Ready. Set. Loan.
Same day funds up to $5,000
Same day funds up to $5,000
We understand that you may be wondering, ‘Is it possible to get a quick pay day loan without a bank account?’ While technically possible, it can indeed be challenging to find a lender who is willing to collaborate with you under these circumstances.

However, in the interest of providing a streamlined, hassle-free experience, our loan processes at Fundo require borrowers to have a bank account. It’s our way of ensuring the funds get to you as swiftly as possible. Once you’ve been approved for a loan with us, we begin the process of transferring funds directly to your account.

We’ve built our services to be tech-savvy and user-friendly because we know you value efficiency and simplicity and want convenient access to loans.

A payday loan is easy to obtain thanks to its minimal requirements. However, the convenience comes at a price: payday loans have high interest rates and fees, often due within weeks or on your next payday. 

In contrast, traditional bank loans offer lower interest rates, higher loan amounts, and longer repayment periods, but the path to approval can be strewn with paperwork and long-winded processes.

But what if you could enjoy the convenience of a payday loan and the flexibility of a traditional loan? That’s where Fundo comes in. We understand life’s unpredictability and offer short term loans tailored for a range of needs, from emergency to education loans, and from home renovation to dental loans. 

Not meeting the repayment schedule of a quick pay day loan could lead to several problems, like penalties and late fees. Plus, it could be reported to credit bureaus, leading to a negative impact on your credit score and, in turn, making it harder to get approved for future loans.

At Fundo, we understand that unexpected circumstances can throw a wrench in your loan repayment plans. Just contact one of our friendly consultants. Give us at least forty-eight hours’ notice of any changes to your repayment schedule, and we will work through your options with you.

Nevertheless, we strongly advise following your payment dates. This not only helps avoid any late payment fees and relevant charges as stipulated in your personal loan contract but also protects your credit score.

Your income generally has a significant impact on the amount you can borrow through a quick pay day loan because lenders consider your repayment capacity.

As a general rule, a higher income translates to a higher loan amount, but payday loans are usually designed to cater to smaller monetary needs. Still, your credit history and specific lender policies play a part too.

While we don’t offer quick pay day loans at Fundo, we do provide small and medium loans for a wide range of purposes.

To be eligible for our loans online, you must:

At Fundo, we care about your funding experience. When life happens and you need a quick online loan in Australia, we’ve got you covered because, with Fundo, it’s all about easy and quick loans.

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.