Short Term Loans For Very 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!
Searching for Short-Term Loans for Very Bad Credit? Fundo Offers Solutions
Searching for short-term loans for very bad credit? Fundo provides small loans starting from $500, with a focus on helping you get approved based on your current financial situation rather than your credit history. Our fast online application process ensures quick access to cash when you need it most, with flexible repayment terms tailored to suit your individual financial needs. Even if you have a very bad credit history, Fundo offers a fair assessment of your situation, helping you get the financial support you need.
FAQs
Can I get a short-term loan with very bad credit?
Yes, even if you have very bad credit, Fundo offers small loans that assess your current financial situation. While we may conduct a credit check, our internal scoring system looks at a broader picture, allowing for more flexible approval for those with less-than-perfect credit.
What can I use a short-term loan for?
Fundo’s loans can be used for a wide range of purposes, including medical emergencies, paying overdue bills, or covering unexpected expenses.
How fast can I get the funds?
Once approved, the funds will be transferred into your account in 60 seconds from accepting your loan agreement and if your bank supports PayID, making Fundo an ideal option for those needing immediate financial support.
Will my loan request be denied if I have defaulted on past loans?
While each application is reviewed individually, having defaulted on loans in the past doesn’t automatically disqualify you from approval. Fundo considers various factors when reviewing your application.
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)
