Am I qulified for short terms loans with fundo? In order for your online loan application to be considered, you have to be at least 18 years old. You also need to have a regular income of at least $300/week from a full time or part time job. This also includes government benefits and pensions. However, keep in mind that your income cannot come fully from government benefits or pensions.
Fundo is built on responsible lending. You will need to show that you can comfortable pay your repayments. We tend to disapprove loan applications if the applicant is at risk of being placed in a financial pickle as a result of borrowing money from Fundo.
I am unemployed, can I still get a loan? In order for your online loan application to be considered, you need to have a regular income of at least $300/week from a full time or part time job. This also includes government benefits and pensions. However, keep in mind that your income cannot come fully from government benefits or pensions.
I am on a pension, can I still get a loan? You must be earning a minimum of $300/week from a combination of employment wages and government benefits. Sadly, we cannot approve loan applications if the applicant solely relies on a pension.
How much will it cost me to get a loan? Check out our LOAN COSTS PAGE for a full-on, detailed explanation of our fees. In a nutshell, there is an establishment fee amounting to 20% of your total loan amount and a monthly fee of 4%. Don’t worry though, these are flat fees. You will be notified of the exact amounts when you get the loan.
How soon before I repay a loan? Fundo loans usually run for a period of 5 – 20 weeks
Can I repay my loan early? That’s a big YES
What if I can’t pay on schedule? You were in a financial pickle so you decided to Fundo it! However, during repayment, another financial pickle comes along! What do you do? Well, just call out customer care team and we can lay out more options for you. It is possible for us to adjust your payments or reschedule. But bare in mind that we need 2 days notice for this.
What if I miss a payment? Well, fees happen. If you feel like you won’t make a payment on time, contact our customer care team so we can come up with solutions.
How do I apply for a fundo loan? We knew you’d ask eventually! All you need to do is fill out our online application form HERE . Our ever-compassionate Fundo team will assess your application and get to a decision real quick! (If you send in your Fundo loan application during business hours, we will be sure to get back to you on the same day).
What time should I send my application? Anytime! The application process is online 24/7! However, keep in mind that if you send your application in after business hours, the decision may come the next working day.
How soon can I get my loan? If everything goes well, and you submitted your application within business hours, chances are you can get your cash on the same day! However, delays do happen and if your application barely makes it in time for approval within business hours, considering banking processing delays, you may get your hands on your loan the next day instead.
What can I use my fundo loan for? Anything under the sun bud.
Can I have more than one active loan? Sorry friend, but no. You must complete repayment for your existing loans before applying for another one.
Office hours? Our teams are available to assist you with concerns and approve loan applications Monday to Friday 8am till 6pm .However remember that you don’t need to call us to apply for a online. Our application form is 100% online and best of all, you can do it 24/7!