$500 - $5000
between $500 - $5000
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*


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.


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)*


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.

Are Fundo Loans Better Than A Loan With No Credit Check? Find Out Now!

Picture this: You need quick cash, but your credit score is not in the best shape. The search for a loan with no credit check intensifies.

But before you spend hours looking up terms like ‘quick cash no credit check’ and ‘instant no credit check payday loans’, here’s an alternative that changes the game – Fundo. While we don’t offer loans with no credit check, we could offer you so much more.

A breath of fresh air in a credit-focused world, Fundo focuses on the present, not your past. Intrigued? Let’s unpack this unique approach to lending and show you why Fundo could be your best choice. Ready for a more compassionate financial journey? Let’s roll!

Fundo loans: a refreshing alternative to a loan with no credit check

Are there specific types of loans that don’t require a credit check?

Certain types of loans, such as the No Interest Loan Scheme (NILS) and Household Relief loans, endorsed by the government, do not require credit checks. These are exclusively available for qualifying borrowers.

There are also private no credit check lenders on the market that offer loans such as payday loans. They often target Aussies searching for terms like ‘bad credit loan’, ‘cheap loans no credit check’, and ‘fast loans bad credit’.

If you’re hoping to find no credit check loans online, we recommend Fundo as an alternative instead. Read along to find out how our solutions compare to a loan with no credit check.

Does Fundo conduct credit checks?

At Fundo, we may conduct a credit check before approving an application as a responsible lender, but we already know what you’re thinking: ‘How can I get money fast without a credit check if this is the case with Fundo?’

Well, we handle things differently. While we don’t offer ‘no credit check quick cash loans’, we believe in looking beyond just a credit score. We understand that people have ups and downs in life, and financial hiccups shouldn’t define your future.

Your credit score plays a small role in our decision-making process. Instead, we place more significant weight on your current ability to repay loans.

A balanced perspective on no credit check loans

What are the advantages and disadvantages of getting a loan with no credit check?

A loan with no credit check can be an attractive option, but like anything else, it comes with pros and cons.

Yes, some ‘no credit history loans’ can offer fast approval when you’re in a financial pinch. The speedy process is a significant plus, but it’s worth noting other alternative options that offer the same convenience, just like the loans we offer at Fundo.

While we don’t offer these loans, you can apply for our short term loans online at any time. If approved, it’s possible to receive the cash in your account on the same day, given that you complete your application within our business hours. That is, from Monday to Friday from 9.00 a.m. to 6.00 p.m. and Saturday from 9.00 a.m. to 5.00 p.m. Sydney time.

What’s the downside of a loan with no credit check?

Responsible lending involves understanding the borrower’s financial situation and ensuring the loan is fit for them. So if you’re looking to get a loan with no credit check, it’s possible that it’s not going to be suitable for you as these checks are skipped. At Fundo, we go beyond just ticking boxes.

We’re all about providing loans that work for you without causing financial strain. To borrow from us, you must:

  • be at least eighteen years old;
  • be a citizen or tax-paying resident of Australia;
  • earn at least $1,000 per fortnight, including government benefits;
  • demonstrate an ability to meet repayment deadlines; and
  • not place undue financial pressure on yourself by borrowing from Fundo.

How you can take advantage of your Fundo Credit Score

Instead of looking for a loan with no credit check or small payday loans, you may want to start making financial decisions that will increase your chances of getting better funding options in the future.

Your Fundo Credit Score, which is different from your bureau credit score, is a unique tool we’ve created to encourage and reward responsible borrowing.

You can boost your Fundo Credit Score by showcasing healthy borrowing habits, leaving reviews, referring us to friends, or paying back your loan on time. The higher your Fundo Credit Score, the more likely you’ll be approved for Fundo loans in the future.

Fundo: unleashing spending flexibility

Can a loan without a credit check be used for any purpose, such as purchasing a car or paying medical bills?

The answer lies with the lender. Those offering ‘no credit check loans same day’ may have their own rules when it comes to borrowers spending their funds. With Fundo, we deposit your loan funds right into your bank account, so you have the confidence to make your spending decisions the way you want to!

There’s no need to look for a loan with no credit check if you want flexibility. Instead, all you have to do is reach out to us at Fundo.

What can I use my Fundo loan for?

Here’s how simple it is: you just pick the purpose of your loan during your application. Need funds for an emergency, or are you looking for debt consolidation loans, education loans, or even dental loans? Fundo’s got you covered.

We’ll only ask for your reason upon application, and we value your privacy and freedom of choice to spend how and where you like. You won’t be locked into a service or seller – with Fundo, you’re free to choose!

Frequently Asked Questions (FAQ)

Are there any hidden fees in Fundo’s loan process?

At Fundo, hidden fees in the loan process are unheard of. We pride ourselves on full transparency, ensuring all fees are discussed with you upfront.

What are Fundo’s repayment terms?

Fundo’s repayment terms stand out. Forget the rigidity of payday cash advance loans that need repayment by your next pay receipt. We offer flexible payment terms for your peace of mind.

Can I pay my loans earlier with Fundo?

Absolutely! At Fundo, we applaud proactivity. Our easy-to-navigate process allows for early repayments, giving you control over your financial journey.

Fundo: your hassle-free online loan expert

At Fundo, we put life back into lending. Born from the belief that everyone deserves access to swift and straightforward loans, we stand tall as your reliable, quick online loan experts.

In an arena often filled with jargon and hidden fees, we shine by keeping things simple and transparent. Experience the effortless application, rapid approval, and flexible repayments of Fundo – your Australian-owned, hassle-free loan companion.

Disclaimer: Please note that we do not offer a loan with no credit check. At Fundo, we provide personal loans and may be able to help you, like the thousands of Australians we have already helped.

Unless otherwise specified, the opinions expressed in this article are strictly for general informational purposes only and should not be taken as financial advice or recommendations. Any views are subject to change without notice at any time.