$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.

It’s difficult to expect low interest payday loans from mainstream lenders these days.

Not only are many of them set in their pen-and-paper ways, but many of them also leave you waiting for days to weeks just to hear back. You need funds, and you need them fast, but you also don’t have the time to wait around.

This is where small payday loan and small short-term loan providers like Fundo come in. At Fundo, we have a fast turnaround on our loan processes, which are also 100% online, meaning you can apply at any time of day and potentially have your application reviewed, approved, and released on the same day (given optimal conditions). Fundo could have you looking at your much-needed funds in just hours, not days.

There are still requirements for such loans, of course. And if you have questions about the associated fees or interest rates, then we feel it’s fair to disclose how our loans work as well.

Here are some important questions (and answers) about Fundo’s low interest payday loans.

Are payday loan interest rates fixed?

Before we answer this question and discuss low interest payday loans, let’s break down what interest rates are first.

Interest rates on new payday loans, for example, are the percentage a lender charges the borrower based on the principal, or the gross amount being borrowed (that is, before any fees or deductions). For most loans, an interest rate known as annual interest rate or APR (annual percentage rate) applies.

The annual percentage rate (APR) indicates the interest rate based on an annual basis. However, small wage advance loans typically have durations lasting anywhere from five to twenty weeks, maturing well under a year. Depending on the quick payday advance amount, for example, lenders can waive their APR rates for other fees instead, as determined by lending laws in the country.

In summary, certain types of interest rates are not included in low interest payday loans. However, it doesn’t mean that they’re interest- or fee-free. Any associated fees that come with loans vary between lenders.

At Fundo, our goal has always been to make our loans more accessible. By making it possible to apply for and potentially get a loan today, we’re able to reach a wider demographic of borrowers every day. And while we offer easy personal loans online, we ensure that we stick to industry standards regarding such fees, ensuring that our fees are fair and reasonable.

What fees do I have to pay with payday loans?

While we can’t speak for the low interest payday loans or online payday loans that other lenders offer, we can speak on our behalf regarding the interest rates and other associated costs included in our online fast loans.

Fundo follows lending laws set at the federal and state levels to be a responsible lender. Part of these responsibilities includes only charging fees for credit products like a quick finance loan that follow the limit set by the government.

That being said, Fundo takes our obligations with respect to responsible lending seriously. The same laws allow us to not charge an APR as a small personal loan provider. 

Meanwhile, if you’re looking for ways to save on your monthly account fees or earn back on your interest, our Fundo Credit Score adds value to your loan experience with us by helping you do just that. A strong Fundo score can lead to discounts on your loans as well as encourage you to save on account fees when you repay your loans early.

The Fundo Credit Score is especially useful if you’re interested in taking another loan with us in the future. The higher your score, the better your chances are of getting your next application approved. 

What is the fastest way to compare loan offers online?

At Fundo, we have several loans for cash that you can apply for. You can compare your options by speaking with our customer support team, which can be reached Monday through Saturday during business hours and can provide answers via phone call or email. They’re more than happy to help you with any questions you may have about our low interest payday loans or related services.

If you’re the hands-on type, meanwhile, our self-service dashboard may interest you. The self-service dashboard is your central hub for managing your Fundo loan account and where you can review your ongoing loan repayment schedule, payment history, account information, and other such data.

We also offer helpful financial wellness advice through the dashboard, free of charge, that you can use to better manage your loans with us. For returning borrowers, you can use the dashboard to apply for a new loan within minutes with just three clicks.

Fundo’s goal is to offer a more fun and engaging experience to our borrowers. By building such relationships with our borrowers, we believe it will encourage healthier borrowing habits – this way, we’re helping each other.

Instead of looking for low interest payday loans elsewhere, look for them here instead. Apply for a new quick small loan with Fundo today!

This article is intended only for general information and entertainment and should not be construed as financial advice or recommendations. Any opinions expressed in any commentary may also change at any time without notice.