Bad Credit Rating Loans
Same day funds up to $5,000
Same day funds up to $5,000
When unexpected expenses arise, bad credit rating loans might seem like your last option. Whether it's urgent home repairs or planning a last-minute getaway, finding lenders offering these loans can be frustrating if you don’t know where to look. Fortunately, Fundo is here to simplify that process! For those searching for bad credit rating loans, we've got your back with our flexible options tailored for Australians in need of support.
At Fundo, we understand the unique challenges faced by borrowers with varied credit histories. Our aim is to offer a straightforward and transparent loan application experience. Here are some of the benefits we bring:
Being approved for a bad credit rating loan with us is simpler than navigating through complex terminology or hunting down multiple lenders. If you meet straightforward eligibility requirements and demonstrate responsible financial behaviour, we're likely to say yes! Take the time to explore our short-term loans options that come with repayment terms of up to 180 days.
Have you ever wondered how to improve your chances of securing a loan? Your Fundo Score can make a difference! You can enhance your score by:
While we encourage responsible usage of funds, it’s vital to know what you can finance with a Fundo loan. Here are some valid uses:
With Fundo, you can easily take charge of life’s financial hiccups without resorting to endless searches for bad credit rating loans. Our customer-centric approach is designed to provide you with the financial freedom you deserve.
Ready to take the next step? If you meet the criteria of being 18 years or older, currently living in Australia, and have a verified income of at least $1,000 per fortnight, applying is as easy as filling out our online application. Let us help turn your financial challenges into opportunities!
Safe
and Secure. 3 min
application²
Kim S.
Ellie P.
Robert D.
Safe
and Secure. 3 min
application²
Increase your Fundo Credit Score to boost your chance of getting approved on your next loan.
Safe
and Secure. 3 min
application²
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)
