If bad timing has struck you might be wondering if it’s possible and easy to get same-day loans, or maybe you’re wondering what is the easiest loan to get approved for?
While those are very valid and important questions, it’s also important that we put some of the focus on our safety and security online – read on for our introductory guide on the simplest and safest way to get a loan on the same day.
Bad timing happens to the best of us, at the worst of times.
The brakes are squealing before you head on a road trip, the seal on the fridge has given up just coming into summer, the electricity bill has shot up and come in at the same time as car rego, the school excursion fees are due – now what! You’ve prepared for everything as far as you could but something still ends up going wrong or falling short.
If you’ve exhausted all your options in trying to make arrangements, you might have arrived at needing to look into finance to get things done on time or before the due date.
So, you need to know how you can get an instant loan in an hour? Safety first!
The internet can be a weird and wonderful place, but in the age of the internet, we need to take care with where we are entering our personal information. Many Australians were recently affected by a data breach and so while data breaches can happen to anyone, it remains important that we carefully choose who we are sharing our information with online to avoid loan scams.
What are some simple steps I can take to make sure I’m dealing with an authorized Australian lender and not a scammer?
Start by confirming the business is located and allowed to trade in Australia. You can start off
by confirming that they have a registered Australian Business Number (ABN), or Australian Company Number (ACN), and, depending on the loan type you are seeking, that they hold the appropriate Australian Credit License.
You would usually expect to find these details on their website, and from there you can search them on the appropriate registries to confirm that the business is indeed registered to trade in Australia, and holds the appropriate license for engaging in credit activities.
Depending on the type of loan that you choose to apply for, licensing can be different, so ensure you research not only the lender, but the loan type.
If you can’t find these details available from their website, chances are it’s too good to be true – but not always. Sometimes these details can be tucked away in terms and conditions pages, so make sure to give their website a thorough review, or call and ask them directly.
If you’re satisfied that the business is a legitimate business that is permitted to trade and operate in Australia, you can check out reviews from independent platforms, like Product Review.
Independent review platforms help Australians to make informed choices about where they choose to spend (or save!) their money. These independent platforms offer valuable community-sourced opinions and feedback which can ultimately play a huge part in helping you make your next financial decision.
When using reviews to aid in decision-making, look for key factors that are important to you. If you are in need of cash fast, did their customers say that their loan was fast or easy? Some sites allow you to filter reviews based on key factors you may be searching for – take advantage of this to make the most of your research.
Now that we have established some checks you can perform to ensure you are sharing your personal information with a legitimate lender – let;’s look at getting you funded!
How can I get a loan on the same day?
Many small-amount lenders can offer you same day funding if you have all the information they need at hand, and they are happy to approve you.
FUNDO offers funding within the hour if you are over the age of 18, a resident of Australia, receiving income of $1000 per fortnight in your bank account and have internet banking, simply fill in our 3-minute application form for your outcome today!
All applications are subject to eligibility and lending criteria being met. If further clarifications or evidence documents are required, or if you’ve applied outside our business hours, the total processing time may exceed 1 hour.
What is the easiest loan to get approved for?
If we’re being totally honest, probably the bank of Mum and Dad, however, if that’s not an option for you, that’s okay – the Fundo Family’s got you!
What makes it so easy is our
- 3-minute online application form
- Knowledgeable lending and customer service team
- Instant deposit to your account!
If you’re a returning customer, take advantage of your Fundo Score and use the 3-click apply feature from your self-service dashboard today!
Now, we’d be biased if we said the easiest loan to be approved for is a Fundo Loan, so while you are researching, check out what our customers have to say about our process – we’re proud to maintain a high rating on Google Reviews and Product Review – and take our customer feedback seriously so we can improve.
Both of these platforms are independently managed so you can feel confident that the reviews are from real, honest Australians, just like you!
How can I get an instant loan in 1 hour?
When bad timing strikes and you need an instant loan, look no further than FUNDO Loans!
If you meet our eligibility criteria, and the following applies to you, you can have the cash in your account in 60 minutes!
- identification and proof of income on hand
- internet banking access
- 3 minutes to fill in the application form
All applications are subject to eligibility and lending criteria being met. If further clarifications or evidence documents are required, or if you’ve applied outside our business hours, the total processing time may exceed 1 hour.
Will you do a credit check?
We are responsible lenders. We lend to people with good credit and bad credit ratings, as we focus on your ability to meet your payments, not your past financial situation. So whilst we do check your credit, it plays a small role in our decision making.
We won’t do it without your express consent, which you provide to us when you apply for a Fundo Loan.
Worried about bad credit?
Don’t be. With FUNDO, you’ll see that not all lenders are the same. Read about our No Check loans if you need to get a loan today!
Same-Day Loan Costs
Fundo Loans guarantee transparent same-day loans. Meaning, you can get up to $2,000 loan amount into your bank account without any hidden fees! Our loan costs and terms are as clear as water and you will not regret choosing us. Here’s what you need to know about our same-day loan costs.
- 20% of the amount borrowed is for the establishment fee.
- 4% of the amount borrowed goes to the monthly loan fee.
Generally, our short-term loan period lasts for up to 9 weeks, and you have the freedom to pay out your loan early at any time with your personalized Self-Service Dashboard!
How can I contact FUNDO if I have any questions about their same-day loans online?
We’re just a phone call away! Give us a ring on 02 9066 9660 — we’ll be able to answer any questions you may have about our lending process and help you get started with an application.
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.
