$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.

Unexpected expenses can be a burden, especially when you don’t have the funds to cover them. A traditional loan could be a solution, but their application processes tend to be long, complicated, and often require a lot of paperwork, so you might not get the money in time to cover your expenses. On the other hand, alternative lenders who offer options like same day instant loans may have stricter terms or higher fees that may be harder to meet in the long run.

At Fundo, we offer short-term loans ranging from $500 to $2,000 with flexible repayment options of up to 180 days. Even better, our easy application process takes minutes, and our quick decision-making process means you could have your funds within the same day.

Get closer to the money you need without the hassle of traditional loans!

What is the best way to find cheap loans online?

Finding cheap loans online by searching terms like ‘easy loans same day’, ‘same day instant loans’, ‘free loans same day approval’, or even ‘instant approval same day loans’ can be a tiring task. There are many different lenders and loan products available out there, so it’s important to do your research before applying for a loan. The best way to find affordable loans online is to start by comparing different lenders and loan products. 

Make sure to look into any associated fees or charges each lender has for same day instant loans, as well as the repayment terms and conditions, to determine if it’s a suitable deal for you or not. It’s also important to read the fine print of any loan agreement you’re considering to make sure you understand the terms and conditions of the loan and won’t be surprised by any hidden fees or penalties.

At Fundo, we believe that everyone should have access to financial assistance when they need it without having to navigate through complex legal jargon or confusing language. As such, we ensure our loan terms are clear and transparent for every approved borrower. 

Additionally, you can manage your loan with ease using your personalised dashboard on Fundo. View and update account information, schedule repayments, track loan details such as balance, duration, and payment dates, earn points, and check your credit score all in one place. Fundo makes it simple for you to access and manage your online loan anytime.

Do I need collateral for same day loans?

Generally speaking, same day instant loans do not require collateral. This is because these types of loans are usually unsecured personal loans, meaning the lender will typically base their approval on your credit score and debt-to-income ratio. In cases where a borrower's credit score is less than stellar, a lender may add higher fees as a precaution.

At Fundo, we understand that financial situations are complex, and credit scores don't always tell the whole story. We take into account other factors aside from your credit score and have minimal requirements for borrowers to meet. To be eligible for our quick loans at Fundo, you must:

  • be at least eighteen years old at the time of your application;
  • be a citizen or tax-paying resident of Australia;
  • earn at least $300/week in regular income, excluding government benefits;
  • demonstrate an ability to meet repayment deadlines; and
  • not place undue financial pressure on yourself by borrowing from Fundo.

Getting a loan with Fundo is simple and easy. To start the process, simply go to our website and click on the ‘Apply Now’ button on the homepage. You will then be prompted to fill out an application form with your personal and financial information. 

After submitting the form, our team will review your application and determine if you are qualified for a loan. If you are approved, we will send you an agreement to sign, and once it is returned, the funds will be transferred to your account as quickly as possible. The whole process is designed to be fast and hassle-free, so you can get closer to the cash you need without any complications.

If your loan application is submitted and accepted during our business hours, you will likely receive the funds on the same day. However, please keep in mind that the processing times of each bank may vary, so the funds may not be available in your account until the next business day.

Do loan lenders do credit checks for same day loans?

The process of credit checks for same day instant loans can vary depending on the lender. Some loans places may conduct credit checks as part of their loan approval process for cash loans online, while others may not. Some may also have alternative methods to assess an applicant's creditworthiness, relying on other information such as income, employment, or banking history.

With Fundo, we take various factors into account when assessing an applicant's creditworthiness rather than just relying on their credit score alone, which can be more flexible and inclusive for borrowers who may not have a good credit score.

At Fundo, we believe in looking beyond traditional credit scores to assess one's capability to borrow a loan, and one of the tools we use is our own credit scoring system, the Fundo Credit Score. If you’re approved for a loan with us, you get access to this system that rewards you for good borrowing behaviour like paying your quick personal loan early or on time, for sharing feedback, and referring friends to Fundo. 

The higher your Fundo Credit Score, the better your chances of being approved for money loans quick. Additionally, we offer special discounts and benefits for those with improved scores, giving you more incentives to maintain a good credit score with us.

Get flexible loans for your unique needs with Fundo

Fundo is here to help when life throws unexpected expenses your way, as we understand that same day instant loans are not always the right option for everyone. Our online loan application process is quick and easy, with no complicated forms or long wait times for approval. 

If you need quick short term loans, we've got you covered with our Australia loans online.  You can apply for the funds you need fast, with the chance of getting same-day approval, all from the comfort of your own home. 

No need to go looking for same day instant loans anymore – apply instead for a loan with Fundo today!

Disclaimer: Unless otherwise specified, the opinions expressed in this article are strictly for general informational and entertainment purposes only and should not be taken as financial advice or recommendation. Any commentary views are subject to change without notice at any time.