$500 - $5000
between $500 - $5000
up to 180 days
20% upfront establishment
fee 4% monthly fee

Small LOAN

Loan amount from $500 to $2000
Minimum 91+ days to Maximum 6 months
20% Establishment Fee and a flat 4% Monthly Fee*


Loan Amount of $1,000 over 20 weeks repayable weekly. $1,000(Principal Amount) + $200(20% Establishment Fee) + $200(fees based on 4% per month over 20 weeks) = $1,400 total repayable in 20 weekly repayments of $70.00.

*The example assumes timely repayment as per the loan agreement, or additional fees and charges may apply.


Loan amount from $2001 to $5000
Minimum 91+ days to Maximum 2 years
$400 Establishment Fee plus interest at 47.8% p.a. (Comparison Rate 66.58% p.a)*


Loan Amount $2500 over 2 years repayable fortnightly. $2,500 (Principal Amount) + $400 (Establishment Fee) + $1553 (Interest) = $4453 total repayable in 52 fortnightly instalments of $85.63

*The comparison rate is specific to a $2,500 loan over a two-year term with a $400 establishment fee and fortnightly repayments. Any deviation in loan amount, term, or additional fees and charges can result in a different comparison rate, and the given comparison rate only applies to the presented example.

If you are searching for the cheapest cash loans available on the market, you might be looking for funding to finish a renovation project, repair a car, or just consolidate debt. It can be challenging to find a lender that offers rates and terms that suit your situation because there are many options to choose from when you type ‘I need cash fast’ or ‘loans places’ into your browser. 

There are lenders that offer both secured and unsecured loans with varying terms. The key is to find the right lender for your needs. At Fundo, we understand that there are many situations where you need to borrow money quick, and our team is here to help. 

If your goal is to find the cheapest cash loans on the internet, you can use our services to get small, short-term loans with flexible repayment terms online. Fundo is an expert at taking the hassle out of personal loans, so you can get the funds you need with minimal fuss. You can complete an application in just a few minutes and enjoy quick turnaround times. If you’re ready to take the next step, apply now and let us help you get the funds you need.

Are loans cheaper to get online?

The answer to this question depends on a number of factors. If you are trying to determine what the cheapest cash loans in Australia are, generally speaking, online loans can be cheaper to get than traditional loans from banks and other financial institutions. This is because online lenders tend to offer more competitive rates due to the lower operating costs associated with providing their services over the internet.

But it also depends on your creditworthiness, since lenders, whether traditional banks or not, may offer you more competitive rates based on your financial circumstances.

Online loans can be easier to apply for and receive, as they are usually processed quicker than traditional loans and don’t require as much paperwork. Additionally, online lenders may offer more flexible repayment options and allow you to customise a loan that meets your needs. 

Fundo offers competitive rates and fees to people searching for the cheapest cash loans with good and not-so-good credit scores, as long as they meet our eligibility requirements, so there’s no need to resort to ‘bad credit cash loans’.

You must meet the following criteria in order to qualify for one of our quick loans:

  • When you submit your application, you must be at least 18 years old.
  • You must be an Australian citizen or a tax-paying resident.
  • You must have a regular income of $300 per week, excluding government benefits.
  • You have to be able to show that you are capable of meeting your repayment deadlines.
  • You must not place undue financial pressure on yourself by borrowing from Fundo.

Why do short-term loans have higher interest rates?

If you are looking for the cheapest cash loans, you might notice that quick short term loans typically have higher interest rates than long-term loans. It’s because they are considered riskier for lenders. The shorter repayment window associated with short-term loans means that the lender may be unable to recoup the amount of money borrowed plus interest if the borrower defaults or cannot repay the loan in a timely manner. 

At Fundo, we give you the power to choose the length of your loan so you can better manage your repayments. Most of our borrowers typically choose a loan term between five and twenty weeks. Find the most appropriate option for your situation with us.

What fees do I usually pay when getting a loan?

If you want to find the cheapest cash loans, the fees you can expect to pay will depend on the particular loan and lender you are dealing with. Generally, however, you may be required to pay establishment fees (for setting up a loan), ongoing fees (such as annual fees or monthly account-keeping fees), and service fees (for evaluating your loan application).

Our online loans at Fundo are completely transparent, from rates and fees to repayment schedules, so as long as you make your repayments on time, you won’t have to worry about any unwanted surprises down the road. This allows you to determine whether getting a loan from Fundo is right for you before you even apply for one.

You can use our user-friendly, interactive self-service dashboard whenever you need to make or reschedule your repayments. You can also receive regular guidance on a variety of areas relating to financial health.  We cover a wide range of topics, from ‘personal loans online Australia’ to ‘24/7 instant loans’.

You can also use the dashboard to keep track of and interact with your Fundo Credit Score, our one-of-a-kind rewards system that lets you rack up points for things like paying off your loan early, leaving a review, and referring your friends to use the service, among other things. You can increase the likelihood of having your next loan application approved as your score goes up.

Instead of hunting down the cheapest cash loans online, apply for a teeny tiny loan today with us at Fundo!

Disclaimer: Please note that the opinions expressed in this article are strictly for informational and entertainment purposes only and are not intended to be financial advice. Commentary views are subject to change at any time without notice.