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.

If you need money urgently to cover your expenses, you might search online for solutions related to ‘money loan fast’. You could spend hours looking through search results, trying to figure out what works for you. 

Look no further than Fundo. Our short-term personal loans are designed to provide quick and easy access to the funds you need, when you need them. With our streamlined online loan application process and flexible loan options, we may be able to help you get a money loan fast.

Apply today and see if Fundo is the right fit for you.

Is it easier to find cheap cash loans online compared to banks?

Online lenders may make it easier to find and apply for a money loan faster than traditional lenders can. Many people apply for cash loans online because of the generally quicker approval and funding times, which can be very beneficial to you when you need a money loan fast.

At Fundo, you can easily and quickly apply for a short-term personal loan from the convenience of your mobile phone, wherever you are. All you need to do is visit our website, click on the ‘Apply Now’ button, and declare how much you wish to borrow. 

If you applied and were approved for a Fundo loan during business hours, you could receive your loan within the same day! And even if you applied towards the end of the day, you can expect to receive your loan once business hours resume the following day. 

Are money lenders online more flexible compared to traditional lenders?

Most of the time, online non-traditional lenders are more flexible than traditional lenders because they have a more streamlined process and lenient terms and conditions. Many online lenders recognise how difficult it can be to manage finances when unexpected expenses or financial gaps arise, as we do here at Fundo.

Even if your credit score is less than ideal, Fundo has an easy and accessible application process and provides you with flexible repayment options to accommodate your situation. It is our goal to provide qualified borrowers with more complex financial circumstances with a fair chance of getting approved and receiving the money they need when they need it.

As responsible lenders, we still check your credit score, but this is only a minor factor in our assessment; we focus more on your ability to pay back your loan. 

To qualify for a Fundo loan, you must:

  • be at least eighteen years old;
  • be a permanent resident or citizen of Australia;
  • earn at least $300 per week, excluding government benefits;
  • prove that you can meet repayment deadlines; and
  • not place yourself under undue financial risk by borrowing from Fundo. 

When you need a money loan fast, consider applying for a quick personal loan online at Fundo today. 

How many times can I adjust my repayment terms for small loans online?

When looking for an online lender, it’s important to not just find one who can provide a money loan fast, but who can provide a quick fast loan with repayment terms that suit you. When it comes to Fundo’s quick short-term loans, borrowers can change the repayment schedule of their Fundo loans if certain circumstances affect their ability to make payments. We only ask that you let us know ahead of time if you want to change how you pay back your loan. 

Afterwards, the details of your Fundo loan will be changed to reflect your new repayment terms, and you can easily check the details of your loan on Fundo’s self-service dashboard. You can even set the dashboard to send you a reminder a few days before your repayment deadline, so you never forget to pay back your loan on time. On the same dashboard, you can also get daily tips and advice on how to manage your finances and get smarter about money in an interesting way.

Contact us any time to learn more about Fundo loans or if you have questions like, ‘What are payday loans?’ You can get in touch with us from Monday to Friday, 9.00 a.m. to 6.00 p.m., and Saturday, 9.00 a.m. to 5.00 p.m.

If you need to borrow money today or need a money loan fast, consider applying for a teeny, tiny loan with Fundo! 
Disclaimer: All of the opinions expressed in this article are meant for general information and entertainment. Unless it says otherwise, you shouldn’t take what’s said in an article as financial advice. We reserve the right to change any opinion in this article based on new information and without notice.