My Pay Now Apps Australia
Same day funds up to $5,000
Same day funds up to $5,000
Wondering about My Pay Now apps in Australia? Many Australians are turning to early wage access apps to cover small financial gaps before payday. At Fundo, we offer an alternative with small loans starting from $500, providing quick access to cash without needing to wait for your next paycheck. Our fast online application ensures you get the financial help you need right away.
How do cash loans compare to My Pay Now apps in Australia?
In Australia, many people turn to My Pay Now apps for fast access to funds when they need cash quickly. These apps allow you to access a portion of your wage before payday, helping to manage short-term financial needs. However, they usually limit the amount you can borrow based on your upcoming paycheck. Fundo offers an alternative solution by providing small loans starting from $500, which may be more suitable if you need a larger sum to cover urgent expenses like medical bills or car repairs.
With Fundo, you can apply online in just a few minutes, and if approved, you may receive your funds on the same day. This makes Fundo an excellent option for those looking for more flexibility than a typical wage advance app.
What are the eligibility requirements for Fundo loans compared to My Pay Now apps?
Fundo offers a flexible and responsible lending option with clear eligibility criteria. To apply for a Fundo loan, you must:
This eligibility ensures that our loans are both responsible and manageable for your financial situation.
FAQs
How quickly can I get my loan after approval?
If your application is approved during business hours, you could receive your funds the same day or by the next business day.
Can I apply for a loan with bad credit?
Yes, Fundo accepts applications from individuals with bad credit, focusing on your current financial situation and ability to repay.
What can I use the loan for?
You can use your loan for urgent financial needs like medical bills, car repairs, or unexpected expenses.
Do I need a payslip to apply for a loan?
No, Fundo assesses your overall financial situation, so you don’t need to provide a payslip to apply.
What is the minimum loan amount available?
Fundo offers small loans starting from $500 to help cover short-term financial needs.
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)
