What constitutes an emergency?
Depending on where you’re at in life, and who you ask, an emergency can mean something different for all Australians.
You could be a first time homeowner with your first plumbing problem, or an adventure seeker that needs an emergency dentist? Uh oh.Maybe it’s not so sinister and it is something exciting, like last minute concert ticket drops or a flash sale on flights? Or maybe it’s just life and your car won’t start as you’re about to leave for your first day at your new job.
Some of these things we plan and prepare for, like holidays, or keeping up with regular maintenance of the home and car, but for other events that may surprise us, (and sometimes delight us) we can end up let down by lack of funds if we don’t have savings set aside.
When you find yourself unprepared and are in need of an emergency cash loan, look no further than FUNDO. Be it for a plumbing emergency or plane tickets to Bali, you can use your FUNDO loan for the emergency you didn’t know you’d be having.
Bad Credit? FUNDO understands that we all need a little help sometimes, if that’s you, Fundo offers No Check loans so you can breathe easy!
This brings to mind a question that we probably don’t ask enough – have we prepared for the unexpected?
For starters, do you have an emergency fund? If you don’t and you need emergency cash fast, it’s probably too late to start one if you are having an emergency now, but don’t let that deter you from starting one as soon as possible!
If you have exhausted the bank of mum and dad, or you can’t make a payment plan, you might be considering a same day emergency cash loan to get you out of a spot if you don’t have emergency savings set aside..
If you have bad credit, you might be gritting your teeth at the thought of applying for a loan – and that’s where Fundo can help!
We understand that every person has a unique financial situation and mistakes that have been made in the past don’t always accurately reflect how we’re managing now. In an emergency, don’t let bad credit stop you from getting what you need – consider a no check loan with Fundo!
If you’re not having an emergency yet, but want to plan for the future, read on for our budget tips!
Make a budget
Consider what that might mean for your lifestyle as every person has different expenditures.
The general basic expenses: housing, food, bills and living expenses, while common, can vary in amount from household to household and circumstance to circumstance.
Another variable is your savings goals, whether you are looking to start with a short term savings goal like saving up for a new tv, or car rego, or something larger and longer term like purchasing a car or making a deposit for a home loan.
To begin, make a list of your non negotiable expenses that you need to budget for. This will help you to keep them at the front of your mind when you are considering your expenses
You can use tools such as the budget planner found on the MoneySmart website.
Stick to it!
Once you’ve designed your budget, the hard work comes in sticking to it!
Make sure you have budgeted enough for your reasonable ongoing expenses and if you can, allocate yourself some funds in the budget for leisure and recreation – this is a great way to have some room in your budget to enjoy yourself, which makes it easier to stick to in the long run. Just be sure to not exceed the budgeted amount that you’ve set, and if you have some left over one pay cycle, you can save it to boost the next adventure, or feel good about making an extra deposit to your savings or emergency funds.
Keep track
Tracking all your purchases can help come warranty time when you have the receipt accessible for larger expenses, and for smaller regular expenses it can help keep track of the costs over time, and help you get to know the prices so you can decide when you should stock up
Save money while saving money
Make sure your savings account is set up with the best possible deal. Some savings accounts can look to offer great interest rates, but end up charging more in fees than they do in interest due to something in the fine print.
When opening up a new savings account, discuss with your bank or financial institution what your savings goals and capacity is so that they can help you find the right account type, and make sure that you can meet the minimum requirements.
Your emergency funds account should be accessible in an emergency, but you want to avoid dipping into it and borrowing for non-emergencies. There are different account types that might suit this purpose, discuss with your financial institution or bank what type of accounts they offer to suit use as an emergency savings fund.
Need some fast cash but sick of the fine print? Fundo tells you everything up front. No hidden fees, charges, or fine print, just simple fast loans online. Returning customer? Log in to your self service dashboard, apply in 3 clicks and have the funds in your account within an hour.
What is an emergency loan?
Emergency loans are fast cash loans built with accessibility in mind. Applicants can submit their documentation through a simple online portal, and then be given a response nearly immediately. Successful applicants will have funds deposited into their accounts on the same business day, allowing you to focus on fixing the problem at hand.
The benefits of emergency same day loans
For thousands of Australians across the country, an emergency same day loan means the difference between an easy fix and a stressful situation.
- An instant emergency loan can be used to pay for almost any unexpected circumstance, from medical procedures to auto repairs.
- Emergency loans are highly personalised, allowing borrowers to choose the exact amount they need without going into unnecessary debt.
- Approved applicants will have cash deposited directly into their accounts, allowing them to make fast decisions.
Apply online with FUNDO to qualify for emergency same day loans as soon as possible.
How to apply for emergency cash loans in Australia
At FUNDO, we make it easier than ever to apply for emergency loans in Australia. FUNDO is an equal opportunity lender — and our no credit check loans are attainable for a diverse range of borrowers. Once you have submitted a successful online application, you should receive a small emergency loan within the same business day.
If you are over the age of 18 and a legal citizen or permanent resident of Australia, just follow these steps:
- Submit all relevant information about your full time or part-time job. If you happen to receive government benefits or pensions, we’d like to know about that as well.
- Gather recent bank statements and send them through our online application.
- Wait to hear back from the FUNDO crew. You should have an answer within 24 hours or less. If you’re accepted, have cash in your account by the same business day. Remember that applications submitted at day’s end or closing hours may take longer to process.
And that’s it — emergency loans from FUNDO are right around the corner. So apply online to get started today!
Why should I choose emergency loans online with FUNDO?
FUNDO makes emergency lending simple, easy, and accessible. Once you submit all required information, our experts can provide you with an answer and cash funding all on the same day. Chat with us online to learn more.
What type of emergency cash loans does FUNDO offer?
Borrowers can apply for emergency funds ranging between $300 and $2,000. Simply pick the amount you need, then let our experts take care of the rest. Never pay for more than you need, and avoid long-term debt with FUNDO’s competitive rates.
What are the requirements for quick emergency loans?
There are five major requirements for receiving an emergency loan from FUNDO.
- You must be over the age of 18.
- You must be a citizen or resident of Australia.
- You must be able to prove a regular source of income (min. $300 a week)
- You must have a full time or part-time job.
- You must meet other relevant borrower requirements.
Reach out to FUNDO today to inquire about our emergency lending services.
Disclaimer: The opinions expressed in the Blog are for general informational and entertainment purposes only and are not intended to provide specific advice or recommendations for any individual or on any specific investment product. It is only intended to provide education about the financial industry. The views reflected in the commentary are subject to change at any time without notice.
