FUNDO
LOAN EXAMPLE

Borrow
between
$500 - $5000
Flexible
Payment
Terms
NO HIDDEN FEES
PAYOUT EARLY
FOR DISCOUNTS
Borrow
between $500 - $5000
Pay
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*

Example

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.

MEDIUM LOAN

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)*

Example

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.

Securing a loan from traditional loans places like banks and credit unions can be difficult and time-consuming. You are often required to provide a mountain of paperwork, and the process can take weeks or even months.

Luckily, Fundo makes it easy to apply for small loans in Australia without the hassle of paperwork and long wait times. Our 100% online application process is fast, simple, and secure, so you can get closer to the loan you need quickly and easily.

What are the best loan places for personal loans?

When it comes to applying for a personal loan, there are many loans places and services that you can choose from. It is important to do your research and compare the different options available to ensure that you get the best loan company for your needs. 

Online lenders are becoming increasingly popular for personal loans, as they can offer convenient borrowing and fast loan approval for those in need of simple loans. If you’re looking for loans places with fast and easy processes, look no further than Fundo. Our loans are great options for those who want to apply for a loan quickly and are looking for flexibility and ease of use, so if you’re thinking to yourself, ‘I need cash fast’, consider borrowing a loan from us today. 

Our loan options range from $500 to $2,000 with repayment terms of up to 180 days and are available to all approved borrowers. To be eligible for our quick loans, you must:

  • be at least eighteen years old at the time of your application;
  • be a citizen or tax-paying resident of Australia;
  • earn at least $300/week in regular income, excluding government benefits;
  • demonstrate an ability to meet repayment deadlines; and
  • not place undue financial pressure on yourself by borrowing from Fundo.

Is it easier to borrow money from loan places online?

Borrowing money from loans places online can be quite convenient, as the entire process can often be done without ever leaving your home. Many lenders have streamlined the process of applying for instant online loans, making it easier to borrow money from loan places online when compared to traditional brick-and-mortar loans places. 

At Fundo, we make the loan application process as simple as possible. All you have to do is visit our homepage, click on the ‘Apply Now’ button, and follow the prompts. If you qualify for the loan, we'll send you an agreement and have the funds deposited in your account as soon as possible, often on the same day, which is ideal if you’re looking for something similar to quick approval loans.

Another thing that makes it easier to borrow from Fundo is that we don’t put huge emphasis on one’s credit score. We believe that credit scores don't tell the whole story, and that's why we've developed our own credit scoring system, the Fundo Credit Score. 

This system rewards our customers for paying their loans early or on time, as well as for sharing feedback and referring friends to Fundo. Additionally, we offer special discounts and benefits for those with improved scores. The higher your Fundo Credit Score, the better your chances are of being approved for fast loans in the future. 

What should I consider when applying for loans online?

When it comes to finding the best loans places for financing, there are a few different factors that you should take into consideration. 

You want to consider the loan terms, such as how long the loan will last and what type of repayment schedule it offers. Additionally, you should look into the fees associated with the loan, such as origination fees or prepayment penalties. 

Another consideration is the reputation of the loan provider. You want to make sure that you are dealing with a reputable lender that has a good track record of providing its customers with quality service. It is also important to look into the lender’s financial standing and any potential consumer complaints filed against them.

Finally, it is important to compare the different loan options available. There are a variety of lenders out there, each offering different loan products and terms. You should compare the interest rates, loan amounts, repayment schedules, and fees to determine which loans places could be right for you. 

It would also be in your best interest to consider the ease of managing your loan with specific lenders. For example, at Fundo, we provide our customers with a personalised account dashboard to manage their Australia loans online. 

With this feature, you can take charge of your account and easily view and update your account information, make or reschedule repayments, and stay on top of your loan details such as balance, duration, and payment dates. 

Additionally, you can earn points and check your Fundo score all through your account dashboard. With this feature, you can access and manage your online loan at any time, making it easy to stay on top of your financial obligations.

Get closer to the loan you need with Fundo

At Fundo, we understand that traditional banks may have strict requirements and lengthy processes. As an online lender, we make the process of obtaining small loans in Australia easy by eliminating complicated terms, confusing paperwork, and legal jargon. 

With Fundo, you can apply for online quick cash loans without any fuss. Get started on your online loan application today!

Disclaimer: Unless otherwise specified, the opinions expressed in this article are strictly for general informational and entertainment purposes only and should not be taken as financial advice or recommendation. Any commentary views are subject to change without notice at any time.