Instant Loan No Interest

If you’re searching for an instant loan with no interest, it’s important to note that while Fundo’s loans do include interest, we offer transparent loan terms and fast access to cash through a simple and straightforward online application process. Our instant loans start from $500, providing a fast solution for those dealing with emergencies or short-term financial needs. With quick approval and flexible repayment options, Fundo makes borrowing easy and stress-free.

Why Choose Fundo for Instant Loans?

Fundo’s focus is on providing instant access to cash when you need it most, without the complications and hidden fees that often come with other lenders. While our loans do include interest, we offer a transparent breakdown of loan costs so you know exactly what to expect. Once your loan is approved, the funds can be in your account within 60 seconds from accepting your loan agreement and if your bank supports PayID, ensuring that you can cover urgent expenses without delay.

Fundo offers flexible loans ranging from $500 to $5,000, giving you the flexibility to borrow the amount you need. Whether you’re dealing with an emergency medical bill, a car repair, or an unexpected household expense, Fundo is committed to helping you manage your financial challenges with ease.

How to Apply for a Loan with Fundo

Applying for a loan is fast and straightforward:

Start by completing the online application with your details.
Fundo reviews your application promptly, and if approved, the funds are transferred to your bank account instantly within 60 seconds from accepting your loan agreement and if your bank supports PayID.
Use the loan to manage your short-term financial needs, with flexible repayment terms to help you stay on top of your finances.

FAQs

Does Fundo offer loans with no interest?

While Fundo’s loans do include interest, we are committed to providing transparent loan terms and competitive rates. If you’re looking for alternative loan types, such as no credit check loans, Fundo may still offer solutions to suit your needs.

How quickly can I receive the funds?

Once approved, the funds will be deposited into your account within 60 seconds from accepting your loan agreement and if your bank supports PayID, giving you fast access to instant cash loans when you need it most.

Can I repay my loan early?

Yes! Fundo allows early repayment without any penalties, helping you save on interest and manage your finances more effectively. This option is ideal for those looking for flexible payday loan alternatives.

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.