Payday Loans And Credit Score
Same day funds up to $5,000
Same day funds up to $5,000
Many people find themselves curious about payday loans and credit score as they explore quick financing options for urgent expenses. If you’ve been considering alternative funding sources while facing unexpected costs, you’re not alone. Traditional bank loans can sometimes leave you in a bind, but with Fundo’s short-term loans, you have a reliable alternative designed to meet your immediate financial needs.
When looking into payday loans and credit score, it’s essential to understand that while we’re here to help, a credit check may be part of your assessment process. Even if you have faced credit challenges before, our system considers your current financial situation and verified income.
At Fundo, our unique Fundo Score allows you to gauge your borrowing potential. It rewards healthy financial practices: when you repay on time or even early, you can gain points that could ease the approval process for future loans.
Fundo loans are great for covering various unexpected situations. We can’t accommodate debt consolidation or funding existing debts, but our loans can be immensely helpful for:
Getting started is easy! To qualify for a loan with Fundo, you’ll need to:
Once you've checked off these criteria, simply click on 'Apply Now' on our homepage. Complete the easy online form with your contact details and desired loan amount. Returning customers can apply with just three clicks! You’ll hear back about your approval in just a few business hours. Forget scouring for 'instant cash loans' or 'bad credit loans'—Fundo has your back. Apply for your loan today and tackle those expenses head-on!
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.