What Do I Need To Prepare For A Loan Application?
Same day funds up to $5,000
Same day funds up to $5,000
Finder
We approved 320+ loans in the last 24 hours!
There are various reasons why people need money quickly. For instance, if you're in a jam, you might need cash for groceries, a car repair, or a medical emergency. The problem is that traditional financial systems, like banks, can be rigid and slow, and loan requirements can be difficult to meet.
That's where Fundo comes in. With straightforward loan requirements and a streamlined process, Fundo is the place to go when you need to apply for a loan fast.
Depending on the lender, you may need to meet different requirements. For some non-traditional lenders, you only need general information and a bank account. While traditional lenders typically require a little more preparation, most lenders will still require a credit check. In most cases, your credit score will determine whether you qualify for a loan.
At Fundo, while we check your credit, it is not the main determining factor for loan approval. We understand that your financial situation can be complex, and your credit score doesn’t necessarily mean you can’t repay your loan on time. That’s why Fundo never denies a loan application without considering other factors at play when you apply for a loan.
Whether you’re looking for short term loans or personal loans online, Fundo just needs you to meet a few simple criteria to qualify for a personal loan. For this, you must:
These requirements are all you need to be eligible for a Fundo loan, and we’ll do our best to assist you in finding a loan that fits your financial situation.
Some lenders may require you to pay some fees when you apply for a loan, which you would have to pay on top of your loan amount and interest rate throughout your loan period. While these fees are typically insignificant to your principal loan amount, these can be higher than usual if you have less-than-ideal credit.
At Fundo, we don’t blindside you with fees hidden under technical or legal jargon. Our fees and other relevant loan details are always listed in a detailed breakdown before you sign anything so you never encounter any surprise expenses when you apply for a loan. We ensure that you can comfortably repay your Fundo loan without putting yourself in financial trouble.
Our interactive self-service dashboard lets you keep track of your loan details and more so that you are always aware of your loan balance and next repayment period. Your Fundo Credit Score can also be tracked here, along with daily tips and advice on financial wellness.
The Fundo Credit Score helps you gain insight into your finances and develop sound financial habits by incorporating a fun credit scoring system. Your Fundo Credit Score will increase if you make sound financial choices, such as repaying your loan on time or referring Fundo to your friends and family.
Your Fundo Credit Score will increase for every completed loan, which makes you more likely to be approved when you apply for a loan with us!
Whether you're looking for small loans or quick loans, at Fundo, educating yourself about financial wellness and improving your chances of future Fundo loans will help you receive a more rewarding loan experience.
While the cost of online loans may vary from traditional loans, answers will vary depending on the lender you ask. While traditional loans usually have lower interest rates, they have stricter requirements and require more time and effort. On the other hand, non-traditional lenders offer more lenient and flexible loan options at typically higher interest rates and may have upfront fees.
However, Fundo makes applying for a loan online easier and more convenient than ever, and we save you a lot of time and effort. Instead of waiting in long lines or spending hours travelling, you can spend that time learning more about financial wellness on Fundo’s self-service dashboard.
Instead of searching online for ‘payday loans no credit check’, and settling for risky alternatives when you apply for a loan, choose the loan that suits your financial situation at Fundo.
Feel free to contact us any time if you want more information about our small personal loans, loan eligibility and requirements, or advice on which loans would suit you. You can reach us by phone at (02) 9066 9660, by email at hello@fundo.com.au, or by live chat.
When you need a small cash advance loan, we offer a variety of options with a fast and easy application process. Whether you're new to borrowing or an experienced borrower, we make it easy to get a loan.
Need a teeny tiny loan? Apply for a loan at Fundo today!
Disclaimer: Please note that all opinions expressed in this article are strictly for informational and entertainment purposes and should not be construed as financial advice. All commentary views are subject to change without notice at any time.
Safe
and Secure. 5 min
application²
Kim S.
Ellie P.
Robert D.
Safe
and Secure. 5 min
application²
Safe
and Secure. 5 min
application²
Loan amount from $500 to $2,000
Minimum 91+ days to maximum 6
months
20% establishment fee and a flat
4% monthly fee4
Loan amount from $2,001 to $5,000
Minimum 91+ days to maximum 2 years
$400 establishment fee, interest at
47.80% p.a. (comparison rate 66.58% p.a.)5
4 Fees are based on loan principal advanced.
5 Comparison rate is based on an unsecured loan of $2,500 over a term of 2 years.
WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
6 The example assumes timely repayment as per the loan agreement, or additional fees and charges may apply.
Safe
and Secure. 5 min
application²Terms and conditions and fees and charges apply. Approval and loan amount are subject to our credit assessment criteria.
¹As soon as you sign your contract, we instantly send the funds to your nominated bank account. If your bank works with the New Payments Platform (NPP), most customers see funds in their account within 60 seconds. If your bank is not NPP enabled, or its a public holiday, the funds are usually received by the next business day
²Applying for a loan with Fundo usually takes about 5 minutes. However, this time can change based on a few things, such as your typing speed, the device you're using, and whether you have all the necessary information ready to go.
³As the approval process is influenced by various external factors, we can't guarantee that you'll receive a decision on the same day. However, most of our customers do receive a same-day response to their application with Fundo, if they submit their loan application and all the requested supporting information by 4pm Sydney time during a regular business day.
Fundo is an Australian direct lender that offers short-term, small loans without any legal jargon or red tape. Our online loans are designed to provide access to a broad range of qualified applicants, including those with less-than-perfect credit.
Finding small loans with flexible repayment terms is now a reality with Fundo - no need to keep searching for 'Debt Consolidation Loans Bad Credit', 'Personal Loan With Fast Approval', or '24 Hours Cash Loans'. Applying for Fundo loans in the future gets more engaging when you pay off your loans in advance penalty-free while also increasing your chances for approval.
Fundo believes that eligible applicants should be able to get closer to the loans they need. If you've been looking for small cash loans through search terms like 'Instant Approval Loans Need Cash Today', 'Payday Loans No Credit Check', or 'Savvy Loans', then you can stop looking now - let us show you how easy it is to apply for a loan with Fundo.
We typically respond within 2 min or sooner.
I'd like to borrow ($500 - $5000)
