No Income Loans
Same day funds up to $5,000
Same day funds up to $5,000
Unexpected expenses can pop up at any moment, making no income loans a tempting option for quick financial relief. While your search for lenders using phrases like "no income loans" might leave you feeling overwhelmed, Fundo is here to simplify the process. As a friendly and approachable Australian lender, we offer short-term loans tailored for those who need financial help without the hassle of daunting eligibility criteria.
Selecting the right lender can make all the difference. Here are a few reasons why opting for Fundo might be your best bet:
While looking for no income loans may yield mixed results, Fundo offers small loans based on verified income. You need to meet our eligibility criteria: being over 18 years old, currently residing in Australia, and having a verifiable income of at least $1,000 every fortnight, including government benefits. Our aim is to ensure that you’re financially prepared to take on a loan without feeling worse off in the long run.
The term "no income loans" can be a bit misleading, as all loans require some form of income verification. While we understand the need for financial flexibility, it's essential to highlight that at Fundo, we consider your gross income to provide appropriate loan amounts. Whether you are looking for a small SACC loan or a medium MACC loan, we prioritize your financial stability.
At Fundo, we pride ourselves on our user-friendly online application. The entire process takes just minutes! Begin by completing an application form that asks for your borrowing amount, personal details, and contact information. You can even check your Fundo Score to gain insight into your eligibility. Our unique scoring system rewards responsible borrowing behaviour, so managing your financial activities wisely can benefit you well.
Instead of sifting through countless results for cash loans for the unemployed or dreading lengthy procedures, let Fundo make it easy for you. Once approved, if you apply during business hours, it's possible to access your funds on the same day!
Don't let unexpected financial challenges hold you back. Join the many satisfied borrowers who've experienced the hassle-free lending experience with Fundo. Explore our options today, and discover how easy it can be to get the support you need!
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)
