Low Income Payday Loans
Same day funds up to $5,000
Same day funds up to $5,000
Finder
We approved 320+ loans in the last 24 hours!
Many Australians are struggling with cost of living - prices are higher but income remains low. Despite our best efforts, we may be on limited income for a variety of reasons: injury, temporary disability, juggling home life and part-time work, or in study or training. Though we’d like to have a trouble free and smooth life as we work to get ahead, the inevitable misfortune can and does happen.
As a parent, we may need to pay for our children’s educational needs or urgent medical care. As a student or part-time worker, we may need to pay for our car to be repaired in order to earn that income. An appliance might need replacing, a laptop or PC might need upgrading for school, and urgent surgical or dental work can often put a big dent in our savings - that’s if we have any to begin with.
Fundo understands the needs of people on low incomes and provides easy to understand, simple to apply for, and fast to deposit payday loans to help bridge any financial gaps between now and payday - especially when expenses are urgent and unavoidable.
Fundo empowers Australians to borrow between $500 and $5,000 with flexible payment terms and transparent fees and/or interest rates (this depends on how much you borrow - we explain more in the FAQs) so you can get things back on track and move on with life.
If you have bad credit or are receiving Centrelink payments - we can help. We work hard to approve small cash loans for people on low incomes and may have a less than average credit history.
If you need funds fast - Fundo it! We’re always here to help, 24/7. Use our easy to use and secure dashboard to get started.
People from all walks of life can apply for a small personal loan from Fundo, provided they clear our modest but non-negotiable lending criteria. You must be:
If that sounds like you, start your three-minute application now! Borrow $500 up to $5,000 in a flash. If you agree to your loan contract and have PayID enabled on your bank account, you could have the funds hit your account within 60 seconds. Talk about peace of mind! When things aren’t going your way, Fundo has your back.
At Fundo, we are transparent about our fast cash loan fees and charges. For loans under $2,000, we don't charge interest; instead, we use a straightforward fee structure. We provide all information upfront so you know exactly what to expect before signing.
For amounts above $2,000, the total cost of your loan includes the original loan amount, plus any fees and interest charged over the duration of the loan. This information is provided upfront to ensure transparency.
No. We provide flexible repayment structures that suit your needs.For small personal loans ranging from $500 to $2,000, repayment terms are available from 5 to 20 weeks. For medium-sized loans between $2,001 and $5,000, repayment periods extend from 9 to 26 weeks. Our objective is to offer a repayment schedule that aligns with your financial capacity, ensuring it does not cause undue economic stress.
Concerned about your credit score? There is no need to worry. In some cases, Fundo does not require a traditional credit check. Instead, we evaluate your current financial situation and your ability to repay the loan. This approach makes our loans accessible to a wider range of applicants, even if your credit history is not perfect and you are on a low income.
Yes! Our financial technology focuses on both security and speed. The assessment process is designed to be efficient, providing a decision within minutes. If your bank account has PayID (Osko) enabled, funds can be transferred rapidly upon contract acceptance. Please note that the three-minute application duration is an average and may vary.
First - don’t panic. We’re always here to help. If you're having a tough time with your finances and feeling anxious about keeping up with your loan payments, please don't hesitate to get in touch with us right away. At Fundo, we care about responsible lending and are dedicated to supporting customers who might be facing challenges. Give us a call, and we can chat about your options together. We're here to help you find a way to ease any financial worries you might have. We’re here to help you find solutions that fit your needs, so please reach out to us if you’re experiencing financial difficulties during our office hours over the phone, live chat, or email.
In some basic ways, yes, we provide you with cash upfront that you'll pay back with interest. However, there are differences when it comes to aspects like large loan amounts, extended loan terms (5 years or more), and the presence of security or collateral. Getting a personal loan can sometimes take a few days or even weeks for approval, and it usually involves a formal credit check. With Fundo, you can get small cash loans approved in just three minutes, and the money will be in your account in sixty seconds (subject to contract and PayID conditions)!
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 5 weeks to maximum 6
months
20% establishment fee and a flat
4% monthly fee4
Loan amount from $2,001 to $5,000
Minimum 9 weeks to maximum 6 months
$400 establishment fee, interest at
47.80% p.a. (comparison rate 63.29% 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 6 months with a fortnightly repayment frequency.
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)
