$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.

Bad Credit Loans

Are you in a financial bind and in need of bad credit loans? You may be wondering if it's even possible to get a loan without a good credit score. From home repairs to medical bills to unexpected expenses, life happens. And sometimes, it can leave you in a difficult financial situation.

If you have bad credit and are looking for quick loans , it can be hard to find one. But there are options available that can help you get back on your feet and keep your finances stable until you're able to work on improving your credit score.

With our quick processes at Fundo, you can easily apply for a loan today and get an outcome fast.

Is it possible to get a loan even with bad credit?

Yes, it’s possible to get a loan even with bad credit, though it may be more difficult than if you have good credit.

If you have bad credit, many mainstream lenders may refuse to take a ‘risk’ by giving money to you. But we don’t think that’s fair; a credit issue yesterday doesn't necessarily determine your ability to pay back today.

If you live on a non-traditional income stream (like self-employment or a part-time job), you may also find your credit score to be lacking. The good news is that there are options like those offered by us at Fundo that specialise in bad credit loans, and we can offer you better terms than a mainstream lender would.

We’re on a mission to simplify the way people get access to finance. No borrower likes red tape, and neither do we. That's why our bad credit loans replace standard credit checks with much simpler assessments.

People looking up bad credit loans may have many reasons for doing so, such as needing medical expenses, home improvements, debt consolidation, or even for wedding loans or travel loans. They are available to people with low or no credit scores.

If you have poor credit and need a small loan, Fundo may have the lending solution for you. We even provide an easier alternative for people struggling to get payday loans from traditional lenders, even if they have encountered some financial difficulties in the past.

Why are my loan interest rates higher if I have a bad credit history?

Having a bad credit history can make it more difficult to get approved for a loan, and when you are approved, the interest rates are typically higher in order to offset the uncertainty of lending to someone with a poor credit rating.

If you have a bad credit history, lenders may view you as a higher-risk borrower, meaning that they are less likely to get their money back if you default on the loan. To compensate for this risk, lenders may charge a higher interest rate on bad credit loans that they approve.

In general, having a bad credit history can make it harder and more expensive to get a loan. However, it is still possible to find products with reasonable interest rates and additional features that can benefit you.

Our teeny tiny loans are a great way to meet unexpected funding needs like car repairs, home improvements or medical expenses. If you’re looking for a loan that can help you with unexpected bills and expenses, we can help. Fundo’s short term loans are available to anyone over the age of 18 who has a steady income of at least $500 a week.

What is a quick way to improve my credit score?

Improving your credit score is a long-term process, but there are several steps you can take right away to start increasing it.

The first step is to review your credit report. Request a copy of your credit report from each of the appropriate bureaus and look for any errors or discrepancies that could be affecting your score. If you find any, contact the bureau immediately and ask them to correct it.

Next, pay down your debt. A key factor in your credit score is your debt-to-income ratio – or how much debt you owe compared to how much money you earn. Paying down your debt, even in small amounts, can help lower this ratio and improve your score.

If you don’t have a credit history, consider getting a credit card. As long as you use it responsibly, having a credit card and making regular payments can help your credit score. Just make sure to keep your balance low and pay off the balance in full each month if possible.

Finally, make sure to pay all of your bills on time. This includes not only credit cards but also utilities, rent, and other loan payments. Payment history is one of the most important factors in your credit score, so it’s essential to make all of your payments on time.

By taking these steps, you can begin to see an improvement in your credit score over time.

At Fundo, we're committed to supporting our borrowers in managing their finances. That’s why we provide advice and tips in the self-service and interactive dashboard on how to increase both their credit scores and their Fundo Credit Score.

The goal of the Fundo Credit Score is to encourage healthy borrowing practices. Fundo users can level up their scores by leaving reviews, referring friends, and paying early or on time.

In the past, you might have found yourself rejected because of a poor credit score or because the lender didn't have enough information about your financial situation. But here’s the good news: banks and other mainstream lenders are no longer the only solutions.

Whether you’re in need of education loans or a home renovation loans , with Fundo, credit scores are no longer the single, deciding factor in getting approval. With minimal borrowing criteria, we’ll consider your unique situation and credit history for a better picture. It only takes three minutes to send your necessary details.

For those looking up bad credit loans, Fundo may have the solution for you. Apply today for our teeny tiny loans!

Disclaimer: Please note that any opinions, analyses and recommendations made in this article are not intended as financial advice. Any commentary views are subject to change without notice at any time.