Access funds when you need them

If you’re facing a larger one-off expense, you may be considering a structured personal loan.

Fundo provides regulated credit products designed to support eligible customers with access to funds when unexpected costs arise. Our Personal Loan product covers amounts between $5,000 and $10,000, with repayments structured over a defined term.

Loans are subject to credit assessment, eligibility criteria, and approval.

How Fundo Personal Loans work

Fundo offers three types of regulated credit products:

• Small Amount Credit Contracts (SACC)
  $500 to $2,000
  For smaller, short term expenses
• Medium Amount Credit Contracts (MACC)
  $2,001 to $5,000
  For larger unexpected costs
• Personal Loans
  $5,000 to $10,000
  For higher value expenses with structured repayments

All loans are unsecured. You do not need to provide an asset such as a car or property as security.

When a Personal Loan may be suitable

A Personal Loan may be appropriate if:

• You are covering a one-off, unexpected expense
• You have a regular income and stable financial position
• You can meet repayments without substantial hardship

Examples may include:

• Medical or dental expenses
• Vehicle repairs or replacement costs
• Home repairs or improvements
• Other necessary personal expenses
• Repaying other debts or consolidating loans

What to consider before applying

Before applying for a loan, it is important to understand:

• The total amount you will need to repay
• Whether repayments fit comfortably within your budget
• Whether the expense is necessary and one-off
• Whether alternative options are available

Alternatives may include:

• Payment plans with service providers
• Using available savings
• Free financial counselling
• Community or government support

You can contact the National Debt Helpline on 1800 007 007 for free, independent assistance.

How the application process works

Applications are completed online.

Step 1: Choose your loan amount

Select how much you would like to borrow within the available range.

Step 2: Provide your details

You will be required to provide information about your income, expenses and financial commitments. This includes secure access to your bank statements for assessment.

Step 3: Assessment

We assess your application to determine whether the loan is suitable and affordable based on your circumstances.

Step 4: Accept your contract

If approved, you will receive a loan contract outlining all terms, fees and repayment details.

Step 5: Funds transfer

Once you accept your contract, funds are transferred to your nominated bank account as soon as reasonably possible.

Processing times vary depending on verification requirements and bank systems.

Eligibility requirements

To apply, you generally need to:

• Be at least 18 years old
• Have an active Australian bank account in your name
• Receive regular income of at least $1,000 per fortnight (government benefits may be included)
• Demonstrate the ability to meet repayments without substantial financial hardship
• Provide access to your bank statements for assessment

Each application is assessed individually.

Repayments

Repayments are set out in your loan contract and must be made as scheduled.

Depending on your circumstances, repayment frequency options may be available, such as weekly, fortnightly, or monthly. These options are determined at the time of application or contract and are not adjustable outside the agreed terms.

Managing your loan

Once your loan is active, you can access a self-service dashboard where you can:

• View your balance
• Check upcoming repayments
• Review loan details
• Update selected account information

If your circumstances change, you should contact Fundo as early as possible to discuss available options.

About Fundo

Fundo Loans Pty Ltd holds an Australian Credit Licence 491418.

We are required to assess all applications to ensure loans are suitable and do not place customers under substantial financial hardship.