No Credit Check Bond Loan
Same day funds up to $5,000
Same day funds up to $5,000
Searching for a no credit check bond loan? Bond loans can help you secure rental properties or cover bond costs without the burden of upfront payments. While no-credit-check options seem appealing, it’s essential to find a responsible lender. At Fundo, while we may perform credit checks, we focus on your overall financial situation, offering small loans starting from $500 to ensure you can cover your bond and other expenses.
Can I get a no credit check bond loan in Australia?
When you’re looking for a no credit check bond loan, you might be in a hurry to secure funds for a rental bond or deposit without worrying about your credit score. While some lenders advertise no credit check loans, it’s important to understand that Fundo, like many responsible lenders, may require a credit check as part of our assessment process to ensure you can repay the loan responsibly.
At Fundo, we offer small loans starting from $500, and our goal is to help you access the funds you need without unnecessary stress. Even if a credit check is required, we look at your overall financial situation, not just your credit score, to assess your application.
How do I apply for a bond loan with Fundo?
If you need a loan to cover your rental bond, Fundo’s simple and fast application process can help. Here’s how you can apply:
Fundo’s loan process is transparent, with clear terms and flexible repayment options to help you cover your rental bond or any other urgent expenses.
FAQs
Can I get a bond loan without a credit check?
Fundo may require a credit check as part of our assessment process. However, we take into account your overall financial situation, not just your credit score.
How fast can I get a bond loan from Fundo?
If your application is approved during business hours, you could receive the funds on the same day or by the next business day.
What do I need to qualify for a bond loan with Fundo?
To qualify, you must have an income of at least $1,000 per fortnight, which can include wages or government benefits.
Can I apply for a bond loan if I have bad credit?
Yes, Fundo looks at more than just your credit score when assessing your loan application. We also consider your current ability to repay the loan.
Are there any hidden fees when taking out a bond loan with Fundo?
No, Fundo is committed to transparency. All fees and loan terms are outlined upfront, so there are no hidden costs or surprises.
Safe
and Secure. 3 min
application²
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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)
