Cash Loans Without Payslip
Same day funds up to $5,000
Same day funds up to $5,000
Not having a traditional payslip shouldn’t prevent you from accessing a loan when you need one. At Fundo, we understand that many people have alternative income sources such as Centrelink payments, freelance work, or other verified incomes. That’s why we offer cash loans without a payslip, making it easier for you to apply for the funds you need without the hassle of meeting strict payslip requirements.
How do cash loans without a payslip work?
Cash loans without a payslip are designed for individuals who may not have a traditional income structure but can demonstrate verified income from other sources. Whether you’re receiving government benefits, working freelance, or earning income from various streams, you can still qualify for a loan with Fundo.
Here’s how the process works:
With Fundo’s flexible options, you can get access to cash without the need for a traditional payslip, helping you cover urgent expenses when they arise.
What can I use a cash loan without a payslip for?
These loans are designed to help with unexpected expenses or financial gaps, such as:
However, Fundo does not offer loans to pay off existing debt, rent, utility bills, or mortgage payments. These loans are intended for short-term financial needs and are not suitable for long-term debt management.
If you’re looking for options that fit your situation, check out our quick loan options, which are designed to meet urgent financial needs.
Am I eligible for a cash loan without a payslip?
Fundo offers flexible eligibility criteria, making it possible for more Australians to access loans even without a traditional income structure. To qualify for a cash loan without a payslip, you need to:
Fundo reviews each application individually. While a formal credit check may be required, we consider your overall financial situation rather than just your credit score. If you don’t have a payslip but can verify your income, you could still qualify for a loan.
How fast can I get a loan without a payslip?
At Fundo, we strive to process applications as quickly as possible. If you apply during business hours, your application could be processed the same day, and once approved, the funds could be in your account within 24 hours. For even faster loan options, check out our high-approval payday loans to get quick access to funds when you need them the most.
What are the repayment terms for a cash loan without a payslip?
Fundo offers flexible repayment terms, allowing you to choose between weekly, fortnightly, or monthly repayments. This makes it easier for you to manage your cash flow and repay the loan at a pace that suits your financial situation. Plus, we don’t penalise you for early repayment, which can save you money on interest and improve your Fundo Score.
For more information about repayment options, you can also explore our instant loan apps, which offer quick, convenient access to your loan and repayment management on the go.
FAQs
Can I get a loan without a bank statement?
If you don’t have a payslip, providing a bank statement or another form of income verification is essential. Check out our options for a loan with a bank statement to learn more.
Do you offer instant loans for freelancers or self-employed individuals?
Yes, Fundo offers instant small amount loans for self-employed individuals, freelancers, and anyone with verified income. We understand that not everyone has a traditional job structure, and we aim to accommodate diverse financial situations.
How quickly can I get approved?
Once you apply, we aim to assess your application promptly. For those who meet our criteria, approval can happen the same day, especially if you provide all necessary documents early in the day.
Increase your Fundo Credit Score to boost your chance of getting approved on your next loan.
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.
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.
We typically respond within 2 min or sooner.