$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.

What’s the easiest payday loan that you know of?

Chances are that each person has a different answer, which is a testament to the versatility of short term loans. These small payday loans online are becoming more commonplace today as technology progresses apace of new developments. As mobile devices and apps get more popular, we gain new ways to deliver services like loans.

Fundo has embraced this new way of lending wholeheartedly, with our 100% online applications and same-day approval possible for eligible applications. We do our best to give everyone a fair chance, as well, by making our applications more accessible to a wider range of borrowers in the country.

If your curiosity is piqued, then here is some information about how Fundo works that you’ll want to know about.

How much can I borrow from payday loans?

Depending on the loan type and lender, you could typically apply for amounts up to $2,000. This is because these amounts are what qualify for payday loans in Australia.

Payday loans are small-amount personal loans that are typically unsecured. Some of the easiest payday loan options do not require collateral to be approved, should an application be eligible for approval. Conversely, secured loans require collateral; examples of secured small loans in Australia are bond loans or car mortgages.

For Fundo, our fast money loans allow our borrowers to loan up to $2,000 through a variety of loan types, including dental, education, or travel loan options. Whatever loan type it is that you’re looking for, we likely have something that fits your needs.

We’ve even made it easier for returning borrowers to apply for a new loan in just three easy clicks – a boon for borrowers who are looking to save time when applying for fast loans.

Do lenders do credit checks for payday loans?

Some lenders do not require credit checks when you apply for a loan. Another misconception is that bad credit automatically disqualifies a person from applying for the easiest payday loan available. This is not true; however, traditional lenders tend to hesitate to lend to borrowers with bad credit and may levy higher interest rates or collateral requirements to secure their loans.

At Fundo, we feel that this is a bit unfair.

After all, it’s disheartening to have to comply with an exhaustive laundry list of requirements only to be turned away because of a past situation. Most importantly, it can be a waste of your time if you need your application reviewed urgently, and a bank may take days to weeks to get back to you.

At Fundo, your credit score is only one part of the process – it doesn’t determine the whole of your creditworthiness. We also look at other factors, such as your current ability to repay your loan. While we don’t guarantee 100% approval for bad credit applications, we do want to give everyone a fair shake.

If you have any questions about our application process or loan products, please don’t hesitate to get in touch with our customer service team. We’ll gladly talk you through your options.

What documents do I need to provide for payday loans?

At Fundo, our same day loans have a few eligibility requirements that we keep an eye out for. 

  • You’re at least eighteen years old at the time of application.
  • You’re a tax-paying Australian citizen or permanent resident.
  • You’re earning a minimum of $300 weekly, exclusive of government benefits.
  • You have the ability to meet repayment deadlines for your Fundo loan.
  • You won’t be under any undue financial pressure from a Fundo loan.

You may also be asked to supply supporting documents detailing your income, government benefits, personal information, and bank account information.

We may also ask applicants who rely solely on their government benefits, pensions, or allowances for financial assistance to reapply for a loan when they have income from a part-time or full-time job.

As part of our commitment to the lending laws of both the federal and state governments, we have an obligation to lend responsibly to our borrowers, especially if they will be placed under financial stress as a result of applying for our loans.

It’s also why we have the Fundo Credit Score.

The Fundo Credit Score is an interactive scoring system that allows our borrowers to increase their application’s chances of being reviewed sooner. The score increases when you interact with Fundo services, such as repaying your loans according to schedule or earlier, referring our loans and services to friends or family, and giving us positive feedback or reviews where possible.

The better your Fundo Credit Score, the better your application’s chances of approval.

A more engaging loan experience with Fundo

Let’s face it – the easiest payday loan management is, on the surface, generally not the most interesting topic to talk about. We want to change that, though, through our self-service dashboard.

The self-service dashboard gives our borrowers access to the information they need to review and manage their loan accounts. With the dashboard, you can review your loan documents, check your upcoming repayment schedules, apply for loans online, and otherwise handle your loan account the way you prefer.

We’ll even send you free financial wellness advice to help you better manage your instant personal loans.

Fundo makes loans more engaging through both our available loan products and the services we associate with them. You don’t have to keep searching for ‘the easiest payday loan’ online – apply for a short-term loan with us today!

Disclaimer: This article is solely for informational and entertainment purposes and does not constitute financial advice or recommendations. Any opinions or views expressed in the commentary may change.