What Do I Need To Qualify For A Short Term Payday Loan?
Same day funds up to $5,000
Same day funds up to $5,000
Perhaps you’ve been looking for short term payday loans as you’ve incurred surprise expenses in the past few days. Not a problem; you’d be delighted to know that there are quite a number of cash advance options available through traditional or online means. With some research, you’d even see heaps of alternatives for new payday loans – it all just boils down to their compatibility with your situation.
However, if you want to skip the long and arduous decision-making process, then you can familiarise yourself with the fast, short term loans we have at Fundo. We have a dedicated team of experts, and they’re always there to take into account your unique requirements. What’s more, when you’re ready to get started, our intuitive online platform allows you to contact us with the utmost ease.
Join us today to avoid visiting physical lending institutions or searching through the different short term payday loans Australia offers online. With what we have to offer, not only will you enjoy a convenient service like no other, but you’ll also get to experience one-of-a-kind advantages you’d be hard-pressed to find anywhere else. Consider our loans today and see how Fundo can potentially help you pay off unexpected bills!
When it comes to short term payday loans, the qualifications will differ from lender to lender. With this, you might be tempted to search online for ‘payday loans no credit check’ options, but the truth is that opting for responsible lending would be a better idea, as the screening processes associated with these offers would show you if you can realistically handle an instant short term loan.
With us at Fundo, you can rest assured that we’ll only give you what you can comfortably manage. As such, to qualify for our short term cash loans, which have a repayment period of up to 180 days, you would have to be someone who is:
If you meet all of these requirements, then you can compare our offers for short term payday loans and then proceed to our streamlined application process. Here, you'll see that we look at more than just your credit score. As a matter of fact, this rating plays a small part in our review as we look at a wide range of factors, like your financial capacity to meet repayments.
Join us today at Fundo for a comprehensive and fair decision, along with a response within twenty-four hours!
Unfortunately, it can be difficult to extend or move repayments for short term payday loans, regardless of whether you’ve chosen a traditional or online lender.
Australian payday loans are designed to be repaid within a certain period of time, and as the loan name suggests, you’d typically make a repayment deposit right when you get your next salary from your employer. Ultimately, quick payday loans are there to help you with sudden expenses and must be paid off as soon as possible.
However, we at Fundo can provide you with a great alternative to a payday advance app or service. Rest assured that you can get a reasonable repayment term duration of up to 180 days and a useful self-service dashboard should you get approved for any of our quick short term loans.
With this asset at your disposal, you can easily make payments and even reschedule them based on the agreed-upon terms and conditions. So, submit your application today and get a chance to receive unsecured funds for your emergency expenses.
There are some money lending institutions that allow you to apply for more short term payday loans even if you haven’t paid off the first one, but at Fundo, we focus on responsible lending and providing qualified individuals with a sufficient cash loan that matches their specific lifestyle.
Instead of feeling overwhelmed with multiple payday advances, you can make a loan request, see if you get approved, and then leverage our Fundo Credit Score system should we deem you eligible for our service.
This way, you can earn points through positive lending behaviour, such as making repayments on time, making repayments in advance, or even referring Fundo to friends, which can give you a better chance of getting future loans after you make a complete repayment. In addition to this, repeat Fundo clients can also enjoy applying for a new loan in just three simple clicks.
What’s not to love about our alternatives to short term payday loans? Become part of our community today and be one of the many satisfied Fundo borrowers.
Need a teeny, tiny loan? Apply now!
Disclaimer: The details and information on this page should be referenced for informational as well as entertainment purposes only (unless expressly stated otherwise). The commentary you find here can also be updated at any time and should not be seen as professional financial advice or suggestions. For such a service, we encourage you to reach out to experts who are well-versed in fund management.
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Loan amount from $500 to $2000
Minimum 91+ days to maximum 6
months
20% establishment fee and a flat
4% monthly fee4
Loan amount from $2001 to $5000
Minimum 91+ days to maximum 2 years
$400 establishment fee, interest at
47.80% p.a. (comparison rate 66.58% p.a.)5
4 Fees are based on loan principal advanced.
5 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.
6 The example assumes timely repayment as per the loan agreement, or additional fees and charges may apply.
¹As soon as you sign your contract and if all other requirements have been met, 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 it is a weekend or a public holiday, the funds are usually received by the next business day. Fundo cannot guarantee that loan funds will be received within 60 seconds
²Applying for a loan with Fundo usually takes about 3 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.
We typically respond within 2 min or sooner.