300 Loan Bad Credit
Same day funds up to $5,000
Same day funds up to $5,000
Finder
We approved 320+ loans in the last 24 hours!
Need a $300 loan but have bad credit? Many Australians with bad credit struggle to find lenders willing to approve smaller loans. Whether it’s for an emergency or everyday expenses, accessing fast cash is crucial. Fundo offers small loans starting from $500, even for those with bad credit, and while we may conduct a credit check, our focus is on your overall financial situation to help you access the funds you need.
Can I get a $300 loan with bad credit in Australia?
If you’re searching for a $300 loan with bad credit, it’s likely that traditional lending options haven’t worked out for you. At Fundo, we understand that bad credit doesn’t define your financial future. That’s why we offer small loans starting from $500, focusing on your overall ability to repay the loan rather than just your credit score. While we don’t offer loans as small as $300, our $500 loans provide you with more flexibility and a structured repayment plan designed to suit your needs.
Fundo assesses your verified income and financial health to ensure you can manage repayments responsibly. If your application is approved within business hours, you could receive your funds on the same day, helping you handle urgent expenses quickly and efficiently.
How does Fundo assess bad credit loan applications?
Unlike traditional lenders that focus heavily on your credit score, Fundo looks at your broader financial situation, including:
FAQs
Can I still get a loan with bad credit?
Yes, Fundo considers your overall financial health, not just your credit score. As long as you meet our eligibility criteria and show you can repay the loan, you have a chance of approval.
What is the minimum loan amount I can borrow with bad credit?
Fundo offers small loans starting from $500. While we don’t provide $300 loans, our $500 loan offers more flexibility and manageable repayment terms.
How quickly can I get my loan once it’s approved?
Once approved and the contract is accepted, funds can be transferred to your account within 60 seconds from accepting your loan agreement and if your bank supports PayID. However, banking delays may cause the funds to arrive the next business day.
What is the Fundo Score?
The Fundo Score reflects your borrowing history with Fundo. By making on-time repayments, referring friends, and providing feedback, you can improve your Fundo Score, which may increase your chances of loan approval.
Can I apply if I’m on Centrelink?
Yes, Fundo accepts verified Centrelink payments as part of your income, making it easier for those on benefits to apply for a loan.
Safe
and Secure. 5 min
application²
Kim S.
Ellie P.
Robert D.
Safe
and Secure. 5 min
application²
Safe
and Secure. 5 min
application²
Loan amount from $500 to $2,000
Minimum 91+ days to maximum 6
months
20% establishment fee and a flat
4% monthly fee4
Loan amount from $2,001 to $5,000
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 Comparison rate is based on an unsecured loan of $2,500 over a term of 2 years.
WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
6 The example assumes timely repayment as per the loan agreement, or additional fees and charges may apply.
Safe
and Secure. 5 min
application²Terms and conditions and fees and charges apply. Approval and loan amount are subject to our credit assessment criteria.
¹As soon as you sign your contract, 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 its a public holiday, the funds are usually received by the next business day
²Applying for a loan with Fundo usually takes about 5 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.
Fundo is an Australian direct lender that offers short-term, small loans without any legal jargon or red tape. Our online loans are designed to provide access to a broad range of qualified applicants, including those with less-than-perfect credit.
Finding small loans with flexible repayment terms is now a reality with Fundo - no need to keep searching for 'Debt Consolidation Loans Bad Credit', 'Personal Loan With Fast Approval', or '24 Hours Cash Loans'. Applying for Fundo loans in the future gets more engaging when you pay off your loans in advance penalty-free while also increasing your chances for approval.
Fundo believes that eligible applicants should be able to get closer to the loans they need. If you've been looking for small cash loans through search terms like 'Instant Approval Loans Need Cash Today', 'Payday Loans No Credit Check', or 'Savvy Loans', then you can stop looking now - let us show you how easy it is to apply for a loan with Fundo.
We typically respond within 2 min or sooner.
I'd like to borrow ($500 - $5000)
