$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.

Payday Advance Loans: A Guide to Fundo’s Easy Alternative

Are you juggling bills, facing unforeseen expenses and payday still feels light-years away? Meet Fundo, the online lending platform that offers an alternative to payday advance loans in Australia.

With us, you can forget rigid repayment terms and hidden costs. With Fundo, get a fast, flexible and user-friendly financial boost designed for your needs. Ready for a less-stress loan journey?

Understanding Payday Advance Loans

What Are Payday Advance Loans?

Payday advance loans, also known as payday cash loans or simply pay advance loans, serve a specific purpose: they provide a short-term, small cash loan due by your next payday.

Situations leading to payday advance loans often involve unforeseen expenses like medical bills or urgent car repairs. Such immediate financial demands can make it harder to make ends meet. Payday advances act as a buffer in these scenarios, providing immediate relief.

Navigating Through Payday Advance Loan Complexities

Despite their convenience, traditional wage advance loans have complexities. Typically, hidden fees and rigid repayment methods can lead to spiralling debts if not managed wisely. Therefore, it’s vital to approach these loans with a clear understanding of the terms and potential risks involved.

Introducing the Alternative: Meet Fundo

Introducing Fundo: Our Aspirations and Offerings

As a leading online lender in Australia, we provide alternatives to before payday loans and instant payday loans, so you can meet your needs without feeling the burden of sudden financial strain. Our mission is to provide an empathetic, user-friendly and accessible personal loan experience to a wide range of borrowers.

Fundo’s Unconventional Strategy: A Fresh Approach to Personal Loans

We’re not your typical lender. We focus on transparency, ensuring our customers have an understanding of their finances. Our digital-first strategy enables quick and straightforward loan application, processing and disbursement, right from the comfort of your home.

Testament to Success: Fundo’s Positive Influence on Australians

Our services have offered a lifeline to thousands, helping them cover unexpected expenses and manage their cash flow efficiently. Plus, we’re also proud to say that we’ve won accolades, like the 2022 and 2023 awards from, for our loans.

Payday Advance Loans Vs. Fundo’s Personal Loans

Examining Payday Advance Loans: Unmasking the Obstacles

Traditional payday advances, including same day payday loans or quick payday loans, provide immediate financial relief but also typically come with drawbacks. Strict repayment terms and hidden charges make these loans a risky venture. Users frequently find themselves in a debt trap due to these challenges.

Unravelling Hidden Costs: Payday Loans Vs. Fundo’s Transparency

While some traditional payday advance loans often come with hidden costs that could make it difficult to improve your financial situation, Fundo stands firm in its commitment to absolute transparency. We disclose all fees and charges upfront. With us, what you see is what you get, ensuring you make informed financial decisions.

The Advantages of Fundo’s Swift, Hassle-free Online Loans

Unpacking Fundo’s Seamless Application Process

Fundo’s online loan process is a breeze. Our application form takes only a few minutes to complete and is accessible from anywhere, anytime. We’ve stripped away the complex paperwork usually associated with loans, paving the way for a truly swift Aussie loan experience. Our approval process is equally quick, making us a great alternative to payday advance loans.

If you submit your application and it gets approved during business hours, which are 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, chances are you could get the money on the same day.

Embracing Diverse Credit Histories: Fundo’s Inclusive Approach

Fundo is dedicated to offering financial solutions to a broad spectrum of applicants, including those with less-than-perfect credit histories. We aim to provide opportunities where traditional payday lenders might not, as we believe that creditworthiness is more than a traditional credit score.

Hence, we’ve created our own system to go alongside the traditional credit score system – the Fundo Credit Score. This innovative approach encourages and rewards timely online loan repayments, engagement via feedback and friend referrals. Each action elevates your Fundo Credit Score, enhancing your chances of swift loan approvals.

Plus, an elevated Fundo Credit Score opens doors to exclusive perks, including special discounts and benefits. Fundo offers a new, comprehensive way to build your credit and benefit from it.

Frequently Asked Questions (FAQ)

Will my employment history and income level affect my eligibility for a payday advance loan?

Yes, these factors typically play a role in determining your eligibility for loans.

At Fundo, we assess each application holistically. Instead of just looking at your employment history, we focus on your current ability to repay the loan. This approach allows us to extend our services to a wide range of applicants. Even if you’re self-employed, a part-time employee, or a seasonal worker, you can apply for a Fundo as long as you meet our requirements.

How does a payday advance loan compare to a personal loan?

Both loans are similar in several ways: they can be used for a variety of purposes (unlike other types of credit like home loans and car loans, for example) and they’re typically available in smaller amounts.

One of the big differences between the two is the repayment period. Aussie payday loans usually must be paid when the borrower receives their next salary payment. Meanwhile, personal loans typically have longer repayment options.

At Fundo, we offer small and medium personal loans with no hidden charges. We also provide flexible repayment options, a fast application and approval process and a more inclusive approach towards different credit histories.

What are the main requirements to qualify for a payday advance loan?

The requirements of payday advance loans depend on the lender. They may ask you for your bank statements, credit card bills and a few months’ pay advices.

While we don’t offer payday advance loans at Fundo, we do offer personal loans that are easy to apply for. The requirements are simple. To be eligible, you must:

  • be at least eighteen years old at the time of your application;
  • 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.

Swift and Simple Online Loans with Fundo

In a world where financial needs often arrive unexpectedly, Fundo stands out as a reliable online loan provider. We’ve simplified our application and decision process to provide fast, fuss-free loans from the comfort of your home.

Unlike traditional banks, our flexible approach accommodates even those with less-than-perfect credit scores, offering short-term and fast cash loans when needed the most. Transparency is our promise, ensuring no hidden charges or fees are involved in our services.

With Fundo, you’ll find no financial jargon or legal complexities, just easy and speedy financial solutions. Need quick online payday loans in Australia? Consider Fundo instead – your go-to, hassle-free lending partner.

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.