Loans Without 90 Day Bank Statement
Same day funds up to $5,000
Same day funds up to $5,000
Searching for loans without a 90-day bank statement? Many people look for loans that don’t require extensive bank documentation, especially when they have irregular income or non-traditional financial records. At Fundo, while we may review your financial situation, we offer small loans starting from $500, with a streamlined application process that doesn’t rely solely on a 90-day bank statement, ensuring that you can access the funds you need without the hassle.
Can I get a loan without providing a 90-day bank statement?
If you’re searching for loans without a 90-day bank statement, it could be because you don’t have access to your recent bank records, or you may receive income through less conventional means. Many lenders, including Fundo, typically require a 90-day bank statement to assess your financial situation responsibly. This helps ensure that you can repay the loan without causing financial hardship.
Fundo understands that not everyone can easily access traditional bank statements. While we may still require proof of income and financial details, our approach is to assess your overall ability to make repayments through other means. Our small loans, starting from $500, provide flexible financial solutions, and our application process is fast and simple, helping you get the funds you need quickly.
Why do lenders ask for a 90-day bank statement?
A 90-day bank statement gives lenders insight into your financial habits and ensures responsible lending practices. It helps in the following ways:
FAQs
Can I still apply if I can’t provide a 90-day bank statement?
Yes, Fundo may consider other forms of income verification to assess your financial situation, such as verified Centrelink payments or alternate financial documentation.
How do I prove my ability to repay without a bank statement?
Fundo looks at your overall financial health, including income sources like Centrelink, and other forms of income verification. This helps us ensure you can repay the loan comfortably.
How quickly can I get approved without a bank statement?
If you can provide alternate income verification, Fundo’s loan assessment can be processed quickly. Once approved, funds may hit your account within 60 seconds from accepting your loan agreement and if your bank supports PayID after accepting the contract, though banking delays may apply.
What can I use a loan for if approved by Fundo?
You can use Fundo’s loans for unexpected expenses such as emergency repairs or medical bills. However, Fundo’s loans cannot be used for repaying existing debt or utility bills.
What is the minimum loan amount I can borrow from Fundo?
Fundo’s loans start at $500, ensuring you have access to flexible financial options with responsible repayment plans.
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application²
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Increase your Fundo Credit Score to boost your chance of getting approved on your next loan.
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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.
Safe
and Secure. 3 min
application²¹As 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.
I'd like to borrow ($500 - $5000)
