$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.

Instead of Searching ‘Payday Now’, Consider Fundo!

In the hustle and bustle of modern Australia, who hasn’t experienced an urgent expense? You’ve been there, scanning your phone, typing ‘payday now’ or ‘payday loans’ and hoping for a solution. But amidst the sea of promises and jargon, what if there was a lender that truly understood your needs?

Instead of looking for payday loans, you can consider another alternative that genuinely cares about your financial well-being. Today, learn why you should look into Fundo for your personal loan needs.

The lowdown on payday loans

What they are

Payday advances, also known as easy payday loans, are an alternative for those looking up ‘payday now’ or ‘best payday loan companies’ to help cover unexpected expenses during a tight financial spot. Local payday lenders usually claim to provide the best payday loans, promising quick disbursement when a borrower needs it the most.

Providers of these direct deposit payday loans or emergency loans may help you feel like it’s payday now, but the catch is that your first instalment is typically due on your next payday, hence the name.

Sometimes, these lenders can collect repayments via salary deduction, or they could line up your due dates with your pay receipt or over a period of instalments for your convenience. Depending on the lender, these terms can vary.

Why people may need them

Sometimes, you may find yourself in a bind, leading you to look up ‘payday loans weekend’ or ‘quick payday loans now online’ in search of a solution. You could be looking to avoid overdue fees on certain bills, or you could be in need of some pantry essentials before the next payday rolls around. However, there are some things you should be aware of before you consider a payday advance.

Potential cons

Some lenders who claim to provide 24/7 payday loan services or instant loans may tempt potential borrowers with a loan contract that seems to have no downsides, but in many cases, these cons are hidden in the fine print. You may be burdened with strict repayment methods or, worse, hidden fees that you don’t realise until the proverbial ink on the agreement has dried.

Some other providers you might encounter when you look up ‘payday now’ may also need you to provide security for your loan, which may not be compatible with your situation. But are these really your only options? It may be time to consider a more compassionate alternative: a lender that keeps your best interests at heart.

The Fundo difference

Simple requirements

With some lenders, like traditional banks, you may have to fill out tons of paperwork or fulfil other requirements, which can delay the arrival of much-needed funds – that is, if the loan does get approved. Though we do not provide payday loans here at Fundo, it’s easy to get started on your personal loan application. In order to qualify, you must:

  • be eighteen years old or older;
  • be an Australian citizen or tax-paying resident;
  • earn at least $1,000 per fortnight (government benefits included);
  • prove your ability to meet repayment deadlines; and
  • ensure that borrowing from us doesn't place undue financial pressure on you.

Instead of losing sleep looking through search results for ‘fast payday loans’ or ‘payday now’, consider applying for a small or medium loan with us.

Quick processing

Have you ever waited on the proceeds from some same day loans or quick cash payday loans, only to find they weren’t so quick after all? With Fundo’s personal loans, you could avoid this issue.

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 – the funds are likely to land in your account on the same day.

Frequently Asked Questions (FAQ)

Can I apply for a payday loan online?

There are providers of payday loans that you can apply for online, but as discussed earlier, some may come with cons that make money management harder instead of easier. So, instead of borrowing money before payday, stressing over your payday loan eligibility, or compiling tons of requirements for your payday loan application, you can consider a Fundo personal loan.

While we don’t provide payday loans or solutions for ‘payday now’, our personal loans have an easy online application process and quick processing time, so if your loan is approved, you can get your funds ASAP.

Are there any restrictions on using the payday loan funds?

Some providers of payday loans may ask you for the specific reason you need funds, such as medical emergencies, utility bills, food and the like. If you’re interested in our personal loans at Fundo, you only need to provide a reason for needing funds during your application. However, we value your privacy and won’t monitor your spending while your loan is active.

Is there a credit check for a payday loan?

Credit checks depend on the lender you find when you look up ‘payday now’, though some lenders will typically charge hidden fees, require loan security, or stipulate strict repayment methods in the absence of a credit check.

Here at Fundo, we’re committed to responsibility in offering our personal loans Australia-wide. As part of that, we may conduct a credit check before approving an application. However, this constitutes only a small part of our decision-making process.

Fundo: your quick online loan expert in Australia

In today’s fast-paced world, unexpected financial needs can arise at any moment. At Fundo, we recognise these moments and are here to support you through them. We believe that when life throws you a curveball, you shouldn’t have to navigate a maze of paperwork or wait endlessly for a solution. That’s why we’ve streamlined the loan process to be swift and straightforward.

Our online loan application is designed for speed and simplicity. No more complicated forms or long-winded approval processes. With Fundo, you get answers quickly, ensuring you can address your financial needs without delay.

We pride ourselves on being upfront with our customers. With Fundo, there are no hidden fees or charges. Every aspect of our loan process is transparent, ensuring you know exactly what you’re getting into. So, if you’re ready for a loan journey that works with you and for you, choose Fundo today.

Disclaimer: Please note that we do not offer ‘payday now’. 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.