{"id":815,"date":"2023-01-03T21:06:54","date_gmt":"2023-01-03T10:06:54","guid":{"rendered":"https:\/\/blog.fundo.com.au\/?p=815"},"modified":"2023-01-16T11:59:36","modified_gmt":"2023-01-16T00:59:36","slug":"short-term-loans-for-people-with-bad-credit","status":"publish","type":"post","link":"https:\/\/fundo.com.au\/blog\/short-term-loans-for-people-with-bad-credit\/","title":{"rendered":"Short Term Loans for People with Bad Credit"},"content":{"rendered":"<h1><span style=\"font-weight: 400;\">Short Term Loans for People with Bad Credit<\/span><\/h1>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Do you have a bad credit history that\u2019s limiting your ability to be approved for a loan? Are you looking for <a href=\"https:\/\/fundo.com.au\/blog\/top-short-term-pros-and-cons-to-consider-for-personal-loans\/\">Short Term Loans<\/a> for people with Bad Credit? Maybe you are looking for a bad credit payday loan to solve a particular financial problem like an unexpectedly high energy bill after Christmas, or for something fun like a last minute school holiday getaway. Whatever the case, everyone needs a little help sometimes!<\/span><\/p>\n<p>&nbsp;<\/p>\n<h2><span style=\"font-weight: 400;\">What is a short term loan?<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">A <\/span><a href=\"https:\/\/fundo.com.au\/short-term-loans\"><span style=\"font-weight: 400;\">short term<\/span><\/a><span style=\"font-weight: 400;\"> loan in Australia is defined as having a term between 16 days and 1 year, for an amount up to $2000.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Short term loans can be challenging to secure when you have bad credit, but not all lenders are the same!<\/span><span style=\"font-weight: 400;\"> FUNDO are able to approve short term <\/span><a href=\"https:\/\/fundo.com.au\/fast-cash-loans\"><span style=\"font-weight: 400;\">fast cash loans <\/span><\/a><span style=\"font-weight: 400;\">, with <\/span><a href=\"https:\/\/fundo.com.au\/no-check-loans\"><span style=\"font-weight: 400;\">no-credit checks<\/span><\/a><span style=\"font-weight: 400;\">, all on the <\/span><a href=\"https:\/\/fundo.com.au\/same-day-loans\"><span style=\"font-weight: 400;\">same-day<\/span><\/a><span style=\"font-weight: 400;\">. The days of dealing with complex applications are gone. So if you need cash today, and meet the eligibility criteria, FUNDO offers you an easy, fast, and smart way to secure small short term loans.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h2><span style=\"font-weight: 400;\">What type of loan does not require a credit check?<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">A Fundo <\/span><a href=\"https:\/\/fundo.com.au\/no-check-loans\"><span style=\"font-weight: 400;\">No-Check Loan<\/span><\/a><span style=\"font-weight: 400;\"> of course! To be eligible to apply for a FUNDO No-Check Loan you need to meet the minimum requirements.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">You must be at least 18 years old.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">You must provide proof or regular income of at least $300 per week.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Your regular income must come from a part time or full time job. Government benefits such as Centrelink are cool too.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Your income cannot be from Centrelink or pension only.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Current payment history with SACC lenders.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Now, if you don\u2019t meet the minimum requirements to be eligible for a no-check loan but you are concerned about a poor credit history, FUNDO understands. We\u2019ve all fallen under harsh circumstances at some point! If you\u2019re in a financial pickle and feel like no one\u2019s willing to give you a chance, we\u2019re here!<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Apply with us online, and we\u2019ll look at your credit history. We will place everything under consideration and hope to still be able to help you.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Fundo has been able to approve many Australian\u2019s that thought they had a questionable credit history. So, while we still carry out credit checks, we consider much more than your score, before approving or declining your application.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<h2><span style=\"font-weight: 400;\">Is no credit better than bad credit?<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Having no credit history is not necessarily bad. How important your credit history is will vary by lender and by loan product. Each lender will have their own credit criteria, sometimes applied to all of their products, or to just specific credit types.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If you are just starting out with managing your finances, having a low credit score can affect you if you are looking to take out a big loan, such as for a house or car. The reason for this may vary, but usually it is because there isn\u2019t enough financial history to support your application for credit. The good news is that you can increase, and also improve your credit score, by simply keeping on top of your bills.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<h2><span style=\"font-weight: 400;\">What are bad credit short term loans?<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Bad credit short term loans are generally given to individuals with poor credit scores and do not come with guaranteed approval. They are usually offered by non-bank lenders, like FUNDO! While bad credit personal loans are still subject to approval, when applying with a lender like FUNDO, we assess more than just your credit score when reviewing your application.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<h2><span style=\"font-weight: 400;\">How Fast Can You Receive a Bad Credit short term loan?<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The application process with Fundo is all online and incredibly quick! Returning customers can reapply in just 3 clicks, and if you are a new customer, our easy fill application process takes care of all the hassle for you. If approved, most customers will receive their cash within minutes! <\/span><span style=\"font-weight: 400;\">The process is much easier in the present times than it was in the past. Gone are the days of printing your bank statement at home, or waiting in line at the bank. All you need is to do is head to <\/span><a href=\"https:\/\/fundo.com.au\"><span style=\"font-weight: 400;\">https:\/\/fundo.com.au<\/span><\/a><span style=\"font-weight: 400;\"> to submit your application and supporting documents.<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3><span style=\"font-weight: 400;\">Conclusion<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">When you have bad credit, looking for a short term personal loan doesn\u2019t need to be difficult. There are many advantages to working with a reputable loan provider in Australia such as FUNDO! We offer fast funding, and flexible repayment terms. So whether you need an <\/span><a href=\"https:\/\/fundo.com.au\/no-check-loans\"><span style=\"font-weight: 400;\">easy cash loan<\/span><\/a><span style=\"font-weight: 400;\">, same-day Loan, or a bad credit personal loan, we got you covered.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><strong>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.\u00a0 The views reflected in the commentary are subject to change at any time without notice.<\/strong><\/p>\n<p>&nbsp;<\/p>\n<h2><span style=\"font-weight: 400;\">FAQ &#8211; to apply for Short Term Loans for people with Bad Credit<\/span><\/h2>\n<h2><span style=\"font-weight: 400;\">Is it okay for people with bad credit to take a short term loan out?<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Yes. If you can demonstrate that you are meeting your current obligations, and can afford to meet the repayments without any undue hardship in doing so, FUNDO can consider your application!<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If you\u2019re looking for a bad credit loan, you\u2019ve come to the right place! FUNDO can approves loans up to $2000, even on the weekends, even if you have bad credit.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">How long will it take to repay a short term bad credit loan?<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">A short term loan with Fundo is flexible and typically repaid between 5 and 20 weeks! The repayments are set up automatically, but if you want to take control of your repayments, you can access your personalised Fundo Dashboard where you can manage your repayments, check your Fundo Score, refer a friend and more!<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">How can I get a short term bad credit loan?<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Look no further than FUNDO for your short term loan. To apply for a loan, simply complete our easy online application \u2014 our friendly staff will assess your application quickly. If approved, we\u2019ll deposit the cash straight to your bank!<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Why should I choose FUNDO for a short term bad credit loan?<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">At FUNDO, we truly are your teeny tiny online loan specialists. Whether you\u2019re after a fast loan for a holiday, or something else entirely, we\u2019re here to help. Our range of services includes fast cash loans, same-day loans, small short-term loans and no credit check loans \u2014 all designed to get you out of a quick pickle with minimum fuss. Importantly, we understand that no two situations are alike. If you\u2019d like to discuss the most suitable loan option for your needs or your eligibility, simply get in touch with our friendly team today!<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">How can I get the best short term bad credit loan?<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">For Short Term Loans for people with Bad Credit, go straight to FUNDO! So long as you meet our minimum requirements for a small loan, you can apply. If approved, you\u2019ll enjoy the flexibility and benefits that come with a FUNDO loan, all from your dashboard which you can access with your mobile phone!<\/span><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Short Term Loans for People with Bad Credit &nbsp; Do you have a bad credit history that\u2019s limiting your ability to be approved for a loan? 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