Education Loans
Same day funds up to $5,000
Same day funds up to $5,000
Finder
We approved 320+ loans in the last 24 hours!
One of the greatest investments you can make is in yourself. You can go further in your career by taking on further education at TAFE, specialist training centres, or universities. Even if you gain a government-supported place or HECS-HELP, there are costs that you must pay out of your hip pocket.
Books, union fees, rental bonds, equipment for specialised courses, software, computer hardware such as laptops or single board computers, transport costs, excursion costs - the list goes on. If you are looking to start but are hesitant due to the high cost of getting everything sorted for the first day, it can feel daunting.
Fundo Loans are here to help with little cash loans for education ranging from $500 to $5,000, funded directly to your account once you’ve completed our three-minute application. You can nominate the amount you need, your bank account of choice, and have an answer within minutes. If you’re approved and you agree to your loan contract, you could have the funds in your account in 60 seconds or fewer, provided your account is PayID (Osko) enabled.
If you’re starting a new course and encounter a big and unavoidable bill that’s stopping you from getting the course materials you need, you can call upon Fundo to assist with a quick loan ranging from $500 to $5,000. This bill could be due to urgent medical bills, dental bills, insurance excesses, appliance replacement, car repairs, or urgent travel.
Need cash quickly for your Education? Just Fundo it!
Before you apply for a Fundo education loan, you need to meet our eligibility criteria. As of October 2024, Fundo will only accept applications from people who are:
Do you have bad credit? (A credit score of less than 549?) Don’t be afraid to apply at Fundo!
Fundo has helped thousands of Australians with bad credit gain the education loan they need so they can invest in themselves and advance their career and earning capacity. Need an itty bitty loan to get you into education? Fundo has your back!
In some ways, yes. But in a bunch of other ways, they're totally different. A personal loan from a bank or lender usually comes in higher amounts (think over $5,000) to snag something awesome. In a bunch of situations, personal loans are backed by something cool, like a car loan. Picture this: a tiny cash loan that doesn’t ask for collateral and lets you snag those must-have things you can’t hold onto, like last-minute plane tickets for that spontaneous trip, medical bills that just won’t wait, or urgent car fixes to keep your ride rolling.
So, personal loans usually stretch out over a good chunk of time—think around five years—especially when you're borrowing more than $10,000. Pretty wild, right? When it comes to personal loans, most places will hit you with a credit check that you can't wiggle out of. But at Fundo, we’ve got your back! We can help you snag an emergency loan without that pesky credit check, whenever possible.
Fundo only offers small and medium size loans (known as credit contracts) up to $5,000. If you require more than $5,000, we recommend that you contact a bank or lender for a personal loan. We do not recommend you take out two credit contracts at the same time, as this can decrease your credit score, either through taking on too much debt or through the threat of your application being declined. Contact a financial adviser for a clear understanding of your risks and what to do next.
We totally understand – the last thing you need is yet another credit check adding to your bad credit history. That’s why Fundo is like your trusty sidekick - we hustle to figure out if you’re a match for an urgent loan without diving into a formal credit check. We’ll throw some questions your way, and all we need from you is some honest, straight-up answers. This helps us figure out if snagging a small cash loan is a smart move for you and if you can pay it back without diving into any financial drama.
We're curious about your current income vibe and where it's coming from (like a job, freelancing, or maybe some government support). We also want to know why you're thinking about this loan (just a general idea), along with some basic ID and banking deets. That’s it, you’re sorted!
No, we don’t offer loans under $500. First of all, the fees and charges associated with loans of this size just aren’t worth the cost for you or for us. Second of all, education costs way more than $500 at the best of times. It’s better to take out as much cash as you need instead of coming back later for more, which incurs new fees. For smaller amounts, you might want to hit up family or friends (though we don’t recommend it), apply for a Centrelink advance, or get a no interest loan through Good Shepherd.
You get the money deposited direct into your bank account, once you’ve accepted the loan offer from us. If you have PayID, your funds appear within 60 seconds. It’s then your responsibility to use the money for what you need, and pay us back on time and in full.
Safe
and Secure. 5 min
application²
Safe
and Secure. 5 min
application²
Kim S.
Ellie P.
Robert D.
Safe
and Secure. 5 min
application²
Safe
and Secure. 5 min
application²
Loan amount from $500 to $2,000
Minimum 5 weeks to maximum 6
months
20% establishment fee and a flat
4% monthly fee4
Loan amount from $2,001 to $5,000
Minimum 9 weeks 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.
Safe
and Secure. 5 min
application²Terms 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.
I'd like to borrow ($500 - $5000)
