Quick Pay Loans Bad Credit
Same day funds up to $5,000
Same day funds up to $5,000
Need quick pay loans with bad credit? A low credit score can make it difficult to secure loans, but at Fundo, we focus on your current financial situation rather than just your credit history. We offer small loans starting from $500, with fast approval and a simple online process, ensuring you get the funds you need quickly, even with bad credit.
Can I get a quick pay loan with bad credit?
If you’re dealing with bad credit but need a quick loan to handle urgent expenses, the search for the right lender can be challenging. Many lenders may hesitate to approve loans for those with a poor credit history. However, Fundo offers small loans starting from $500, providing an accessible option for people with bad credit. At Fundo, we consider more than just your credit score � your verified income and financial health are also taken into account during the assessment process.
Our loans are designed to be fast and straightforward, meaning you can apply online in minutes. If approved within business hours, you could receive your funds the same day or by the next business day, depending on processing times.
How does Fundo’s loan process work for those with bad credit?
Fundo’s loan process is quick and easy, even if you have bad credit. Here’s how it works:
Fundo offers flexible repayment options and transparent fees, making it a responsible choice for quick loans even if you have bad credit.
FAQs
Can I still get a loan with bad credit?
Yes, Fundo provides small loans even if you have bad credit. We consider your overall financial health, including verified income and ability to repay.
How quickly can I receive my loan?
If approved within business hours, you could receive your loan on the same day. If not, the funds will typically be available by the next business day.
What can I use my Fundo loan for?
You can use your loan for personal expenses such as medical emergencies, car repairs, or other urgent needs. Fundo does not offer loans for repaying existing debts or paying rent.
Do I need to provide bank statements for a loan?
Bank statements may be required as part of the application process to verify your financial situation and income.
Is there a credit check involved in the process?
A credit check may be part of the assessment process, but we look at more than just your credit score when determining eligibility.
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)
