Personal Loans For Low Income
Same day funds up to $5,000
Same day funds up to $5,000
We all encounter situations where we need a quick cash boost to cover unexpected expenses. If you’ve been exploring options for personal loans for low income, you might have found the options available less than ideal. Many traditional banks and lenders don’t cater to everyone, particularly those with tight budgets. At Fundo, we aim to change that! As an Australian-owned direct lender, we simplify the loan process, ensuring you understand your options without the legal jargon. Our goal is to provide quick and straightforward solutions for your financial needs.
If you’ve been searching for options like loans at low interest rates, you'll appreciate Fundo's dedication to providing accessible lending services. We’re committed to helping you secure a small loan that fits your specific situation, without the unnecessary hurdles often associated with traditional lenders.
Forget the days of endless paperwork and long wait times for loan approvals. With Fundo, the process can be completed quickly, often in as little as twenty-four hours if you meet our basic eligibility criteria. To qualify for a personal loan, you need to:
Once you’ve verified your information in our simple online application, we’ll assess your eligibility and inform you of the outcome promptly. After your first loan with Fundo, you can start building your Fundo Score, a unique measure of your creditworthiness with us. Improving your Fundo Score is straightforward—making repayments on time or even ahead of schedule can boost your score, enhancing your approval chances for future loans.
Choosing Fundo means opting for a lender that understands your needs. You may be searching for terms like small loans short term or instant approval loans, and we’re here to help you find the right fit. Our efficient application process means returning customers can enjoy an even quicker experience—it's as easy as three clicks. Ready to simplify your financial journey? Apply now with Fundo, and let’s get your cash flowing!
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.