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.
When you need a loan, it’s important to consider all of your options and find the right loan for your specific needs and financial situation. Whether you’re looking to finance a large purchase, such as a car or home, pay off existing debt, or cover unexpected expenses, there are a variety of loan options available to choose from.
When you need to borrow money online, one of the most reliable lenders out there is Fundo.
With a simple and easy online loan application process paired with quick approval times, our teeny tiny loans are a great option for anyone in need of quick financing.
Can I still get a loan even during the weekend?
If you need a loan immediately, it is possible to get approved for one during the weekend, but availability and terms may vary. Some lenders may offer online or phone applications with approval processes available on weekends, but availability may be limited compared to regular business hours.
At Fundo, we understand that you may need financial assistance at any time, which is why we have made our online loan application form available on our website 24/7. This means that you can apply for a loan at any time, day or night, simply by visiting our website and completing the form. Plus, our loans have flexible repayment terms, which is great for anyone who may need short term loans.
In addition to being available at all times, loan applications are also processed from Monday to Saturday. If you are approved, we will work to get the funds transferred to your account promptly. We strive to make the loan process as convenient and efficient as possible for our customers who need a loan.
Which loan has the easiest application process?
If you need a loan, Fundo has one of the easiest loan applications around.
To apply, start by visiting our homepage and clicking on the ‘Apply Now’ button. From there, follow the instructions provided to complete the application process. If you get your loans approved, we will send you an agreement and make sure the money gets to you as quickly as possible, which is often on the same day if you apply and get accepted during business hours.
For returning borrowers, it’s even easier. If you need a loan, you can apply for a new one in just three clicks.
Here are the requirements to qualify for a loan from Fundo:
- must be 18 years of age or older
- must have regular employment income
- must have the ability to meet repayment deadlines
- must not be placing undue financial pressure on themselves with the loan
If you’ve gone through different lenders before, you’ll quickly notice that a good credit score isn’t part of our basic criteria for borrowers who need a fast, small loan.
At Fundo, we believe that there is more to a person’s creditworthiness than just their financial history. That’s why we have developed our own scoring system called the Fundo Credit Score.
This system rewards our customers for paying their small cash loans on time or early, as well as for sharing feedback and referring friends to Fundo.
By earning points, you can improve your Fundo Credit Score and increase your chances of being approved for small loans online. In addition, we offer special discounts and benefits to customers with high Fundo Credit Scores.
Do I need a bank account to apply for a loan?
It is generally necessary to have a bank account in order to apply for money loans online in Australia. Most lenders will require you to have a bank account in order to deposit the cash loans online and set up automatic payments for loan repayment.
With a bank account, Fundo will be able to quickly send your funds to you as soon as you’re approved, although there may be delays due to banking processes.
Once you’ve been approved, you’ll be able to take advantage of your personalised account dashboard. Here you can view and update your Fundo account, make or reschedule loan payments, and keep track of all your important online cash loan information, namely your balance, duration, and payment dates.
You can also manage and gain points on your Fundo Credit Score with the use of your dashboard.
Take matters into your own hands – choose the simpler way
With a loan provider like Fundo, there’s no reason to jump through hoops and hoops of paperwork and long lines when you need a loan. We are your quick online loan experts, and we act like it. You can enjoy a loan experience right from home with our no-fuss application and quick processes.
If you have any questions regarding our quick and easy loans application process, feel free to reach out to us via call, email, or our online chat function.
Need a loan? Fundo it!
Disclaimer: All opinions presented in this article are strictly for informational purposes and are not intended to be taken as financial advice or recommendations. It is possible for commentary views to change at any time without notice.