Savvy Loans
Same day funds up to $5,000
We approved 285 loans in last 24 hours!
Same day funds up to $5,000
We approved 285 loans in last 24 hours!
Let’s say you’re looking to apply for quick, savvy loans: How would you go about that?
If you’ve asked yourself this question at least once this year, then rest assured that you’re not alone. In a single month, Australians took on an estimated $2.29 billion in personal loans. That’s a lot of dollars in credit – and there’s no shame in that.
We all need a financial boost from time to time, whether for a surprise expense like home repairs or backup funds for a holiday trip. Fundo more than understands that unexpected bills can come up, so we’ve taken steps to make our cash loan products much more accessible to borrowers compared to what traditional lenders like banks and credit facilities may offer.
There are some details you’ll need to know about first before diving into savvy loans and online loans. Here are a few.
While we can’t speak for Savvy loans, Fundo does consider your credit score when you apply for a loan – but not exactly in the way you think.
For starters, if you have bad credit, that doesn’t automatically mean you can’t get approved for a Fundo loan. Unlike other lenders that will cut you off from quick loans at the jump, we accept applications from borrowers with less-than-ideal credit scores or histories.
Our approval process is similar. Rather than the traditional approach of judging applications based on creditworthiness, our decision process considers your ability to repay equally with your credit.
This is also why we have the Fundo Score feature.
This feature is a unique score separate from your credit score that we assign to your account based on your credit habits with us.
The higher your Fundo Score is, the better your application’s chances of being approved the next time you apply for one with us. Conversely, if you keep missing your payments, your score will be negatively affected, as will your future loan applications with us.
You can improve your Fundo Score, including product reviews, peer referrals, and on-time payments.
Not all lenders are built the same. As before, we can’t speak for Savvy loans, but Fundo’s featured savvy loans are robust enough to compete.
A direct lender funds your loan directly, unlike loan brokers who facilitate the process between the borrower and the funding company. Many direct lenders also operate or offer emergency loans online, which makes them a favourite among borrowers for their accessibility and convenience.
On the other hand, many personal loan products from direct lenders are often either too expensive for a one-time expense, take quite a while to complete (personal loans could take up to seven years), or have steep interest rates.
While also being a direct online lender, Fundo follows the obligated amounts that lending laws in the country require we offer as part of responsible lending. This means that our fees are fair and within reason, and we do our best to offer you the best possible loan deals we can provide.
You can even track your payment schedules, and other pertinent information through our self-service dashboard. This dashboard shows your real-time updates for your account, as well as financial wellness advice that’s sure to help you improve your financial management where your Fundo loans are concerned.
If you’re curious about these features or have similar questions, feel free to ask us. Our customer service team is happy to answer your inquiries.
Why not apply with Fundo instead?
The good news is that applying for fast and savvy loans through Fundo is simple. Our entire application process is done online and can be finished in just minutes. Returning borrowers can even complete the process with just three clicks. It’s that easy. There are eligibility criteria that we’re obligated by lending laws to require, but they’re as straightforward as our application process.
For our requirements, you must:
Fundo accepts applications for savvy loans from pensioners with their pensions as supplementary income. Also, applicants who get government allowances or benefits should have a main source of income that is different from their allowances or benefits. These will greatly improve your application’s chances of being approved.
Applications submitted during business hours are also more likely to be processed within the same business day. Our business hours are from 8:00 am to 5:00 pm, Mondays through Fridays. Our loan consultants keep the same hours, so if you need guidance on your Fundo loans, just ring us, and we’ll be more than happy to walk you through the matter.
Loans can be a great lifestyle tool if you use them well. Fundo offers a wide range of loan products, such as a home renovation loan or a travel loan, that are just right for one’s needs.
Apply for a Fundo loan today!
Please note that this article contains opinions solely for informational and entertainment purposes. This article does not provide investment advice and should not be taken as such. Views and information expressed are subject to change without notice.
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and Secure. 5 min
application²
Kim S.
Ellie P.
Robert D.
Safe
and Secure. 5 min
application²
Safe
and Secure. 5 min
application²
4 Fees are based on loan amount funded.
5 Comparison rate is based on an unsecured loan of $2,500 over a term of 6 months with a fortnightly repayment frequency.
WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
6 The example assumes timely repayment as per the loan agreement, or additional fees and charges may apply.
Safe
and Secure. 5 min
application²*Terms and conditions, fees and charges apply. Max loan amount of $5,000 includes fees and charges. Approval and loan amount are subject to our credit assessment criteria.
¹As soon as you sign your contract, we instantly send the funds to your nominated bank account. If your bank works with the New Payments Platform (NPP), most customers see funds in their account within 60 seconds. If your bank is not NPP enabled, or its a public holiday, the funds are usually received by the next business day
²Applying for a loan with Fundo usually takes about 5 minutes. However, this time can change based on a few things, such as your typing speed, the device you're using, and whether you have all the necessary information ready to go.
³As the approval process is influenced by various external factors, we can't guarantee that you'll receive a decision on the same day. However, most of our customers do receive a same-day response to their application with Fundo, if they submit their loan application and all the requested supporting information by 4pm Sydney time during a regular business day.
Fundo is an Australian direct lender that offers short-term, small loans without any legal jargon or red tape. Our online loans are designed to provide access to a broad range of qualified applicants, including those with less-than-perfect credit.
Finding small loans with flexible repayment terms is now a reality with Fundo - no need to keep searching for 'Debt Consolidation Loans Bad Credit', 'Personal Loan With Fast Approval', or '24 Hours Cash Loans'. Applying for Fundo loans in the future gets more engaging when you pay off your loans in advance penalty-free while also increasing your chances for approval.
Fundo believes that eligible applicants should be able to get closer to the loans they need. If you've been looking for small cash loans through search terms like 'Instant Approval Loans Need Cash Today', 'Payday Loans No Credit Check', or 'Savvy Loans', then you can stop looking now - let us show you how easy it is to apply for a loan with Fundo.
We typically respond within 2 min or sooner.
I want to borrow ($500 - $5000*)
