$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.

Having multiple online easy loans can get stressful quickly if they’re left unmanaged for some time. This is often the case, which leads many of us to seek ways to consolidate debt.

But what is debt consolidation? Can you use small, short-term loans for them?

The answer is a resounding yes – and you can use Fundo’s internet loans for this purpose if you like. Fundo cares about your financial situation and offers flexible payment plans so that you can owe as little or as much as you need to meet your financial demands while paying us back.

But before we talk about applications, here are a few things to understand regarding online easy loans for debt consolidation.

Can I use a loan to pay off a different loan?

Yes, you can use a personal loan to pay off a different online loan or several smaller loans – this is called debt consolidation and is known as a loan management strategy.

Debt consolidation is when you take out a new loan to pay off other loans or financial obligations. Your debts or credit are combined into one larger debt to save money on fees or make fewer repayments than several ones spread across multiple debts. Debt consolidation can be used for personal fast cash loans, credit card debt, and other similar financial obligations.

Fundo, for our part, offers opportunities for loan consolidation through our small, short-term loans easy approval possible. With loan amounts ranging from $500 to $2,000, our online easy loans are robust enough to consolidate small loans under one umbrella, making it easier for you to manage your finances this way.

We even take things a step further towards healthy loaning habits through our self-service dashboard. The dashboard is a special feature that allows our borrowers to review and manage their accounts for fast online loans, from viewing their payment history and repayment schedules to updating their account information.

Returning borrowers can also complete new applications for short loans online with just three easy clicks through the self-service dashboard.

Is it a good idea to refinance a loan?

Loan refinancing differs from debt consolidation in that it can be a type of debt consolidation, but not all debt consolidation loans are refinancing.

Specifically, refinancing a loan means renegotiating a specific loan for more favourable terms, such as lowered interest rates, extended repayment periods, or similar benefits. Typically, refinancing leads to savings or discounts, either through the associated costs or fees or lowered interest rates.

Refinancing can be considered a type of debt consolidation because some refinanced loans offer new funds that can be used to pay off other online easy loans or expenses. However, these types of refinanced loans generally involve collateral that has since increased in value from when the loan was approved.

Whether or not it’s a good idea to refinance a loan may depend on your needs. For large-scale loans or mortgages, a quick easy cash loan may not suffice and instead may place you under more financial stress.

On the other hand, if you have a few online easy loans that you want to clear out for your peace of mind, Fundo’s online loans fast approval can be more than capable of doing the job.

Do debt consolidation loans have a high interest rate?

Debt consolidation loans, like any other loan, may have variable interest rates that depend on several factors. Key among them is the interest rate disclosed by the lender.

While we cannot speak for banks, credit unions, and other lending institutions, we can speak for our own interest rates. Fundo endeavours to maintain a fair and responsible lending practice as required by the lending laws of the federal and state governments. We adhere to these laws, which determine the industry standards for what is fair and reasonable regarding interest rates, associated fees, and other costs involved in online easy loans offered by direct lenders like us.

In the same vein, we are required by law to set eligibility criteria for our borrowers, though we’ve endeavoured to keep our criteria minimal. These criteria are as follows:

  • You must be at least eighteen years old to apply.
  • You must be an Australian citizen or permanent resident.
  • You must be earning at least $300 a week, before any government benefits or pensions.
  • You must have an exit plan for completing any Fundo online easy loans.
  • You must not be placed under undue financial pressure by taking on a Fundo loan.

We encourage our borrowers to have an income stream separate from any government benefits or allowances. People in this situation might be asked to reapply at a different time when they have a different source of income.

Similarly, meeting all of these requirements does not guarantee instant approval for fast small loans. All applications are still subject to review. Our team of loan consultants reviews each application independently, though we can assure you that we do our best to make fair decisions on applications. 

A more engaging loan experience with Fundo

At Fundo, we don’t just rely on credit scores for creditworthiness.

If you’re interested in checking your application’s chances of approval, why not try out the Fundo Credit Score? Our borrowers can use it to improve their application’s chances of getting approved by repaying online easy loans on time, referring Fundo to friends and family, and leaving us feedback on their Fundo experience. The higher your Fundo score, the better your chances are of getting approved for a loan money online.

Finally, if you have any questions about our loans, we’d be more than happy to discuss your options over a phone call, email, or through chat. Our customer service representatives are available Mondays through Saturdays.

Experience a more engaged way of borrowing much-desired online easy loans. Instead of small advance loans from other lenders, apply for a new loan with Fundo instead – today! 

These opinions are for general information and entertainment only and are not intended as financial advice or recommendations. All commentary may be revised or updated without notice at any time.