$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.

Need cash fast? Are you beginning to consider taking out a quick payday loan to cover your needs?

While quick payday loans do seem like a good idea when you’re strapped for cash, they aren’t exactly the best way to go. With hidden fees and insanely short repayment periods, you’d do much better with a short-term loan from Fundo.

At Fundo, we offer fast and easy loans to help you get the financial support you need. Our application process is simple and convenient, and we offer instant quick loans so you can get the money you need right away.

Are there interest-free payday loans available online?

Yes, there are interest-free online payday loans available. They allow borrowers to access funds quickly without having to pay any interest. A quick payday loan is usually a short-term loan that is meant to help people pay for unexpected costs or bridge the gap between paychecks. The problem is that these loans have strict requirements, so they are not typically accessible to everyone.

When it comes to finding payday loans online, it is important to do your research. Many lenders offer quick loans, but the terms and conditions can vary from lender to lender. Make sure you read all of the fine print before committing to a loan, and be sure that you are comfortable with the repayment terms. 

Additionally, some lenders may require additional fees or have other restrictions in place, such as a required minimum repayment period.

At Fundo, we offer short-term loans ranging from $500 to $2000 without any hidden fees. Plus, you can pay it off early without any penalties, and the requirements are minimal. To be eligible for a loan with Fundo, all borrowers must:

  • be over 18 years old;
  • be an Australian citizen or permanent resident;
  • earn at least $300 per week in regular income, excluding government benefits;
  • demonstrate an ability to meet repayment deadlines; and
  • not place yourself under undue financial strain by borrowing from Fundo.

If you meet our eligibility criteria, you can apply for a last minute loan by hopping onto our website and clicking the ‘Apply Now’ button. If you qualify for a loan with us, we’ll send you a loan agreement as soon as possible and send the funds straight to your account, often on the same day.

What is the best way to find low-interest payday loans?

The best way to find the quickest payday loan is to shop around and compare different lenders. Start by researching online to get an idea of what is available and what the typical interest rate and fees are for each lender. Once you have a good understanding of the options for your quick payday loan, you can contact each lender directly to get more detailed information. 

Be sure to ask questions and make sure you understand all the terms and conditions of the fast payday loan before signing anything. You should also check to see if the lender has an Australian credit licence and a good reputation.

Like at Fundo, we are a licenced lender, and we even have our licence number up on our website for transparency. You see, one of the most important things you should look for in a lender is that they have upright and honest practices.

In line with this, we also pride ourselves on being a lender that provides fast small loans complemented by jargon-free communication.

One thing that truly sets Fundo apart from most lenders is that we don’t base our approvals on one’s credit score. While we still run credit checks as part of our commitment to being responsible lenders, it’s only a minor factor in our assessments. We focus more on an individual’s capacity to repay their loans.

We also have a Fundo Credit Score system in place where, if you pay your online loan early or on time, share feedback, or refer friends to Fundo, you will earn a higher Fundo Credit Score. This score increases your chances of being approved for fast loans, and steering away from a quick payday loan is easier. Additionally, you may also earn special discounts and benefits.

What are some low-interest alternatives to payday loans?

Payday loans are a form of short-term loan with hidden fees and strict repayment periods. While they may be the right option in certain circumstances, there are other alternatives to consider other than a quick payday loan.

For example, at Fundo, we offer quick loans online wherein you’ll typically only have to pay back the loan principal, a one-time establishment fee, and monthly fees. Paying your Fundo loan off early allows you to avoid paying monthly fees, and it also boosts your Fundo Credit Score.

With your self-service account dashboard, you can easily manage and track your online loan with Fundo. From viewing and updating your account information to making and rescheduling repayments, you can take charge of your financial situation and stay on top of your loan balance, duration, payment dates, and more. 

You can also earn points and check your Fundo credit score to see how you’re doing, which isn’t common with quick payday loan lenders.

Take out a hassle-free loan with Fundo today

At Fundo, we offer fast online loans to help you when you need cash quickly. Our application and approval process is simple and convenient, and we offer same-day loans so you can get the money you need right away instead of browsing the internet for a quick payday loan.

So no matter where you are in Australia, we are here to help you get the financial support you need. If you have any questions about our loans today online, our team is here to help. You can contact us by phone, email, or chat, and we’ll be happy to assist you. 

Get a loan today with Fundo today!

Disclaimer:  The information provided in this article is for general informational and entertainment purposes only and should not be taken as financial advice or recommendation. It’s always a good idea to do your own research and consult with a financial professional before making any financial decisions. The views and opinions expressed in this article may change at any time.