Ready. Set. Loan.
Same day funds up to $5,000
Same day funds up to $5,000
When a lender offers you a payday loan, it might be possible to apply for a loan again once you’ve completed your current loan. This isn’t a guarantee, though. Lenders could decline to offer you another loan if they notice that you weren’t able to make payments on time or for other reasons.

Some lenders will allow you to apply for an online payday loan the moment you complete your current loan. For others, the renewal period can take more time. The best way to find out for sure is to contact your preferred lender.

Specific restrictions can vary from lender to lender. 

We at Fundo pride ourselves on our flexible repayment terms. While a payday loan is not one of our current offerings, we understand that your circumstances can change over time, especially when you’re in the process of repaying your debt with us. An emergency situation might have come up that makes it difficult for you to make a repayment this month, or maybe you just need a little more time.

If you need assistance with your repayments, please contact our customer service team via phone at 1800 161 391 or email at hello@fundo.com.au. One of our friendly consultants can talk to you about your options. We usually need at least forty-eight hours’ notice of any changes to your repayment schedule.

You can also view your cash loan’s information using the Fundo dashboard on our website.

You can improve your credit score by managing your credit well, whether you have a payday loan, a travel loan, or a personal loan. Your history with lenders can show up in your credit report. Future lenders might take a peek before making a decision on your loan application. This will most likely happen if you want to take out a loan for bigger purchases, like a car or a house.

By making on-time, consistent repayments on loans, you could grow your credit score over time. Good borrowing behaviour also benefits you in the long term, as borrowers with a good credit score could be able to enjoy lower interest rates and more forgiving payment terms from some lenders.

On the other hand, making late payments or defaulting on a loan can negatively affect your credit score. It can take time to bring it back to a good level. That’s why it’s crucial to only borrow money when you’re sure you can handle making repayments.

If you have a Fundo loan and consistently make repayments on time, you can raise your Fundo Credit Score (this is different from your actual credit bureau score). The higher your Fundo Credit Score, the higher the chances of your future Fundo loan applications being approved. When you keep up good borrowing behaviour, your credit bureau score should improve or get even better over time.

Applicable fees and charges may vary depending on the lender, whether they’re offering payday loans or other types of credit.

We are all about transparency and fairness here at Fundo. While we do charge fees on our small loans, we break these fees down for you in a way that’s easy to digest. This gives you a clear picture of your responsibilities when you take out a loan with us.

Rest assured that all of our fees are in line with industry standards and the law. We don’t have any hidden charges, as all fees for your loan are shown to you during the loan offer stage.

Increase your Fundo Credit Score to boost your chance of getting approved on your next loan.
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.
¹As 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.