$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.

Why Choose Fundo As Your Payday Advance Alternative

Considering a payday advance? We get it – unexpected situations can pop up, leaving you in a pinch and in need of money fast to bridge the financial gap. That’s where pay advance loans have typically come into play, but guess what? There’s a quick, simple and accessible alternative to wage advance loans that takes a no-hassle approach: Fundo.

Fundo is here to help you navigate through short-term financial challenges without the drawbacks of a payday advance. Learn about our online personal loans and how we can help with your financing needs, just like the thousands of Australians we have already helped.

How does a payday advance work, and what is it for?

Payday advances, also known as before payday loans or payday cash advance, are quite popular among those looking to address their financial curveballs. Loans before payday are short-term loans, usually due on your next payday. Some people intend to use a payday advance to cover unexpected expenses or avoid pesky late fees that come with overdue bills, for example.

Potential pitfalls of payday advances

As much as a payday advance can be a financing option, it presents its own set of challenges, such as hidden fees and strict repayment terms, which can worsen rather than improve financial circumstances.

Payday loans are typically the last resort, and it’s ideal to consider your repayment capacity seriously before choosing this option. It might be worthwhile to explore other options, such as borrowing from a more flexible lender like Fundo, rather than endlessly searching for ‘Australia payday loans’, ‘advance payday loans’, or ‘payday loans near me’.

Discover Fundo: your payday advance alternative

For thousands of Australians, Fundo is the go-to for quick, no-fuss online loans. With Fundo, you can wave goodbye to lengthy and rigid loan approval processes and say hello to our speedy, straightforward loans. We offer a wide range of personal loans that cater to diverse needs, which you can access conveniently online.

Enjoy a smooth and stress-free application process with Fundo

Rather than borrowing money before payday through a payday advance, apply for a Fundo loan instead. We have streamlined the application process to make it as quick and efficient as possible. With our completely online loan process, you can forget about complicated forms and long waiting times.

What’s more, our commitment to fast funding means that if you apply and get approved during our business hours – Monday to Friday from 9.00 a.m. to 6.00 p.m. and Saturday from 9.00 a.m. to 5.00 p.m. Sydney time – you could potentially have the funds in your account on the same day. That’s not all – we also offer flexible repayment options to make managing your loan easier and more convenient.

Supporting Australians with different credit scores

At Fundo, we understand that your credit score doesn’t define you, and that’s why we take a different approach. While we may perform credit checks, we don’t let your credit score hold all the power. It only plays a minor role in our decision-making process. Instead, we consider a range of factors when assessing applications, with your ability to repay in the present taking centre stage.

Frequently Asked Questions (FAQ)

What is another name for a payday loan?

The terms payday cash loans, cash advance loans, wage advance loans, and access pay early loans are often used interchangeably to describe a payday advance loan.

What are the typical requirements for obtaining a payday advance?

When it comes to securing a payday advance, there are usually specific requirements in place. It’s important to note that these eligibility criteria can vary among payday lenders.

If it’s online loans at Fundo that you seek, you need to:

  • be at least eighteen years of age or older;
  • be a citizen or tax-paying resident of Australia;
  • earn at least $1,000 per fortnight, including government benefits
  • demonstrate an ability to meet repayment deadlines; and
  • not place undue financial pressure on yourself by borrowing from Fundo.

Are there any limitations or restrictions on how the funds from a payday advance can be used?

It all depends on the payday loan lenders you choose. If you choose Fundo’s personal loans, for example, you have the freedom to use the funds as you see fit. Please be aware that we may ask you to specify your purpose for the loan as part of our application process.

Quick, reliable online loans with Fundo

Now that you know Fundo is dedicated to helping Australians navigate through their short-term financial hurdles, there’s no need to think of payday advance loans or urgent payday loans as your sole financing option. Say goodbye to the hassle and confusion that often come with loan applications. At Fundo, we’re with you every step of the way, ensuring a seamless and straightforward process.

Our user-friendly online application is designed to get you back on track quickly. With us, there’s no complicated jargon or confusing legal talk – just a simple and hassle-free borrowing experience.

Apply for a Fundo loan today and experience the difference!

Disclaimer: Please note that we do not offer payday advance loans. At Fundo, we provide personal loans and may be able to help you, like the thousands of Australians we have already helped.

Unless otherwise specified, the opinions expressed in this article are strictly for general informational purposes only and should not be taken as financial advice or recommendations. Any views are subject to change without notice at any time.