What Happens If I Don't Pay My Cashnow Loan
Same day funds up to $5,000
Same day funds up to $5,000
We all face unexpected expenses from time to time, whether it's an exciting getaway, urgent home repairs, or simply a cushion for those unpredictable rainy days. If you're wondering what happens if I don't pay my CashNow loan, it's essential to understand the implications and options available to you. That's where Fundo steps in as an ideal lending partner. We provide accessible short-term loans tailored to meet your needs, without the hassle of confusing terms and conditions. Our straightforward online application ensures you can apply quickly and easily from the comfort of your home.
If you miss a payment on your CashNow loan, it can lead to various consequences including:
At Fundo, we encourage responsible borrowing. If you ever find yourself struggling to make payments, our team is here to assist you with potential solutions, ensuring you stay on track.
At Fundo, we offer more than just loans. Here’s why we stand out:
At Fundo, we cater to various borrowing needs. While looking into what happens if I don't pay my CashNow loan, it's good to explore what we can offer:
To be eligible for our loans, you simply need to be over 18 years old, currently living in Australia, earning a verified income of at least $1,000 per fortnight, and able to show that taking on a loan won’t strain your finances further.
With Fundo, you can keep track of your loan and repayment schedule through our user-friendly dashboard. By maintaining good repayment habits, you can enhance your Fundo Score, which may improve your chances for future applications. If you recommend us to friends and manage your repayments responsibly, you can even reap rewards for your positive borrowing behaviour.
So, instead of worrying about what happens if I don't pay my CashNow loan, why not take a proactive step today? Explore our offerings and apply for a Fundo loan now to experience quick and reliable financial support!
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)
