$500 - $5000
NO HIDDEN FEES
between $500 - $5000
up to 180 days
fee 4% monthly fee
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.
Needing money to cover an emergency expense can be stressful and nerve-wracking, which is why you might have searched ‘short term loan Australia’ for options. Applying for loan options from traditional lenders can seem time-consuming, especially with tedious processes and lengthy paperwork. When it comes to sudden cash gaps, we need an easy loan application process and streamlined procedures.
At Fundo, we provide quick, short term personal loans online that are available Australia-wide, so you don’t have to keep searching for ‘short term loan Australia’ online. Even better, filling out our application form takes only a few minutes, so qualified borrowers can get closer to the funding they need quickly.
Find out more about Fundo’s offers and how you can improve your financial wellness today.
Are short-term loans a good choice for business financing?
Short term loans can be an appealing option for the financing of small businesses, so business owners may have searched for ‘short term loan Australia’ when looking for funding. A short term loan can help you when you lack cash flow, and the repayment period is shorter than that of a traditional or long-term loan.
At Fundo, we understand that managing your finances can be complicated, more so if you’re a business owner. We offer fast personal loans that can be used for a variety of purposes, such as personal expenses or one-off purchases.
We make it easy for eligible borrowers to access the money they need in a responsible and efficient manner. To qualify for a Fundo loan, you must:
- be at least eighteen years old;
- be a permanent resident or citizen of Australia;
- earn at least $300 per week in regular income, excluding government benefits;
- demonstrate an ability to meet repayment deadlines; and
- ensure you won’t place undue financial pressure on yourself by borrowing from Fundo.
Our application process is straightforward, and if you submit a request during business hours, you may be able to receive a decision on the same day. As a responsible lender, Fundo checks your credit score when deciding whether or not to give you a loan, though it only plays a small role in our review. We consider other factors that impact your current financial situation, such as your ability to pay.
Instead of endlessly looking for ‘short term loan Australia’ or an ‘emergency loan Australia’ on the internet, get in touch with us to discuss how we might be able to help.
What is the ideal loan term length for easy repayment?
Whether you’re looking for ‘short term loan Australia’ or cash loans online, the ideal loan term length can vary depending on different factors, such as your financial situation and your ability to meet monthly payments. Moreover, you should consider the fees included in the loan, as this can also impact how much is added on top of your principal loan amount over time.
Determine the terms of a short term loan Australia has to offer based on your unique financial situation. Longer repayment periods may allow for smaller, more manageable repayments, while shorter repayment periods allow you to pay off the loan more quickly, avoiding further monthly account fees.
At Fundo, you can choose repayment terms of up to 180 days. Most borrowers opt for a duration of five to twenty weeks, and you can select from weekly, fortnightly, or monthly repayment schedules.
Our short term personal loans range from $500 up to $2,000, and we feature a quick online loan application process. Getting started is as simple as clicking the ‘Apply Now’ button on our website and declaring how much you need. Even better, returning borrowers can apply for a new loan with just three clicks.
If you’re unsure about what type of loan or loan terms would suit your situation, please don’t hesitate to contact us, and we’ll find a way to assist you.
Can I change my loan payment date if I need more time?
Depending on the lender, you can change the terms of your loan payment if something out of your control makes it hard for you to pay on time. Lenders will often require some kind of notice prior to actually changing your loan payment dates.
At Fundo, we understand that there can be unforeseen circumstances that affect your ability to make repayments. Inform us at least forty-eight hours before your repayment date, and we can discuss your options with you, such as changing your payment schedule.
Moreover, you can use our self-service dashboard to make or reschedule repayments and easily check your Fundo loan information, such as outstanding balances and repayment schedules. You will also receive notifications and reminders on your loan payment dates so that you can prepare for your repayments.
Even better, we don’t just tell you about your outstanding loans. Your self-service dashboard will give you access to tips and advice on how to improve your financial health. From your dashboard, you’ll also be able to check your Fundo Credit Score, which is based on our unique credit scoring system.
You can increase your score by paying early or on time, leaving feedback, referring friends to Fundo, or using Fundo as your primary lender. The higher your Fundo Credit Score, the higher your likelihood of being approved for future Fundo loans.
Whether you’re searching for quick short term loans or another short term loan Australia-wide option, look no further than Fundo.
If you ever have any questions like ‘What are payday loans?’ or ‘What are 24/7 instant loans for?’ feel free to contact us. We’re available via phone and email from Monday to Friday, 9.00 a.m. to 6.00 p.m., and Saturday, 9.00 a.m. to 5.00 p.m. We’ll be more than happy to help you figure things out!
If you need to borrow money today, try applying at Fundo for a teeny, tiny loan!
Disclaimer: The information contained in this article is not intended to provide financial advice. All information contained in this article is intended for informational and entertainment purposes only. We reserve the right to change the information or views in this article without prior notice.