Bad Debt Loan
Same day funds up to $5,000
Same day funds up to $5,000
When unexpected expenses arise, finding the right financial support quickly can be essential. Whether it's for a crucial home repair, urgent medical bills, or an upcoming travel plan, you may find yourself considering a bad debt loan. Searching for the right options can feel overwhelming, but that’s where Fundo steps in. We are a private lender specialising in bad debt loans, designed especially for those needing fast access to funds while accommodating a range of credit histories. Forget the hidden fees and complex jargon—at Fundo, we pride ourselves on offering straightforward, accessible loans that prioritise your needs.
At Fundo, we understand that applying for a loan should be simple and hassle-free. Our fully online application process ensures you can apply anytime and from anywhere. Here’s what sets us apart:
At Fundo, we have a variety of loan products tailored to meet your individual needs. If you’re considering a bad debt loan, you can also explore options for one-time urgent expenses using our emergency loans. We want to make borrowing a smooth experience for you!
Ready to apply for a bad debt loan? To be eligible, simply ensure you meet the following criteria:
If you fit this criteria, applying is easy! New borrowers can fill out our loan application form to select their desired loan amount, while returning customers can complete their application in just three clicks. To increase the chances of approval, consider checking your Fundo Score—a higher score can lead to greater acceptance rates and possibly lower fees!
Still looking for other options like 'quick online loans for bad credit' or 'bad debt relief'? Look no further. Fundo is here to help you through your financial journey!
Don’t delay—apply today for your bad debt loan and take control of your finances with Fundo!
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.
Terms 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.