Short Term Loan Bad Credit
Same day funds up to $5,000
Same day funds up to $5,000
Finder
We approved 320+ loans in the last 24 hours!
In need of a short-term loan despite bad credit? Managing financial emergencies with a poor credit score can be challenging, but at Fundo, we offer small loans starting from $500. While we may conduct a credit check, we focus on your overall financial situation to ensure you can still access the funds you need, with a fast and easy application process.
Can I get a short-term loan with bad credit?
Yes, obtaining a short-term loan with bad credit is possible. At Fundo, we understand that financial setbacks happen, and your credit score may not always reflect your current situation. We focus on your overall financial health and your ability to repay the loan rather than just your credit history. Our short-term loans start from $500, providing you with fast access to funds for urgent expenses, even if your credit score isn’t perfect.
Fundo offers an easy online application process that allows you to apply from the comfort of your home, and if approved, you could receive your funds as quickly as the same day. Whether it’s medical bills, car repairs, or other unexpected costs, Fundo’s short-term loans can help you manage financial emergencies with ease.
What are the eligibility requirements for short-term loans with bad credit at Fundo?
Fundo provides short-term loans with flexible eligibility criteria to ensure you can manage your repayments:
These requirements allow us to ensure that our loans are responsible and manageable, giving you access to funds without added financial stress.
FAQs
Can I still apply for a loan if I have bad credit?
Yes, Fundo considers applications from individuals with bad credit, focusing on your current financial situation and ability to repay rather than solely your credit history.
How fast can I receive the funds?
If your loan application is approved during business hours, you could receive the funds on the same day or by the next business day, depending on your bank’s processing times.
What can I use my short-term loan for?
Fundo’s short-term loans can be used for various urgent financial needs, such as medical bills, car repairs, or unexpected expenses.
Do I need a payslip to apply for a loan?
No, Fundo assesses your overall financial situation, including your income from government benefits or other sources, so a payslip is not required.
Safe
and Secure. 5 min
application²
Kim S.
Ellie P.
Robert D.
Safe
and Secure. 5 min
application²
Safe
and Secure. 5 min
application²
Loan amount from $500 to $2,000
Minimum 91+ days to maximum 6
months
20% establishment fee and a flat
4% monthly fee4
Loan amount from $2,001 to $5,000
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 Comparison rate is based on an unsecured loan of $2,500 over a term of 2 years.
WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
6 The example assumes timely repayment as per the loan agreement, or additional fees and charges may apply.
Safe
and Secure. 5 min
application²Terms and conditions and fees and charges apply. Approval and loan amount are subject to our credit assessment criteria.
¹As soon as you sign your contract, 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 its a public holiday, the funds are usually received by the next business day
²Applying for a loan with Fundo usually takes about 5 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.
Fundo is an Australian direct lender that offers short-term, small loans without any legal jargon or red tape. Our online loans are designed to provide access to a broad range of qualified applicants, including those with less-than-perfect credit.
Finding small loans with flexible repayment terms is now a reality with Fundo - no need to keep searching for 'Debt Consolidation Loans Bad Credit', 'Personal Loan With Fast Approval', or '24 Hours Cash Loans'. Applying for Fundo loans in the future gets more engaging when you pay off your loans in advance penalty-free while also increasing your chances for approval.
Fundo believes that eligible applicants should be able to get closer to the loans they need. If you've been looking for small cash loans through search terms like 'Instant Approval Loans Need Cash Today', 'Payday Loans No Credit Check', or 'Savvy Loans', then you can stop looking now - let us show you how easy it is to apply for a loan with Fundo.
We typically respond within 2 min or sooner.
I'd like to borrow ($500 - $5000)
