What Type Of Loan Should I Get If I Need Cash Today?

Life can come with unexpected surprises, and these can include expenses. If you’re in need of quick instant loans, you may be unsure of where to turn.

Finding a decent lender that you can trust and who offers small, flexible loans can be a challenge. A lot of mainstream lenders take days to weeks to get back to you on your inquiries, which can sometimes feel like a lifetime when you need money as soon as possible.

Whether it’s for a home renovation, emergency bills, or even an impromptu vacation, you need the funds right away – and this is where Fundo comes in.

We’ve made our small loans accessible to a wider demographic of borrowers who need a financial boost. Fundo understands that individual living situations are complex, and a one-size-fits-all approach to loaning isn’t going to work for everyone. We believe that everyone deserves a fair chance. 

That being said, there are some things you’ll want to know about before applying for a loan with us. Let’s talk about it.

What type of loan should I get if I need cash today?

Generally speaking, if you’re looking for quick instant loans, you’re looking for small short-term loans. These are also known as personal loans and can cover a wide array of subtypes, like immediate cash loans or small payday loans.

Personal loans cater to the individual needs of a borrower. For example, a loan for buying new computer peripherals will fall under a personal loan. They can be further divided into two categories: secured loans, which require collateral, and unsecured loans, which do not. These are often online loans processed within the same day by lenders like Fundo.

A Fundo small short-term loan is an unsecured personal loan with reasonable amounts ranging from $500 to $2,000 available. There’s also a flexible repayment schedule of anywhere from 5-20 weeks, or a maximum of 180 days, so you can plan your repayments ahead of time.

You can view all of this information on your quick instant loans through the Fundo self-service dashboard, our central hub for everything related to your loan account with us. Through it, you can review your online loan documents, repayment schedule, and history, and also receive tips on financial wellness that will help you manage your loan better.

This service is entirely free, so we suggest you take advantage of it when you apply for a loan.

Can students also apply for an easy loan online?

At Fundo, students have a fair chance of applying for loans today online with us. Our eligibility requirements for our quick instant loans are designed to include people from all walks of life, and students are no exception.

To wit, we have a minimal list of criteria that we look for in the applications that we receive. They are the following:

• You must be at least eighteen years old to apply.
• You must be a tax-paying Australian citizen or permanent resident.
• You must be earning a weekly income of at least $500 per week (excluding any government benefits).
• You must have a demonstrable plan for completing your Fundo loan.
• You won’t be placed under undue financial pressure by committing to a Fundo loan.

Meeting all of these requirements does not guarantee cash loan approval. However, they do improve your application’s chances of being positively reviewed. Similarly, if you rely solely on government benefits for your finances, we may ask you to apply at a later time, such as when you have a separate income source that meets the requirements. As a responsible lender, Fundo adheres to both federal and state laws and exercises discretion when putting an individual's finances under further stress.

If you have any questions about our application requirements for a quick small loan, reach out to our customer service team during business hours, Mondays through Fridays from 9.00 am to 6.00 pm, and Saturdays from 9.00 am to 5.00 pm. We’d be more than happy to hear from you.

Where is the best place to borrow money for emergencies?

At Fundo, we offer quick instant loans, with loans paid in minutes possible for eligible applications. Not only that, our application process is entirely online, which means you can apply at any time of the day or night from any device of your choosing.

While we do accept applications at all hours of the day, it’s best to submit your applications during our business hours, as our loan consultants look over applications independently. Not to worry, however – if you send your application near the end of the business day, we will get to it first thing the following business day.

If you’re curious about your application’s chances of approval, why not give the Fundo Credit Score a try?

The Fundo Credit Score is a scoring feature we offer our borrowers to make their experience with quick instant loans more interactive and engaging. The Fundo score is different from your credit score provided by credit reporting agencies like Experian and Equifax; Fundo’s own score is unique to your account, and you have full control and access over how it increases or decreases.

To increase your Fundo Credit Score, you can recommend or refer Fundo to friends or family. You could also leave us reviews about your experience with our loans. You especially improve your Fundo score when you pay on time or earlier or close your fast loan ahead of schedule.

The better your Fundo score, the better your future application’s chances of getting approved.

Fundo aims to make quick instant loans more fun, and these are just some of the ways that we do so. Make us your new home for instant loans online – apply for a small Fundo loan today!

The opinions expressed in this featured article are only for entertainment or information purposes and should not be taken as professional financial advice or recommendations. Any and all commentary views or opinions are subject to change at any time without prior notice.