Micro Loan No Credit Check
Same day funds up to $5,000
Same day funds up to $5,000
Searching for a micro loan with no credit check? If you’re concerned about your credit history but still need a small loan, Fundo offers small loans starting from $500. While we may conduct a credit check as part of our assessment, Fundo’s focus is on your current financial situation, helping ensure you can still get the funds you need, even with less-than-perfect credit.
Fundo’s online application process is fast and easy, allowing you to apply from anywhere, anytime. Once submitted, your application is reviewed promptly, and many applicants receive approval on the same day. After approval, the funds are typically transferred to your account within hours, ensuring you get the cash you need when you need it most. Fundo’s flexible repayment options allow you to manage your loan on terms that suit your budget, providing a stress-free borrowing experience.
By focusing on your current financial situation rather than solely on your credit history, Fundo helps you access the financial support you need without unnecessary delays.
FAQs About Micro Loans with No Credit Check
Will Fundo conduct a credit check for a micro loan?
While Fundo may conduct a credit check, our focus is on your current financial situation to determine loan eligibility.
How fast can I get approved for a micro loan with Fundo?
Fundo’s online application process ensures fast approval, often on the same day. Funds are typically transferred within hours of approval.
Do I need verifiable income to apply for a micro loan with Fundo?
Yes, Fundo requires verifiable income to ensure responsible lending and your ability to repay the loan.
How flexible are Fundo’s repayment options?
Fundo offers flexible repayment plans that allow you to repay your loan on terms that fit your financial situation.
Safe
and Secure. 3 min
application²
Kim S.
Ellie P.
Robert D.
Safe
and Secure. 3 min
application²
Increase your Fundo Credit Score to boost your chance of getting approved on your next loan.
Safe
and Secure. 3 min
application²
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)
