$500 - $5000
NO HIDDEN FEES
between $500 - $5000
up to 180 days
fee 4% monthly fee
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.
Finding fast loans online can be daunting when unexpected expenses come up and you have a tight budget. With all the lenders and their different options, how do you know which is right for you?
We understand that you need money quickly if you have an unexpected expense. With Fundo, you won’t have to spend hours in line at the bank since the entire application process takes place online. Since every person’s finances are different, we carefully review every loan application, and we don’t automatically reject your application if your credit score is less-than-perfect.
Check out the other options Fundo has besides fast loans online and the other benefits we offer.
What type of loan is best for a new business owner?
A quick internet search for terms related to your business or even fast loans online may bring you different options depending on your needs. We encourage you to find the loan option that best suits your financial situation, needs, and goals.
At Fundo, we offer short-term personal loans related to your searches for ‘personal loans small’ and ‘easy personal loans online’. Our small loans can be used for a variety of purposes, including home upgrades, personal projects, and big purchases. We care a lot about our borrowers’ financial health, so when you apply for a Fundo loan, we make sure you’re not putting yourself in needless financial trouble.
Moreover, we understand how important it is to get money immediately if you’re looking for fast loans online. As such, we ensure that our general requirements for getting a Fundo loan are reasonable and easy to meet. To qualify for a Fundo, you must:
- be at least eighteen years old;
- be a permanent resident or citizen 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.
Instead of looking for alternatives like ‘fast cash loans with bad credit’ online, you can explore your offers at Fundo. We may be able to assist you and find the option that suits you.
How do online loans differ from a line of credit?
While both online loans and lines of credit allow you to fund expenses, unexpected or otherwise, they have some key differences that suit different situations. With a line of credit, you can borrow only what you need when you need it, up to the maximum amount of the credit line. On the other hand, personal loans typically disburse the whole amount immediately.
We don’t offer options like a line of credit at Fundo, but our small personal loans include benefits. You can submit an online application 24/7, and applications received during business hours may be processed on the same day. If you are approved, you may even receive the funds for your fast loans online on the same day, depending on your nominated bank.
When you apply for a Fundo loan, you can use our self-service dashboard to check on the details of your Fundo loans, from your outstanding loan balance to your repayment schedule. You can also get advice and tips on how to improve your financial health and well-being and view your Fundo Credit Score.
While you could be tempted to seek alternative loans like ‘instant approval payday loans no credit check’ because they seem appealing, these may not be the best option for your financial situation. Instead, let Fundo help you find fast loans online that can fund your urgent needs.
Is it advisable to borrow from more than one lender?
Having multiple ongoing loans from different lenders may make it more difficult to manage and keep track of your payments. If you miss a payment, you may be subject to penalties. Moreover, having too much existing debt can impact your credit score.
To encourage financial wellness, we at Fundo reward you for not having too many loans with other lenders through the Fundo Credit Score.
Whether you’re looking for fast loans online or ‘fast cash loans 24 7’, you can positively influence your Fundo Credit Score by choosing Fundo as your sole personal loan provider. Our unique scoring system tracks and rewards good financial decisions with your outstanding Fundo loan.
You can raise your score by using Fundo as your main lender, referring friends, leaving reviews, and paying off your loan early or on time. You are more likely to be approved for future Fundo loans if you have a high Fundo Credit Score.
Whether you’ve been searching for fast loans online or ‘online easy loans’, Fundo is here to help you find the option that fits your financial situation, whether you want to start a new project or pay for unexpected costs. With your Fundo loan, we provide funding to eligible borrowers and encourage healthier financial habits while we do it.
Contact us by phone or email to learn more about Fundo’s fast loans online. Apply for a teeny, tiny loan today with Fundo!
Disclaimer: The opinions expressed in this article do not constitute financial advice or recommendations. The opinions expressed are meant for general information and entertainment. We reserve the right to change the views expressed in this commentary at any time.