Ways to get a cash advance with no Credit Checks
In life there can be times that we may find ourselves in a situation where we need a cash advance with no credit check
The reason for this might be due to mistakes we made as young adults, or from a time where we did it tough a while ago. Whatever the reason for the bad credit, if you’re looking for a fast loan or a cash advance with no credit check in Australia, most personal loans will require a credit check – but that doesn’t have to be a bad thing if you’re with FUNDO!
FUNDO is able to consider your financial circumstances now, rather than being hung up on a mistake from years ago when circumstances were different. With FUNDO you can build your own Fundo Credit Score. If in present time you find yourself looking for a loan with no credit check – give FUNDO a go! We try to give a fair go to Aussies who need to access a bit of cash fast.
TIP! If you’re in need of a loan for a bill, try contacting your provider to see if they can help you. This is often the cheapest way to get back on track if you get a little behind.
How do I apply for a loan with Fundo?
To apply for a loan with FUNDO, it’s completely online! All you need is your mobile phone, your application information and a few minutes of your time. The process to apply is made simple – you can do it all from your phone. For returning customers, most of the work is already done and you can take advantage of our 3-Click-Apply feature on your personalised dashboard.
How fast can you be approved for a Fundo loan?
Fundo approves loans between 8AM and 6PM Sydney time on week days, and from 9AM to 5PM on weekends. We’re here for you and have worked hard to streamline the process so you aren’t waiting around for long! If you have all your information ready, you can apply in as little as 3 minutes! After your application is processed, if approved, the funds from your approved loan are deposited straight into your bank account!
It can be tempting to look for a cash advance with no credit checks, but with FUNDO we know that life has unexpected surprises and emergencies. Sometimes we need a teeny tiny loan to celebrate just right (did someone say Photo Booth!?), or to fix something that went wrong (looking at you, car repairs!) is all you need to get on your way.
FUNDO offers flexible repayment options to make it easy to manage your loan from your self service dashboard.
Whether it’s an unexpected bill, kickstarting a new hobby or simply moving house, FUNDO is here for you.
How can I get an instant cash advance?
The turnaround for a FUNDO loan is super fast – we help you to provide your information all in one go and we’ll let you know ASAP the outcome of your application. Sometimes we need to ask for extra documents to support your application, but we make that easy to do from your personalised dashboard.
Are there other loan types that don’t need a credit check?
One example of a loan that doesn’t require a credit check is a pawn loan. Pawn loans are a type of secured loan. Not all secured loans can be approved without a credit check, such as for a car loan.
What is a credit check?
A credit check is performed by lenders who enquire with credit reporting bodies about your credit history.
3 major reporting bodies in Australia are Experian, illion and Equifax. The information included in the report they provide usually includes information about how much money you have borrowed, this can include mobile phone plans too, the number of applications for credit you have submitted and whether you pay on time or not.
Some lenders have strict guidelines around an applicants credit score.
What is a credit score?
A credit score will be a number between 0-1200, depending on the credit reporting company. The score is determined by an analysis of the information in your credit report. The higher the score the more advantage you may have when negotiating loan terms, and while a lower score can indicate to a lender that you might be a greater risk to lend to, that doesn’t mean that no one will.
All lenders have their own criteria to assess and approve applications.
How can I improve my credit score?
You can improve your credit score by limiting the number of applications for credit that you make, and paying your existing commitments on time.
If you’re a FUNDO customer, there are lots of ways to improve your Fundo Credit Score, including paying on time, and leaving tips and reviews.
FAQs
Am I eligible for a Fundo loan?
We want to help as many Australians as possible!
Fundo is a responsible lender – as such, you must meet certain qualifications in order to be eligible for one of our great products!
You must:
- Be over 18
- Earn at least $300/week in regular income, excluding government benefits
- Demonstrate an ability to meet repayment deadlines
- Not place undue financial pressure on yourself by borrowing from Fundo.
What fees do you charge?
The costs associated with your loan are governed by responsible lending legislation.
In most cases we will charge a 20% establishment fee – calculated on your principal.
There is also a monthly account fee of 4%.
All our fees are in line with industry standards.
How do I apply for a Fundo loan?
Fill out all your details on the application form and one of your friendly Fundo team members will assess your application.
Best of all, applications submitted during business hours will be processed on the same day.
Don’t hesitate, apply now, and get your decision within seconds.
Fundo is a responsible lender – as such, you must meet certain qualifications in order to be eligible for one of our great products!
You will have to complete a new application for each loan so we can assess your current circumstances.
How can I contact FUNDO?
FUNDO is available by email, phone or live chat between 8AM and 6PM Sydney time on week days, and from 9AM to 5PM on weekends. Our team is always happy to hear from you and help with any questions that you may have.
Can I repay my loan early?
The quicker you pay your loan, the less you will be charged in monthly account fees.
Paying off your loan before its due date will be a positive mark on any future applications