Short-term loans provided by Fundo are innovative financial products that assist individuals in acquiring products or services that they cannot afford at the present moment – our wide customer base includes Australians from all walks of life, if we can help you, we will.

Fundo understands that life presents unexpected financial challenges – it may be a hospital bills, a car repayment, or other expenses of a personal nature that must be paid in a timely manner – we provide instant* online loan approval for Australians in need of urgent assistance.

As a responsible lender, Fundo doesn’t discriminate or judge those who apply for our financial products – in the spirit of honest Australian business, we aim to help as many individuals as possible.


Applying for a Short-Term Loan at Fundo Loans

Australia has a plethora of choices for short-term financial products – many of these businesses are archaic in their operations and neglect their customers. At Fundo, the customer is at the center of what we do. Our gamified loan experience offers a seamless journey from application to final payment – your unique Fundo Credit Score will continue to grow as you borrow and payback existing loans on time – the higher your score, the better chance of approval!

At Fundo we believe in lending to those with good and bad credit – Australians deserve a lender that overlooks your credit score and analyses you and your spending patterns to determine your eligibility. We want to help you!

What Makes the Fundo Way Better?

We offer a seamless experience for our clients – our modern and innovative application process sees your application going through our unique online loan approval program. In most cases, you will know the status of your application within the hour*.

Our online platform means you can apply for a short-term loan with Fundo from the comfort of your bed. Our gamified loan experience takes our customers on a journey to financial wellness whilst providing much needed assistance along the way.

We reward our customers for showing outstanding financial behavior – the only lender in Australia to do so.

Understanding Your Fundo Credit Score

Your Fundo Credit Score is unique to our platform – it is representative of your repayment history with us along with other factors. Fundo uses this score to determine your eligibility for loans – a higher score indicates an increased chance of application approval.

Your Fundo Credit Score is separate from a credit score provided by one of Australia’s many credit reporting agencies. We will never share this score with other lenders – it is solely used by our approvals team to determine your eligibility.

By seeing your Fundo Credit Score, customers can directly contribute to their own financial wellness by completing certain tasks to increase their scores.


How to Multiply your Chances for Getting Instant Loan Approval

If you are concerned about your Fundo application being declined, there are some steps you can put in place to increase your eligibility.

Whilst having a good credit score is not essential, it does reduce your risk profile – as such, we can offer those with higher credit scores access to more funds and an even more flexible repayment term.

As your Fundo Credit Score goes higher, your chance of getting more funds is.

Regardless of your credit score, there are other actions that can be taken to improve your chances of success.


1.   Don’t Apply for a Loan with Multiple Lenders Simultaneously

A very common and avoidable mistake that applicants make is applying for a loan simultaneously to different lenders.

By doing this, you are unknowingly hurting your credit score which will eventually lead your application towards rejection.

You need to do your research and apply for a loan to a single institution that you deem to have higher online loan approval chances for you.

2.      Correct the Errors in the Credit Report

If there are errors within your credit report, it will cause issues when our approval team reviews your application.

Requesting your credit report prior to applying for a loan can help you smooth out any inconsistencies and improve your chances of approval. Requesting a copy should be free and available to all Australian residents and citizens.

In most cases, your credit report will be accurate, however, and most commonly, victims of identity theft will find errors that can be removed and fixed through each reporting agencies proper processes.

Ensure you have all your identity documentation on hand to speed up the process of viewing your report. 

3.      Make Careful Choices on Loan Amount

You need to evaluate your requirements and decide on the amount you wish to borrow from Fundo. Be sure in your mind that you can pay the installments every month without stressing your budget.

You should not be compromising on your financial commitments for the sake of paying installments. Your debt-to-income ratio plays a very crucial role in the approval of your loan.

Choose a responsible amount for your loan to.

4.      Show All Income Sources

If you have multiple sources of income that are not listed in your application, then go ahead and include them on your application.

At times, just one income source might not qualify you for online loan approval. Therefore, if you have multiple income sources, be sure to include them on your application.

How to Get Fundo Points

Fundo Points can be earned by completing actions and making repayments throughout the Fundo Loans ecosystem.

You can get Fundo points by doing the following:

    You can earn points through referral.

  • You gain points for referring a friend (25 points), and more points if your friend gets approval on their loan (50 points).

    You can earn points by making payments.

  • Yes, by just doing what you’re supposed to do – you get points! You can get up to 150 points for paying your loans on time with Fundo.

     You can earn points by being punctual.

  • Fundo will give you extra points if you close your loans without any late payments or reschedules.



How do I qualify for a loan?

Qualifying for a loan depends on several factors such as your annual income, resident type, working organization, debt-to-income ratio, and other such factors.

How can I get approved for a personal loan?

You need to meet the eligibility criteria set by Fundo to get . Factors such as your credit report, along with previous repayment history will be considered when your application is decided upon.

What disqualifies you from getting a loan?

The most common reason for disqualifying from getting a loan is bad credit history, low credit score or high debt-to-income ratio. Ensure that you educate yourself on financial wellness before applying for any type of credit product.

How can I get approved for a loan quickly?

If you maintain a good credit score, keep a good bank balance, have a good salary, and have all of the necessary documents, then you will be able to get the loan approved quickly.

 What are my repayments going to be?

In some cases, we will be able to offer what you are asking for on your application. Depending on your credit score and past repayment history, we may set preferable terms for your loan – for customers who have a negative repayment history, we may add additional terms on your repayments to ensure you are financially able to meet your commitments.

*We endeavor to send the result of your loan application in the shortest time possible. In most cases, suitability checks take 30 minutes to an hour, in some cases where further checks are required, the decision is dependent on how quickly you can submit the documents requested by our loan approval team.


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.

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Australian Credit License: 491418