$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.

For those struggling with bad credit, fast cash loans can seem near-impossible.

Despite our best intentions, bad credit scores can happen, and they can often be a real barrier between our expenses and the loans we need to address them. Many mainstream lenders add to the stress as well, either by demanding an exhaustive credit check (practically automatically excluding us from the running) or extremely high interest rates or collateral requirements.

That's why it's important to have access to small online loans. With bad credit, fast cash loans can help repair your score one cash quick loan at a time, opening up more opportunities for improving your quality of life along the way. Here at Fundo, we want to help you get there with our small short-term loans.

We understand that each person’s financial situation is often complex and unique from others, which is why we do our best to offer all of our borrowers a fair chance at applying for our loans.

That being said, there is some information you’ll want to know before heading to our application page. Let’s talk about them.

What are the criteria to qualify for a bad credit cash loan?

While we can’t speak for other lenders, Fundo has minimal eligibility requirements for all of our borrowers, regardless of credit score. Below is the list of main criteria we look for in applications we receive for fast small loans.

  • You must be over eighteen years old to apply.
  • You must be a tax-paying Australian citizen or permanent resident.
  • You must be earning a minimum of $300 a week, excluding government benefits.
  • You must have a demonstrable plan for completing your Fundo quick finance loan.
  • You won’t be placed under undue financial pressure by taking on a Fundo loan.

Regarding the income requirement, we do accept applications from borrowers who supplement their income with pensions or government benefits and allowances. However, if you rely solely on these benefits for your income, we may ask you to reapply later when you have a separate income source.

Fundo adheres to federal and state laws regarding responsibly lending loans online, and this obliges us to do our part in not adding undue financial pressure to our borrowers. However, when we review your application for a fast cash loan, we take into account all aspects of your situation, regardless of your credit score. We aim to be a fair lender to those who need a loan.

What paperwork do I need to submit to qualify for bad credit loans?

There are some eligibility requirements that require documentary proof. The good news is that we have a list of which documents can be accepted when you apply.

While we don’t always require these documents, or may require only a few of them, it’s best to have them handy just in case we follow up with you on your application to get a loan today.

You can attach digital copies of the following:

  • Proof of identification, such as government-issued photo IDs, passports, or driver’s licences
  • Proof of address, such as a utility bill or statement of account
  • Financial information, such as bank statements or payslips
  • Information on outstanding bad credit fast cash loans or debts
  • Employment information (may include pay advice or salary enquiries)

These are among the key documentary requirements we look for, though in some instances, we may ask for other information as well. We do so to give your application a fair chance at loans paid in minutes. At Fundo, we don’t only rely on your credit score to determine your eligibility for our loans.

Do I need a deposit to get approved for instant bad credit loans?

With some other lenders, certainly – but not here at Fundo.

There are, typically, two categories of easy loans for bad credit available in the lending market: secured loans, which require collateral, and unsecured loans, which do not. Lenders require collateral to secure their small loans for bad credit against defaulting (non-payment from the borrower), particularly if the amounts involved are substantial or high-risk.

Thankfully, most lenders for bad credit loans online offer unsecured personal loans, as Fundo does. What this means is that our small short-term loans do not require any collateral, deposits, or other asset securities for our small advance loans. This way, even if you have bad credit, fast cash loans at Fundo are still accessible.

If you’re curious about your application’s chances of being approved, then the Fundo Credit Score may interest you as well.

The Fundo Credit Score is a unique scoring system that gives our borrowers the opportunity to increase their chances of getting their applications approved.

The higher your Fundo score, the better your chances of loan approval. You can increase your score even if you have bad credit; fast cash loan repayments are one method of doing so. Referring our products or services to friends and family and leaving feedback or reviews about us are some other easy methods.

With a high enough score, you may also qualify for discounts on monthly account fees or even on fast cash loans themselves.

You can interact with the Fundo Credit Score and other features through the self-service dashboard, our central portal for all things related to your Fundo loan account.

Through the dashboard, you can view your loan information, payment history, repayment schedule, and more. If you’re a returning borrower, the dashboard gives you access to a feature that lets you submit a new application in just three clicks for added convenience. We’ll even send all borrowers, new and returning, some helpful financial wellness tips for free through the dashboard.

Fundo aims to make loans not just practical and easy but also engaging and fun. You can put your mind at ease, whether you have good credit or bad credit. Fast cash loans at Fundo are open for application to people from all walks of life.

So what are you waiting for? Apply for a small Fundo loan today!

Disclaimer: Please note that the opinions expressed in this article, unless otherwise specified, are strictly for informational and entertainment purposes and should not be interpreted as financial advice or recommendations. Similarly, commentary views and opinions are subject to change without notice.