$500 - $5000
between $500 - $5000
up to 180 days
20% upfront establishment
fee 4% monthly fee

Small LOAN

Loan amount from $500 to $2000
Minimum 91+ days to Maximum 6 months
20% Establishment Fee and a flat 4% Monthly Fee*


Loan Amount of $1,000 over 20 weeks repayable weekly. $1,000(Principal Amount) + $200(20% Establishment Fee) + $200(fees based on 4% per month over 20 weeks) = $1,400 total repayable in 20 weekly repayments of $70.00.

*The example assumes timely repayment as per the loan agreement, or additional fees and charges may apply.


Loan amount from $2001 to $5000
Minimum 91+ days to Maximum 2 years
$400 Establishment Fee plus interest at 47.8% p.a. (Comparison Rate 66.58% p.a)*


Loan Amount $2500 over 2 years repayable fortnightly. $2,500 (Principal Amount) + $400 (Establishment Fee) + $1553 (Interest) = $4453 total repayable in 52 fortnightly instalments of $85.63

*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.

Having a low credit score can make it difficult to find a lender willing to provide financial support. You may be searching for ‘loans no credit check Australia’ or ‘no credit check loans Australia’ to obtain a short-term loan without the added stress of worrying about your credit score.

At Fundo, we understand that everyone’s financial situation is unique, and we believe everyone deserves a fair chance at financial success. That’s why we offer even those with less-than-ideal credit scores an opportunity to take out a short-term loan. 

What type of loan should I get if I have bad credit?

If you have bad credit in Australia and are considering taking out a loan, you may have thought about getting a secured loan or a bad credit loan.

 A secured loan is a loan that is secured by an asset, such as a car or property, that the lender can seize if you default on the loan. On the other hand, a bad credit loan is a loan specifically designed for borrowers with bad credit searching up ‘loans no credit check Australia’. These loans may come with higher interest rates and fees than loans for borrowers with good credit.

Before applying for any type of loan, it may be a good idea to work on improving your credit score by paying your bills on time, reducing your debt, and disputing any errors on your credit report.

Rather than settling for bad credit loans or loans with high interest rates, Fundo may have the solution for you. At Fundo, your credit score plays a small role in our decision-making process, and we look at the other factors in your application, such as your ability to meet repayments.

To apply for a fast online loan of up to $2,000 at Fundo, you must meet the following requirements: be eighteen years of age or older, have regular employment income of at least $300/week (excluding government benefits), and be a tax-paying resident or citizen of Australia. You must also demonstrate an ability to pay on time and that the loan will not place you under undue financial stress.

If you meet these criteria, you can apply for a loan and will have up to 180 days to repay it.

To begin, visit our homepage and click on the ‘Apply Now’ button. Then, follow the prompts to complete the application form. Upon approval, you will receive an agreement, and the funds will be transferred to your account as quickly as possible, often on the same day.

Our online application form can be accessed 24/7, and loan applications are approved Monday through Saturday, so there is no more need to search up ‘loans no credit check Australia’ online.

You can also take charge and manage your Fundo account with your personalised account dashboard. You can view and update your account, make or reschedule repayments, and easily track important information about your loan. 

Do lenders do a credit check before approving a loan?

In Australia, lenders generally do a credit check before approving a loan. This is because credit checks help lenders to assess the creditworthiness of a borrower and determine their ability to repay the loan. Credit checks also help lenders to identify any potential risks associated with lending to a particular borrower.

Lenders may use a variety of sources to obtain credit information about a borrower, including credit reporting agencies, bank statements, and other financial documents. They may also use other factors, such as the borrower’s income and employment history, to assess their creditworthiness.

At Fundo, we pride ourselves on being responsible lenders, so we conduct credit checks for our loan offers, such as emergency loans. However, we focus more on your ability to meet your payment deadlines rather than any past financial situations. With this in mind, we can lend to people with good and less-than-ideal credit ratings.

Additionally, we also have our own credit score system in place – the Fundo Credit Score. A higher Fundo Credit Score increases the likelihood of being approved for short term loans and entitles you to special discounts and benefits. If you pay your online loan early or on time, provide feedback, or refer friends to Fundo, you will be rewarded with a higher Fundo credit score. You can also improve your score if you don’t have too many loans with other providers.

Are loans with no credit checks more expensive?

While no credit check loans can be easier to apply for when it comes to those with low credit scores, they can be more expensive in Australia than loans that do require a credit check. This is because lenders use credit checks as a way to assess the creditworthiness of a borrower and determine their ability to repay a cash loan. 

When a lender does not have access to credit information about a borrower, they may perceive the borrower as a higher risk and may therefore charge a higher interest rate or fees to compensate for this risk.

However, at Fundo, your credit bureau scores aren’t a major factor in your loan rates and fees. You can apply for a loan at Fundo with flexible repayment options, choosing between weekly, fortnightly, and monthly payments.

Enjoy a seamless loaning process with Fundo.

Our goal at Fundo is to provide our qualified borrowers with equal chances to get their loans approved. We understand that sometimes life really does just happen, and you need cash fast.

That’s why we offer quick loans that can be applied for and approved with ease from the comfort of your home. Our loans online provide a convenient and hassle-free solution when you need financial assistance quickly. 

As experts in the field, we strive to make the loan process as simple and straightforward as possible for our customers, so you no longer need to look through the hundreds of results for your online search of ‘loans no credit check Australia’.

If you have any questions about our quick online loans in Australia, our team is here to help. You can reach us by phone, email, or through our online chat function, as we are always happy to assist you.

So if you’re looking for a teeny, tiny loan of up to $2,000, know you can count on Fundo.

Apply now!

Disclaimer: All opinions expressed in this article are for general informational and entertainment purposes only and should not be construed as financial advice. Commentary views are subject to change without notice at any time.