Ready. Set. Loan.
Same day funds up to $5,000
Same day funds up to $5,000
Unexpected things (and expenses) have a way of surprising us in life. This may have led you to look up terms like ‘loans for unemployed and bad credit’. You might be in a situation where small cash loans would be of great help, even though you have a not-so-perfect credit score. 

As a responsible lender, we require our Fundo borrowers to meet certain requirements to make sure they can manage the loan they’re applying for. You are eligible to apply for a Fundo personal loan if you:

The good news? We look beyond your credit score and consider other factors, such as your current ability to make repayments. If you have a complex employment situation, contact us so we can discuss your circumstances.

If you’re curious about terms like ‘loans for unemployed and bad credit’, you may also wonder if you have a shot at improving your credit score moving forward. It’s a great question to ask because it means you’re taking the first step towards better borrowing habits.

The likelihood of you getting loans approved in the future depends on how well you manage credit products today. Missing repayment dates or defaulting on a loan can usually cause a dent in your credit bureau score. Applying for multiple lines of credit in a short period of time could also negatively impact your credit score.

Conversely, those who exercise good borrowing behaviour, whether it’s for dental loans​​, instant personal loans, education loans, or other financial obligations, can expect their credit score to either stay at a good level or get even better. Making repayments early or on time on a loan can help build your score. 

Searching for terms like ‘loans for unemployed and bad credit’ and want to find out how long it takes to get a loan? The time it takes to process your application varies from lender to lender. Typically, it takes a few days or weeks sometimes longer to receive a decision. 

At Fundo, we aim to make the application process easy and straightforward. If you’re eligible for a loan at Fundo, just log on to our website and fill out the loan application form. Our helpful team will take a look at your application after you’ve filled out all your details and sent it in. 

The best part? Applications that are submitted during business hours will most likely be processed the same day. If everything goes well and you’re approved, you could even get the funds on the same day that you apply. 

This is the great thing about having a Fundo loan and consistently making repayments on time: by doing this, you can also raise your Fundo Credit Score (which is different from your actual credit score). The higher your Fundo Credit Score, the higher the chances of your future Fundo loan applications being approved!

In addition, as we mentioned earlier, good and consistent borrowing behaviour, whether with Fundo or with other lenders, can have only a positive effect on your credit report. Future lenders or financial institutions who take a peek at your credit history will be able to see that you attend to your obligations responsibly. 

As your credit score continues to soar over time, there’ll no longer be a need to look up terms like ‘loans for unemployed and bad credit’. If you need a loan, Fundo it! 

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.