Personal Loans For No Credit History
Same day funds up to $5,000
Same day funds up to $5,000
Looking for personal loans for no credit history? Fundo offers small loans starting from $500, providing fast access to cash for those with little or no credit history. Traditional lenders often focus heavily on credit history when assessing loan applications, making it difficult for individuals without a credit record to secure financial support. At Fundo, we focus on your current financial situation, ensuring that even those without a credit history can get approved quickly.
Our online application process is designed to be fast and simple, allowing you to apply within minutes. After your application is submitted, it is reviewed promptly, with same-day approval available in many cases. Once approved, the funds are typically transferred to your account within hours, giving you quick access to the money you need.
In addition to fast approval, Fundo provides flexible repayment options that suit your financial needs, making it easy to manage your loan repayments even without an established credit history.
FAQs About Personal Loans with No Credit History
Can I get approved for a loan with no credit history?
Yes, Fundo provides small loans starting from $500, and we focus on your current financial situation rather than your credit past.
How fast can I get approved for a personal loan with Fundo?
Fundo’s online application process ensures fast approval, often on the same day. Once approved, funds are typically transferred to your account within hours.
What can I use a personal loan from Fundo for?
You can use a loan to cover various short-term financial needs, such as bills, personal expenses, or emergency costs.
Do I need verifiable income to apply for a personal loan with Fundo?
Yes, Fundo requires verifiable income to ensure responsible lending and the ability to repay the loan.
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)
