Will Online Lenders Allow Me To Ask For More Money On A Current Loan?
Same day funds up to $5,000
Same day funds up to $5,000
Your current budget may not always be able to cover an emergency expense. As such, you may end up looking for loan offers, such as Clear Cash loans, in hopes of accessing funding. However, you don’t have to search elsewhere to get closer to financing now that you’ve reached Fundo.
At Fundo, we offer small personal loans to help you cover unexpected expenses flexibly and conveniently. Trust Fundo to provide the support you need when you need it most.
Online lenders have different policies regarding borrowing more money on a current loan, such as Clear Cash loans. Some lenders may allow it, while others may not. Note that if you borrow more money on a loan you already have, you may have to pay more fees and interest.
At Fundo, we believe in responsible lending. Unfortunately, we don’t allow you to ask for more money on a current loan or allow borrowers to open more than one loan until the current loan is paid in full.
If you’ve paid off your Fundo loan and need more money to cover expenses, you can easily reapply for a new loan in just three clicks. We offer flexible loan amounts from $500 to $2,000, allowing you to fund your sudden cash gap.
If you are facing difficulty paying off your loan, we may be able to help you by adjusting the repayment terms to suit your needs. Just let us know in advance so that we can understand your situation. We prioritise the financial well-being of our borrowers and are committed to providing the support you deserve.
Instead of searching for Clear Cash loans, consider applying for easy cash loans or quick short-term loans with Fundo. We are here to help approved borrowers responsibly cover gaps in their budgets.
It’s possible to apply for loans online from multiple lenders, but it’s essential to keep in mind that applying for multiple loans at once may have a negative impact on your credit score. When you apply for a loan, the lender will typically perform a hard credit enquiry, which can lower your credit score.
At Fundo, we’ve developed the Fundo Credit Score, our unique credit scoring system that rewards sound financial decisions you make with your Fundo loans. When you practise good borrowing habits, such as making repayments early or on time, your Fundo Credit Score will rise. Your future Fundo loan application is more likely to be approved if your score is higher.
Moreover, if you choose Fundo as your sole loan provider – instead of using Clear Cash loans and other loan offers – you can further improve your Fundo Credit Score.
We also understand that your current credit score may not reflect your current financial status. We have an understanding approach to reviewing loan applications, even if you have a less-than-ideal credit score.
While we still check your credit as responsible lenders, your credit score only plays a minor role in our assessment. Instead, we look at other factors, such as your ability to repay, to determine if you are eligible for a Fundo loan.
To qualify for a Fundo loan, you must:
Fundo reviews your loan application carefully and fairly. Instead of searching for no credit check instant loans, Clear Cash loans, or instant approval loans, you can learn more about how to apply for a quick personal loan online with Fundo.
When looking for online loan places, you should consider the application process, loan terms, and turnaround times. It’s also essential to ensure the lender has a licence and is a reputable lender.
Instead of looking at loan offers from other lenders, such as Clear Cash loans, consider Fundo loans if you want to borrow money online. We offer a streamlined loan application process that’s completely online.
From flexible loan terms and fees to responsible lending practices, we at Fundo do what we can to help approved borrowers access the funding they need. We’re licenced under the Australian Securities & Investments Commission (ASIC), and we abide by responsible lending legislation.
In addition, we encourage our borrowers toward financial wellness by informing them about good money habits in a fun and engaging way.
With our self-service dashboard, you can keep track of your Fundo loans and get tips daily on improving your financial health. You can monitor these and more, from the outstanding loan amount to the repayment schedule and terms.
You can contact us via phone or email if you have questions like ‘What are payday loans?’ or ‘What are instant online loans?’ We are available from Monday to Friday, 9.00 a.m. to 6.00 p.m., and Saturday, 9.00 a.m. to 5.00 p.m.
When you’re looking for Clear Cash loans online, you may want to consider applying for a small personal loan at Fundo!
Disclaimer: This article is only meant for entertainment and general information and is not intended to be taken as financial advice. All information and opinions in this article are subject to change without notice.
Loan amount from $500 to $2,000
Minimum 91+ days to maximum 6
months
20% establishment fee and a flat
4% monthly fee4
Loan amount from $2,001 to $5,000
Minimum 91+ days to maximum 2 years
$400 establishment fee, interest at
47.80% p.a. (comparison rate 66.58% p.a.)5
4 Fees are based on loan principal advanced.
5 Comparison rate is based on an unsecured loan of $2,500 over a term of 2 years.
WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
6 The example assumes timely repayment as per the loan agreement, or additional fees and charges may apply.
Terms and conditions and fees and charges apply. Approval and loan amount are subject to our credit assessment criteria.
¹As soon as you sign your contract, we instantly send the funds to your nominated bank account. If your bank works with the New Payments Platform (NPP), most customers see funds in their account within 60 seconds. If your bank is not NPP enabled, or its a public holiday, the funds are usually received by the next business day
²Applying for a loan with Fundo usually takes about 5 minutes. However, this time can change based on a few things, such as your typing speed, the device you're using, and whether you have all the necessary information ready to go.
³As the approval process is influenced by various external factors, we can't guarantee that you'll receive a decision on the same day. However, most of our customers do receive a same-day response to their application with Fundo, if they submit their loan application and all the requested supporting information by 4pm Sydney time during a regular business day.
Fundo is an Australian direct lender that offers short-term, small loans without any legal jargon or red tape. Our online loans are designed to provide access to a broad range of qualified applicants, including those with less-than-perfect credit.
Finding small loans with flexible repayment terms is now a reality with Fundo - no need to keep searching for 'Debt Consolidation Loans Bad Credit', 'Personal Loan With Fast Approval', or '24 Hours Cash Loans'. Applying for Fundo loans in the future gets more engaging when you pay off your loans in advance penalty-free while also increasing your chances for approval.
Fundo believes that eligible applicants should be able to get closer to the loans they need. If you've been looking for small cash loans through search terms like 'Instant Approval Loans Need Cash Today', 'Payday Loans No Credit Check', or 'Savvy Loans', then you can stop looking now - let us show you how easy it is to apply for a loan with Fundo.
We typically respond within 2 min or sooner.