Best Unsecured Personal Loans For Bad Credit

When life throws unexpected expenses your way, finding the right loan can be crucial. Whether you're facing an urgent home repair or need some cash for a special occasion, the best unsecured personal loans for bad credit can be an effective solution. If your search for lenders using this term feels overwhelming, let us introduce you to Fundo. We’re here to help borrowers like yourself with short-term loans that are flexible and easy to manage. Making your loan journey clear and straightforward, we've minimised the jargon so you understand every detail of your loan in plain, simple language.

Why Choose Fundo for Your Funding Needs?

🚀 Speedy Applications: Our 100% online application process means you can get the funds you need quickly.
💰 Transparent Fees: You won't encounter any hidden charges with Fundo. What we say is what you get.
🕒 Flexible Repayment Options: Choose to repay your loan weekly, fortnightly, or monthly based on what suits you best.
📱 Self-Service Dashboard: Manage your loan repayments effortlessly through your personal dashboard.
✅ Customer-Centric Approach: Our focus is on helping you, ensuring your experience with us is positive.

We understand that when you’re searching for loans, you may look for options like 'best personal loans for bad credit reviews' or 'financial loans with no credit check'. While we do provide loans with more lenient criteria, it’s important to clarify that even though some options exist, a credit check may be part of our assessment process to ensure suitability.

Explore Our Range of Loan Options

At Fundo, we offer a variety of options to cater specifically to your needs, including:

Once you decide on the type of loan that works for you, rest assured that you can pay off your loan comfortably within up to 180 days for a MACC loan, with additional flexibility to pay early and avoid ongoing fees.

Quick and Easy Eligibility

Choosing Fundo means you're selecting a lender with minimal eligibility requirements. To qualify, you just need to:

🎂 Be over 18 years of age
🇦🇺 Reside in Australia
💵 Have a verified income of at least $1,000 per fortnight (including government benefits)
📝 Show us you can make repayments comfortably without financial stress

If you meet these criteria, simply fill out our application form with your details and loan amount. Approval is fast, and you might see funds in your account the same day, depending on banking speeds.

Your Fundo Score - A Great Incentive

With Fundo, we believe in rewarding responsible behaviour. Our Fundo Score reflects your creditworthiness. You can enhance your score by repaying on time, recommending us to friends and family, or sharing your feedback. If you’re a returning customer, our streamlined process makes applying for a new loan a breeze.

Don’t keep searching for 'weekend cash loans' or other alternatives. Choose Fundo as your go-to lender for the best unsecured personal loans for bad credit and experience a friendly, supportive lending process today!

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.