Bad Credit Rating Loans Australia

When unexpected expenses arise, securing a loan can be a smart solution. Whether you need funds for home improvements, travel plans, or medical bills, searching for bad credit rating loans in Australia can feel overwhelming. That’s where Fundo can step in to make your life easier! As a trusted provider of short-term loans, we cater to a broad range of borrowers, including those with less-than-perfect credit histories.

Your Go-To for Bad Credit Rating Loans in Australia

If you've been searching for helpful options under terms like Bad Credit Personal Loans No Upfront Fees, look no further. At Fundo, we keep things straightforward without hidden fees or complicated paperwork. Our simple, 100% online application process means you can apply for a loan quickly and hassle-free, getting to the funds you need without unnecessary delays.

Why Choose Fundo?

🚀 Fast Turnaround: Get your funds within 60 seconds of contract acceptance.
🔐 Transparent Fees: Know exactly what you’re getting with no confusing jargon.
💡 Flexible Repayment: Choose from various repayment periods — pay off your loan within up to 180 days for a MACC loan.
📊 Manage Your Loan: Use our self-service dashboard to track your loan details.
🌟 Boost Your Fundo Score: Rewarding our borrowers for timely repayments and referrals!

Let Fundo take away the stress of your searches for bad credit rating loans in Australia. Our commitment is to provide accessible finance options tailored to suit your unique needs. You can always consider our loans for various short-term needs, including emergency expenses. You even have the option to repay your loan early, saving on interest — a smart move that could help improve your chances of future loan approvals.

Easy Eligibility Requirements

Stop trying to decipher the requirements of complex lenders. With Fundo, the eligibility criteria are refreshingly simple. To qualify for your bad credit rating loan:

🎉 You must be over 18 years old.
📍 Currently living in Australia.
💵 Earning a minimum verified income of $1,000 per fortnight, which can include government benefits.
✅ Should demonstrate the ability to repay your loan without financial distress.

Simply fill out our online application form with your personal and contact information, along with the loan amount you need. The Fundo application process is designed to be as quick and easy as possible; if you've borrowed from us before, applying again takes just three clicks!

Enhance Your Financial Wellbeing

With Fundo, you’re not just getting a loan—you can also benefit from our Fundo Score feature that rewards good credit behaviour. This initiative helps enhance your borrowing potential for the future, allowing you to enjoy better terms and opportunities. Say goodbye to endless searches for weekend cash loans and dental loans bad credit — get started with Fundo today. With us, your path to better financial health and quick cash solutions is just a few clicks away!

Fundo loan example

Borrow between
$500 to $5,000

Flexible
payment terms

No hidden fees

Money within 60 secs
if NPP enabled

Small loan

Loan amount from $500 to $2000
Minimum 91+ days to maximum 6 months
20% establishment fee and a flat
4% monthly fee⁴

Example⁶

RepaymentsWeekly

Term20 weeks

Loan Amount$1,000

Establishment fee$200

Total monthly fee (over 20 weeks)$200

Total repayable$1,400

Weekly repayment$70.00

Medium loan

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

Example⁶

RepaymentsFortnightly

Term2 years

Loan Amount$2,500

Establishment fee$400

Total interest (over 2 years)$1,553

Total repayable$4,453

Fortnightly repayment$85.63

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.

Apply Now

Safe and Secure. 3 min application²

¹As 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.