Bad Credit Small Loans
Same day funds up to $5,000
Same day funds up to $5,000
Searching for bad credit small loans? You’re not alone! Many people look for flexible funding options in times of financial need. Traditional banking might overlook your specific situation, but at Fundo, we understand the challenges of obtaining a loan with less-than-perfect credit. Our bad credit small loans are tailored for individuals seeking a quick solution without the hassle of complicated paperwork or hidden fees.
If you have a verified income of at least $1,000 per fortnight and meet our eligibility criteria, a bad credit small loan might be just what you need for unexpected expenses or urgent projects. We offer quick, easy, and straightforward options that can support a variety of needs, from home improvements to personal emergencies.
Our loans are versatile enough to cater to a variety of situations and can be repaid in as little as up to 180 days for a MACC loan, promoting responsible borrowing. Make sure to strategise your repayment plan to maintain your financial wellbeing!
Don't let bad credit discourage your search for small loans! With Fundo, applying is simple—and we offer competitive options that might surprise you. Use our interactive Fundo Score tool to assess your borrowing potential and boost your chances of approval. Returning customers can reapply in just three easy clicks!
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)
