$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.

Applying for fast bad credit payday loans sounds appealing when you’re in a pinch and need money fast. But it may not fit your financial situation or improve your financial well-being in the long run. If you’re looking for loans to cover an emergency expense, there are smarter ways to get funds quickly.

Instead of relying on payday or bad credit loans, why not use Fundo? Not only do we get you the money you need quickly and responsibly, but we also care for your financial wellness through our unique perks. Fundo lets you apply online for a short-term personal loan of up to $2,000 with flexible terms and quick processes.

Learn more about Fundo’s alternatives to fast bad credit payday loans today. 

What are my emergency loan options if I have bad credit?

Depending on your financial situation and needs, the types of emergency loans you have access to with bad credit can vary for each lender. One option is taking out a cash advance from your credit card, which often comes with daily interest rates and strict repayment schedules.

While Fundo does not offer any emergency loan options or fast bad credit payday loans, we do have competitive short-term personal loans that do more than just get you money quickly. If you apply and get approval within business hours, you could get the money on the same day. At Fundo, all our loans also grant you access to exclusive perks that inform you about financial wellness and help you make sound financial decisions.

Through your self-service dashboard, you’ll be able to get tips and advice that can help you improve your financial well-being. 

From the same dashboard, you can also monitor your Fundo credit score. As you manage your Fundo loan, a Fundo Credit Score is calculated. You will be rewarded whenever you make sound financial decisions, like paying on time or early. By leaving feedback, referring friends to Fundo, or using Fundo as your primary lender, you can further improve your Fundo Credit Score. You are more likely to be approved for a loan if your Fundo Credit Score is high.

It can be tempting to search for alternatives like ‘fast bad credit payday loans’, ‘same day instant loans’, or ‘bad credit cash loans’ when you feel like you have no other options. Instead of taking a chance with other lenders, Fundo will help you get the loan you need for your financial situation.

Does collateral make getting a bad credit loan easier?

Whenever you’re applying for fast bad credit payday loans or instant payday loans, you may notice that different lenders have varying requirements. While some lenders may require collateral to apply for loans, that doesn’t necessarily mean it makes the process easier. It just allows the lender to offset the risk of approving these types of loans quicker.

At Fundo, we don’t ask for collateral when someone wants a loan, but we still make applying easy and convenient. We know that everyone’s financial situation and needs are different, so when you apply for a loan, we look at several things. To qualify for a Fundo loan, you just have to meet the following minimal requirements: 

  • must be at least 18 years old.
  • must be a permanent resident or citizen of Australia;
  • must earn at least $300 per week, excluding government benefits or aid; and
  • must ensure that you aren’t putting yourself in a bind financially at the time of applying. 

We check your credit as responsible lenders, but it has little impact on our decision. Instead, we look into other factors that could explain your financial situation better. If necessary, you may submit additional documentation to support your application. 

Where can I find money lenders for bad credit?

A quick internet search for terms related to ‘fast bad credit payday loans’ or ‘quick cash bad credit loans’ can result in several options that may or may not have a solution that fits your need. While we can’t say which lender has the best loan options for bad credit, Fundo offers several alternatives that suit a lot of borrowers’ needs (including those with less-than-ideal credit).  

At Fundo, you can apply for loans up to $2,000 and choose from flexible repayment options for up to 180 days. The repayment schedule consists of three options: weekly, fortnightly, and monthly. We will also explain your Fundo loan terms in clear, easy-to-understand terms.

Whether you’re looking for ‘personal loans online Australia’ or other related personal loans, if you need any clarifications or have any questions about the loan’s terms and conditions, we’re happy to answer them. 

So instead of looking for alternatives like ‘fast bad credit payday loans’ or ‘no credit check instant loans’ and settling for less-than-ideal loan terms and conditions, choose Fundo. Our online loan application lets us quickly and responsibly get you the money you need.

Try applying at Fundo today. We can help you with teeny, tiny loans!

Please keep in mind that the information included in this article is meant for entertainment and general information purposes. Unless otherwise stated, this article does not offer financial advice or recommendations. We may change this article without prior notice to reflect new information or views.