loan to help cover an unexpected expense such as medical bills, home repairs, or other emergencies, take advantage of our services to find a loan solution you can count on.

Where can I get a 2000 dollar loan online?

At Fundo, we offer small, short-term loans online without bogging you down with lengthy paperwork or red tape. We know that life can throw unexpected challenges at you, so we want to make it as easy as possible for you to get the money you need when you need it. You can borrow up to $2000 with flexible payback terms of up to 180 days and no hidden fees or costs.

The application process is easy and takes just minutes to complete. To get started, you just have to click the ‘Apply Now’ button on our site and fill out the form with some basic information about yourself. We will ask you for the following:

  • details of your regular income;
  • details of your government benefits, if any;
  • proof of identity (e.g. Australian driver’s licence, proof of age card, passport); and,
  • bank account details, including your bank, account name, BSB, and account number.

We process loan applications from Monday to Friday, 9 a.m. to 6 p.m., and Saturday, 9 a.m. to 5 p.m. You can still submit after those hours, even on Sundays, and expect a response within the next twenty-four hours or the next business day. 

We transfer your money directly to your nominated bank account upon approval, so if you apply and get approved within operating hours, you stand a good chance of receiving your money within the same day. 

How high should my credit score be to get a $2000 loan?

The minimum credit score you need to get a 2000 dollar loan in Australia will depend on the lender you choose. Most lenders place considerable weight on your credit score when deciding whether or not to approve your loan application and how much you can borrow. 

As responsible lenders, we at Fundo look beyond just your credit score when determining whether or not to approve your loan application (2000 dollar loan amount or otherwise). Rather, we evaluate your financial situation holistically to determine your ability to repay your loan on time and in full.

Our eligibility requirements are simple and minimal. If you meet the following criteria, you can apply for online quick cash loans from Fundo:

  • You must be at least eighteen years old;
  • You should be a citizen or belong to Australia's tax-paying population; 
  • You must earn a regular income of $300 or more per week, excluding government assistance;
  • You must be able to show that you can repay the loan on time.
  • You must ensure you are not putting yourself under undue financial pressure by taking out a loan with us.

What is the repayment process for a $2000 loan?

Thanks to Fundo’s flexible payment options, you have the freedom to select the duration of your 2000 dollar loan. The majority of our customers choose a period that lasts between five and twenty weeks. The shorter the loan, the higher each of the repayments will be.

We understand that unexpected events may happen that could make it difficult for you to pay back your loan. If this is the case, you can find out what options are available by speaking with one of our helpful consultants. You are welcome to call us at 02 9066 9660 or email us at hello@fundo.com.au to talk about your payment alternatives. Typically, we need at least forty-eight hours’ notice to change repayment dates on your loan account.

At Fundo, we have made it easy for you to access and manage your online loan at any time. You can use your self-service account dashboard to take control of and manage your account. Use it to keep track of your loan details, such as the balance, length, and payment dates; view and amend your account information; and make repayments or reschedule them.

We regularly send tips on financial wellness through the dashboard to help guide you through your personal journey to financial health. We cover all kinds of topics, from ‘What are weekend loans?’ to ‘What are payday loans?’

You can also use the dashboard to check your Fundo Credit Score, which is our unique feature that rewards our customers for acts of good financial behaviour. 

You can earn points by making your repayments on time or early, leaving a review, or referring a friend. Your score can also improve if you use Fundo as your primary lender. The higher your score is, the more likely you are to get future applications with us approved. 

There’s no need to keep researching places that offer 2000 dollar loan amounts. Apply for a quick fast loan with us for a stress-free borrowing experience!
Disclaimer: Please note that the opinions expressed in this article are strictly for informational and entertainment purposes and should not be construed as financial advice or recommendations. It is possible for the views stated to change at any time without notice.