FUNDO
LOAN EXAMPLE
Borrow
between
$500 - $5000
Flexible
Payment
Terms
NO HIDDEN FEES
PAYOUT EARLY
FOR DISCOUNTS
Borrow
between $500 - $5000
Pay
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*
Example
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.
MEDIUM LOAN
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)*
Example
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.
Dealing with financial insecurity can be a stressful and uncertain experience, especially when unexpected expenses arise. A lot of individuals feel like they have no other choice but to apply for an easy cash advance as traditional lenders usually have stringent requirements and long processing times.
Luckily, at Fundo, we understand the need for quick and easy access to funds in times of financial hardship. We want to make it possible for eligible applicants to get closer to the short-term funding they need through our streamlined application process and quick turnaround times. With us, you can have the financial support you need without the hassle.
Is it a good idea to get a cash advance online?
Getting an easy cash advance online could be a good idea, depending on the circumstances. If you need access to funds quickly and don’t have other available options, a cash advance may be viable. However, it’s crucial to consider the associated costs and risks that come with getting a cash advance online.
Cash advances typically come with daily interest and other fees, which you have to pay back quickly, so if you’re unable to pay it off on time, you could end up in a more difficult financial situation than you started with.
At Fundo, we understand that sometimes, unexpected expenses may arise, and you need cash fast. That’s why we offer short-term loans for those who are in need of quick financing. Our online quick cash loans range from $500 to $2,000, providing you with the necessary funds to cover unexpected expenses.
Additionally, we offer adjustable repayment terms of up to 180 days, giving you the flexibility to pay back the loan on your own terms. So whether you’re dealing with an emergency or taking advantage of a great opportunity, Fundo is here to help you get closer to the funds you need.
Where is the best place to get a cash advance?
The best place to get an easy cash advance or cash payday loan depends on your personal financial situation and what type of loan you are looking for.
If you have good credit, then you may want to consider taking out a personal loan from a bank or credit union rather than an easy cash advance. These loans are typically more affordable than other types of loans and may come with more favourable repayment terms. If you have less-than-ideal credit, then you may want to look into a payday loan or other short-term loan option.
With Fundo, you can apply for cash loans online even if your credit score isn’t ideal. We have our own credit scoring system, the Fundo Credit Score, which rewards you for paying on time, sharing feedback, and referring friends, making it easier to be approved for fast loans. Plus, you can improve your Fundo score to enjoy special discounts and benefits.
At Fundo, we make it convenient to apply for a quick personal loan online. With our straightforward online application process, you can apply from the comfort of your own home. Click ‘Apply Now’ on our homepage, follow the prompts, and if you qualify, we’ll send you an agreement and deposit the funds into your account as soon as possible. If you apply and get approved within business hours, you could even get the money on the same day.
How do I qualify for a cash advance loan?
The terms for qualifying for an easy cash advance depend on the specific lender and the loan they offer. Generally, you may need to meet certain requirements in order to qualify for a cash advance loan or any other type of loan.
To be eligible for our simple cash loans at Fundo, you must:
- be at least 18 years old at the time of your application;
- be a citizen or tax-paying resident of Australia;
- earn at least $300 per week in regular income, excluding government benefits;
- demonstrate an ability to meet repayment deadlines; and
- ensure you won’t place undue financial pressure on yourself by borrowing from Fundo.
If you are approved for a loan at Fundo, we strive to make your loan experience as stress-free as possible. That’s why we offer a self-service account dashboard, where you can view and update your account, make or reschedule repayments, and easily keep track of your quick easy loan information, such as balance, duration, and payment dates.
Fundo: Where convenience meets financial flexibility
At Fundo, we’re all about making things simple for you. We know that unexpected expenses can pop up out of nowhere and leave you scrambling for cash, and we want to give you more options than an easy cash advance. That’s why we make it possible to get a loan fast for approved applicants, so you can get the funds you need fast and without hassle.
Our application and fast loan approval process for easy cash loans eliminate the need to spend hours filling out forms or the need to deal with the short repayment terms of an easy cash advance. Plus, with the possibility of same-day funding, you could have the cash you need in your account before you know it.
We’re your go-to experts when it comes to Australia loans online, and we’re here to help you get the financial assistance you need when you need it. Apply now and experience the Fundo difference!
Disclaimer: Unless otherwise specified, the opinions expressed in this article are strictly for general informational and entertainment purposes only and should not be taken as financial advice or recommendations. Any commentary views are subject to change without notice at any time.