Many Australians are searching for same day cash advances online. They may be trying to solve an immediate financial issue, such as a medical bill or car repair, or to cover an unexpected or emergency expense. We understand that people sometimes need a quick way to get funding without having to wait for days or weeks for a loan from a traditional bank or credit union, hence the popularity of searches for same day cash advances.

However, people looking for flexibility in their payments may not find what they’re looking for in cash advances. At Fundo, we provide an alternative option through our small, short-term loans with flexible repayment options, quick turnaround times, and no hidden charges. If you need to borrow money today, apply for a quick fast loan with us online. It only takes a few minutes to submit your application and be one step closer to getting the funds you need.

Are same day cash advances available throughout Australia?

The availability of same day cash advances throughout Australia can vary depending on the lender and the customer's individual circumstances. Some loans places and lenders may offer same day cash advances, but these may not provide you with a lot of wiggle room due to their very short and rigid repayment schedules.

Fundo offers short-term loans ranging from $500 to $2,000 with repayment terms of up to 180 days. Our operations are also entirely online, which means that wherever you are in Australia, whether you’re in Perth, Sydney, or New South Wales, you can apply with us from the comfort of your own home. We take great pride in the speed and efficiency of our online application and review processes.

Just click on the ‘Apply Now’ button on our website and follow the steps by filling in the information we need to review your application, such as:

• information about your regular income;
• details about any government benefits you may receive;
• valid ID (e.g. Australian driver's licence, proof of age card, passport); and
• your bank account details (bank, account name, BSB, and account number).

If you are looking for quick approval loans, applications for Fundo loans are processed Monday through Friday, 9 am to 6 pm, and Saturday, 9 am to 5 pm. If your application is submitted and approved during these hours, you will most likely have access to your funds within the same business day. If you submit your application on a Sunday or after business hours, we’ll get to it the following business day.

What factors affect my chances of getting a same day loan?

The chances of getting a loan can vary depending on a number of factors. Generally, most lenders will look at your credit score, income, and employment history when considering you for a loan. With many lenders, your credit score may have an especially large effect on the decision, as this is an indicator of whether or not you will be able to repay the loan.

At Fundo, we know that a less-than-stellar credit score isn’t always a sign of bad decision-making. It may not always be an accurate indication of your current financial situation, which is why we look beyond your credit score in determining your ability to make repayments on your loan.

To be eligible for a quick loan from Fundo, you must be: 

• at least eighteen years old at the time of application; 
• a citizen or tax-paying resident of Australia; 
• earning a regular income of at least $300 per week from a full- or part-time job (excluding government benefits);
• able to demonstrate an ability to meet repayment deadlines; and
• placing no undue financial pressure on yourself by borrowing from Fundo.

Are online loan lenders more lenient toward casual workers?

This depends largely on the lender in question and the type of loan being sought. Generally speaking, traditional lenders are more likely to require more stringent eligibility criteria for loan approval, such as having a steady income and a good credit history. People with full-time jobs are more likely to get accepted for a loan because they have a steady and reliable source of income. This makes them appear more financially responsible and lowers the risk of defaulting on the loan.

However, even if your work isn’t strictly full-time, you can still apply for a loan. A responsible lender will consider factors other than your employment status when deciding whether or not to provide you with a loan.

Rest assured that as part of our responsible lending standards, we at Fundo take the appropriate measures to assess your financial situation, whether you are a full-time, part-time, temporary, or seasonal employee. It’s not just your employment type that determines your approval status, but also your financial obligations, spending patterns, and loan repayment capacity.

When determining loan eligibility for approved borrowers, we also look at your Fundo Credit Score, which is different from the credit score you have with credit agencies like Equifax, illion, and Experian. This score is a reflection of your entire borrowing history with us. You can increase your score when you make on-time or early payments, leave a review, or refer a friend to us.

By taking advantage of our Fundo Credit Score feature, our borrowers can promote their financial wellness and receive much-needed assistance along the way. It allows you to track your progress and rewards good borrowing habits.

You can monitor your score, manage your account, and make and reschedule repayments through our interactive self-service dashboard. We also regularly send top tips on financial wellness topics like what to consider when it comes to ‘money lending apps Australia’ and quick cash loans reviews.

Instead of searching for ‘same day cash advances’ and ‘cash advance payday’, consider our quick short term loans here at Fundo. Apply for one today!

Disclaimer: This article is intended only for general information and entertainment purposes and is not intended as financial advice or recommendations. The views expressed in any commentary may change without notice at any time.