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.

It goes without saying that having a stable schedule or routine brings about comfort, but with how fast-paced modern life is, there would be times when you’d have to look up ‘online loans Australia’ or other similar terms like ‘loans online fast’ on the web. Not to worry; a lot of other people also face issues like this, and that’s why there are heaps of internet loans you can choose from. 

However, should you be keen on skipping the lengthy decision-making process, you can get a chance to do so by checking us out at Fundo. With us, you can expect a service that has convenient online quick cash loans and a professional team that’ll always go the extra mile to gain a deeper understanding of your specific situation. This way, you can rest easy knowing that your application will be well-assessed. 

Whether you’re looking for quick short term loans or perhaps just loans online, you’ll be pleased to know that we have offers that can align with your contract preferences (repayment period, principal balance, etc.) and work well with your lifestyle. So if you need money now, feel free to navigate our intuitive platform and apply today to quickly get a decision, as well as other Fundo benefits.

How do I check if an online loan lender is legitimate? 

Seeing that you’re someone who’s interested in topics like ‘online loans Australia’ or ‘small quick loans Australia’, then you’d most likely want to know what you can do to verify the legitimacy of a quick fast loan business. In that case, you can consider assessing the service platform by reading reviews and even having a discussion with friends.

  • Assessing the service platform. Do they have an Australian credit licence? Are you directed to the appropriate forms? Do the pages seem reliable and up-to-date? Appearance and functionality say a lot about a lender, which is why we at Fundo even have an advanced self-service dashboard to help approved borrowers manage and stay on top of their finances. 
  • Reading up on reviews. Aside from your experience, you should take into account how the lender interacts with other clients. Searching ‘online loans Australia testimonials’ is a great way to find out if a service lives up to your expectations, and as such, you can feel free to check out Fundo’s ratings on multiple channels
  • Having a discussion with friends. Lastly, you can ask for help from those who are more experienced in the field of borrowing. Perhaps some friends or family members can tell you about lenders like Fundo. If you get approved, you can enjoy our 500 to 2000 dollar loan options and refer others in the future for Fundo Credit Score points.

Do online lenders also offer advice about loans?

When thinking about topics like ‘online loans Australia’ or ‘fast cash loans Australia’, keep in mind that not all lenders would offer you advice about quick and easy loans. Generally, there are separate services that provide this kind of assistance, which would require you to pay consultation fees and charges. 

However, if you become one of the many empowered Fundo clients, you can also use our self-service dashboard to receive tips and helpful information about our Australia loans online. What’s more, you can even make on-time or advance repayments through this tool and view the status of your unique Fundo Credit Score.

In order to give you more insight, the Fundo Credit Score can be built up over time through positive borrowing practices like meeting deposit deadlines or, as mentioned, making referrals that’ll lead others to apply for online loan options at Fundo. 

With this, you can have a higher Fundo Credit Score and then have a better chance at getting approved in the future, should you need another one of our easy loans online. 

Why are online loans in Australia quicker compared to banks? 

A number of people in Australia search for terms like ‘easy online loans Australia’ or ‘quick online loans Australia’ on the web since they know that digital lenders boast more streamlined processes. For instance, we at Fundo pride ourselves on having a 100% paperless application you can complete in the comfort of your own home. 

In addition to this, the service we provide also has an efficient yet thorough decision procedure for our cash loans online. Instead of driving down to a physical bank location, waiting in queues, and then waiting days or even weeks for a response, we at Fundo can get back to you as soon as the same day.

Just remember that if you apply during the latter portion or after our working hours (Monday to Friday, 9.00 a.m. to 6.00 p.m. and Saturday, 9.00 a.m. to 5.00 p.m.), then you can still look forward to a fast online loan decision, but with a response given the next business day. 

Need a teeny, tiny loan up to $2,000? Apply now!

Disclaimer: Please note that the data on this page and accompanying figures are for informational and entertainment purposes only (unless specifically stated otherwise). The opinions and suggestions presented here can also be updated without express notice and should not be relied upon as personalised financial advice for anyone’s unique circumstances. For this type of help, we at Fundo implore you to consult with an expert who can give you money management support.