Instant Approval Bad Credit Loans

If you need loans online with same-day approval, Fundo offers a fast and reliable solution. Same-day loans can provide instant relief when you’re dealing with urgent financial needs, such as unexpected bills or personal emergencies. At Fundo, we provide small loans starting from $500, with a quick and easy online application process designed to get you approved and receive your funds on the same day.

Thousands of Australians have already signed up for Fundo, benefiting from our fast and flexible loan services. We understand that financial emergencies can’t wait, and that’s why we’ve streamlined our loan application process to ensure you get approved as quickly as possible. Once you submit your application, our team works promptly to review it�often providing same-day approval. After approval, the funds are typically transferred to your bank account within hours, helping you manage your financial situation without delay.

In addition to fast approval, Fundo offers flexible repayment options that allow you to repay the loan in a way that suits your financial needs. Whether you prefer a shorter repayment term or need more time, Fundo’s loans provide the flexibility you need to handle your financial commitments effectively.

Same-Day Approval Loan FAQs

How fast can I get approved for a same-day loan with Fundo?

Fundo’s online application process ensures quick approval. Once your application is submitted, it’s reviewed promptly, and you can often receive same-day approval. After approval, funds are typically transferred within hours, depending on your bank’s processing times.

What can I use a same-day loan from Fundo for?

Fundo’s small loans can be used to cover various short-term financial needs, such as emergency expenses, personal bills, or unexpected costs. Our loans provide fast access to cash when you need it most.

How flexible are Fundo’s repayment options?

Fundo offers flexible repayment plans that are customised to fit your financial situation. Whether you prefer a shorter repayment term or need more time to repay, Fundo makes it easy to manage your loan.

Do I need perfect credit to apply for a same-day loan with Fundo?

No, Fundo doesn’t require perfect credit. We focus on your current financial situation and your ability to repay the loan, making our loans accessible even if your credit score isn’t perfect.

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.