100 Dollar Cash Loan
Same day funds up to $5,000
Same day funds up to $5,000
If you’re searching for a $100 dollar cash loan, it’s often to handle smaller, immediate expenses. These short-term loans can help cover costs like groceries, utility bills, or minor repairs. However, while $100 loans may seem appealing, they may not always provide enough support to fully cover your needs. Fundo offers small loans starting from $500, ensuring you have access to more flexible financial solutions, with fast approvals and a simple online application process.
Can I get a $100 dollar cash loan in Australia?
When you’re in need of a small, fast cash loan, you might think a $100 loan could help cover short-term expenses like groceries or minor bills. However, many reputable lenders, including Fundo, do not offer loans under $500. This is because smaller loans may not provide sufficient flexibility or repayment terms for borrowers to manage responsibly.
At Fundo, our small loans start from $500, offering more substantial financial support while still being easy to apply for and fast to access. If you’re looking for a loan to cover urgent expenses, consider applying for a $500 loan from Fundo, with flexible repayment options that can work for your financial situation.
Why should I consider a $500 loan over a $100 loan?
While it may seem appealing to borrow a smaller amount like $100, larger loans provide more flexibility and better repayment terms. Here’s why choosing a $500 loan with Fundo could be a smarter option:
Fundo offers a reliable and flexible option when you need fast cash for more significant expenses.
FAQs
Does Fundo offer $100 loans?
No, Fundo’s small loans start from $500. This amount allows for more flexibility and better repayment options, ensuring responsible lending.
How quickly can I get a $500 loan from Fundo?
Once approved, and after accepting the loan contract, you could receive your funds within 60 seconds from accepting your loan agreement and if your bank supports PayID. If there are any banking delays, the funds may arrive by the next business day.
What can I use a Fundo loan for?
Fundo’s loans can be used for personal expenses such as emergency repairs, unexpected bills, or other short-term needs. However, loans cannot be used for paying off existing debts or bills like rent or utility payments.
Do I need to provide proof of income to apply?
Yes, Fundo requires verified income to approve your loan. You must show a minimum income of $1,000 per fortnight, including government benefits.
What are the repayment options for Fundo loans?
Fundo offers flexible repayment options, including weekly, fortnightly, or monthly payments, to suit your financial situation.
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Loan amount from $500 to $2000
Minimum 91+ days to maximum 6
months
20% establishment fee and a flat
4% monthly fee4
Loan amount from $2001 to $5000
Minimum 91+ days 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 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.
6 The example assumes timely repayment as per the loan agreement, or additional fees and charges may apply.
Safe
and Secure. 3 min
application²¹As soon as you sign your contract and if all other requirements have been met, 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 it is a weekend or a public holiday, the funds are usually received by the next business day. Fundo cannot guarantee that loan funds will be received within 60 seconds
²Applying for a loan with Fundo usually takes about 3 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.
We typically respond within 2 min or sooner.
I'd like to borrow ($500 - $5000)
