Looking for a guaranteed cash loan? It can be hard to get fast cash when you need it most, especially if you have a less-than-stellar credit history or even no history at all. The worst part about the lengthy application processes of traditional lenders is that they use up time you may not have, and even if you patiently go through the entire process by the book, you may still not get the loan you need. 

It's no wonder people have resorted to searching for a guaranteed cash loan or ​​immediate cash loans online.

If you are looking to cover an emergency expense, you have a major car repair bill or need some money to pay for an unplanned trip, whatever the reason, we at Fundo are here to help. We offer small short-term loans with no mandatory credit checks or hidden fees.

Our turnaround times are exceptionally fast, which is perfect for Aussies in search of a last minute loan. The online application process is quick and easy to follow, and once you complete it, we will have your information reviewed swiftly, get back to you regarding your approval status, and promptly send you your funds, sometimes even within the same day if you apply during business hours.

Are there loans that approve anyone?

Despite the rise in popularity of ‘guaranteed cash loan’ and ‘instant cash loans guaranteed approval’ searches, you’ll find that responsible lenders still make sure you meet some requirements before getting approved for a loan. All lenders have their own criteria for evaluating loan applications and determining whether to approve or deny a request for funding. 

Some factors that lenders may consider when evaluating loan applications include the borrower's credit score, credit history, income, debts, and assets. 

In general, it is more likely that a borrower will be approved for a loan if they have a good credit score and little to no existing debt. However, even if you do not meet all of these criteria, you may still be able to find help from an alternative lender like Fundo that can work with you to meet your needs.

Fundo loans have minimal requirements for eligibility, so you won’t need to resort to looking for guaranteed cash loan offers. To apply for one of our loans, you must meet the following requirements:

• You need to be at least eighteen years old or older.
• You must be an Australian citizen or a tax resident.
• You must earn at least $300/week in regular income, excluding government benefits.
• You must provide evidence of financial stability and the ability to make timely payments.
• You must not risk putting yourself in financial difficulty by taking out the loan.

Does a smaller loan amount guarantee approval?

You can look for a smaller guaranteed cash loan all you want, but a smaller loan amount does not guarantee approval. Lenders consider many factors when determining whether or not to approve a loan, and the size of the requested loan amount is just one of them.

If the borrower’s credit score is poor, their debt-to-income ratio is too high, or they lack sufficient collateral, they will likely be denied regardless of the loan amount requested. 

At Fundo, teeny tiny short-term loans are our bread and butter. All of our loans are unsecured, which means there is no collateral required. Although it's a bonus if you have good credit, we don’t require our borrowers to have a good credit history or credit score. 

At Fundo, we don’t believe it’s fair to sum you up based on yesterday’s financial issue. We take into account your unique financial situation when you apply for a loan with us.

Can a guarantor help make sure my loans are approved?

A guarantor can certainly help with your approval with some lenders, though they still won’t make it a guaranteed cash loan. A guarantor is a person who agrees to take on responsibility for the loan if you are unable to make payments. This means that the guarantor will pay back the full amount of the loan if you are unable to do so. 

While having a guarantor may increase the chances that your loan will be approved and may help you get a better interest rate, lenders still consider your creditworthiness and income level when determining whether to approve your loan. 

It's also important to note that both you and the guarantor will be held accountable for the loan if you fail to make the payments, the guarantor will be held accountable, and their credit score will be affected. 

Whether you have a guarantor or not, if you are having trouble finding a lender, consider our services at Fundo. We believe that finance should be an enjoyable and educational experience, not a tedious one. We offer an alternate way to improve your chances of getting approved, which is why we have introduced our own little reward system called the Fundo Credit Score.

This score encompasses your entire history with us at Fundo. You can win points for early and timely repayments, leaving a review, and referring a friend. You can even win some more points when your friend gets approval on their loan. Think of it like a game that you win through good financial behaviour. And encouraging others to do the same.

Monitor your score through our interactive dashboard, where you can also receive top tips about financial health from us at Fundo, from topics like ‘instant weekend payday loans Australia’ to ‘loans like sunshine loans’.

No more rummaging through internet results in search of a guaranteed cash loan. Apply for a short-term loan today with us!

Disclaimer: Except where otherwise specified, this article's opinions are intended solely for informational and entertainment purposes and should not be considered financial advice. The views expressed in any commentary are subject to change without notice.