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.
Have you been looking up ‘emergency cash immediately Australia’? If the thought of unexpected expenses or financial emergencies is causing you stress and anxiety, or you feel like you have nowhere to turn for a quick and reliable solution, don’t worry; there are options available to help you get the cash you need in a pinch.
Whether you are looking for same day loans, a cash advance, or access to quick cash, Fundo has loan solutions available to help you get the funds you need to get through tough times.
Where is the best place to get emergency cash immediately?
When you’re in a financial emergency, you might need cash as soon as possible to resolve the situation. There are a few options available to you for those in search of ‘emergency cash immediately Australia’, some of which are more reliable and beneficial than others.
Many people who are looking for a short-term solution to their financial problems consider getting an advance on their paycheck. This is typically done through their employers or a third-party lender. However, this type of loan comes with many fees and restrictions that make it hard for some people to qualify.
At Fundo, all of our processes are handled online. You can apply for loans from the comfort of your own home, eliminating the need to visit a bank in person and wait in long queues. As long as you meet the requirements, you can apply for a fast online loan.
Instead of scrolling through the results for ‘emergency cash immediately Australia’, just visit our homepage, click the ‘Apply Now’ button, and fill out the form that pops up. If you meet the requirements, we’ll inform you of your approval and deposit the money into your account as soon as possible.
Are online money lenders open even during the weekends?
It depends on the specific lender and their business hours. Some online lenders may have limited hours of operation on weekends.
If you’re looking for ‘emergency cash immediately Australia’, it is also important to note that even if a lender is open on weekends, the processing of loan applications and the disbursement of funds may not happen immediately and may be subject to delays due to banking processes.
Since Fundo’s application system is done completely online, you can apply for a new loan at any time of day, seven days a week. Our approval process happens during specific business hours of operation, which are weekdays from 9 am to 6 pm and Saturdays from 9 am to 5 pm.
However, even if you submit your application after or close to the end of our business hours, you can still get your result promptly on the next business day. Once you have been approved, you can get your money sent within the same day, subject to the processing times of different banks, of course.
Why do weekend loans cost more than other types of loans?
You may have encountered the term weekend loan in your ‘emergency cash immediately Australia’ research. A weekend loan is a type of short-term, high-interest loan that is typically processed on the same day that it is approved. They are more expensive for lenders to issue and process because:
Risk. Weekend loans are often offered to borrowers who have less-than-perfect credit or who may not qualify for traditional loans. Because lenders believe they are taking on more risk by lending to these borrowers, they may charge higher fees and interest rates to compensate for the additional risk.
Convenience. Weekend loans are often marketed as a convenient way to get access to funds quickly, and the lender may charge higher fees and interest rates to accommodate this convenience.
Short-term nature. Weekend loans are typically designed to be repaid within a short period of time, often between a few weeks and a year. Because the lender is not being paid back over a long period of time, they may charge higher fees and interest rates to compensate for the shorter repayment term.
If you’ve been searching for ‘emergency cash immediately Australia’ online, we offer more than just your average weekend loan here at Fundo. Our small, fast loans include flexible repayment terms and can be used for any number of reasons, be it as dental loans, education loans, or even a travel loan. Our loans are designed to help you get back on your feet quickly and easily.
At Fundo, we offer you the ability to keep track of your online loan at any time of the day. Manage your account by using our online dashboard. You can easily monitor your loan information, including balance, duration, payment dates, and points, and make or reschedule repayments. You can also check and interact with your Fundo Credit Score.
The Fundo Credit Score is our very own rewards system that is based on your entire history with us. It encourages good borrowing habits by providing exclusive discounts and other benefits as you earn more points by paying on time, leaving reviews, or referring friends. You can also get additional points if your friend’s loan application is approved.
The higher your Fundo Credit Score, the better deals you will get and the higher your chances of approval will be for your next loan. This is completely separate from your credit score with the credit reporting agencies.
Stop searching for ‘emergency cash immediately Australia’. Apply with Fundo for a breezy borrowing experience today!
Disclaimer: This article does not constitute financial advice or recommendation unless otherwise stated and is strictly for informational and entertainment purposes only. All commentary views are subject to change at any time without notice.