FUNDO
LOAN EXAMPLE
Borrow
between
$500 - $5000
Flexible
Payment
Terms
NO HIDDEN FEES
PAYOUT EARLY
FOR DISCOUNTS
Borrow
between $500 - $5000
Pay
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*
Example
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.
MEDIUM LOAN
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)*
Example
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.
Like you, many Australians may be struggling to find a way to get the financial boost they need. Traditional banks and lending institutions can be cumbersome and difficult to navigate, leaving you feeling frustrated and uncertain about your options. That’s where Fundo, a lending platform for online small loans, can help. You can finally end your online searches for small loans today.
Fundo offers fast small cash loans that are easily accessible and convenient to apply for online. There’s no need to take time off your busy schedule or commute to the bank when you can get the financial support you need from the comfort of your own home. Our simple application process and flexible repayment terms make it easy to get the funds you need to cover unexpected expenses or urgent purchases.
Before you apply for small loans today, it’s important to be informed about how they work and what you should consider. To help you make an informed decision, here are some common questions about fast small loans to consider.
What type of loan is best for urgent needs?
For urgent needs, online fast loans may be the best option. They can be used for a variety of purposes and may have more flexible repayment terms than traditional loans. This makes online loans ideally the easiest place to get a loan, as you can complete the application process from anywhere.
Fundo makes it easy to apply for a small loan from any location. Simply visit our website and click the ‘Apply Now’ button on the homepage. Our online form is available 24/7, so you can complete the easy personal loan application process at your convenience, and it only takes a few minutes of your time. Our team will quickly review your application and let you know the decision as soon as possible.
You can apply for fast loans online at Fundo anytime, but if you apply during our business hours and everything goes well with your application, you may receive the funds in your account within the same day. If you’re a returning Fundo borrower, you can easily apply for small loans today with just three clicks.
Can I get a small loan for medical emergencies?
If you’re looking for small loans today to cover a medical emergency, you’ll be relieved to know that you can get a small loan for medical purposes. However, it’s important to consider the terms of any loan before you apply so you can choose the most suitable option for your needs and financial situation. It can be helpful to choose a lender with flexible repayment terms to suit your needs.
At Fundo, we understand that life can be unpredictable and that sometimes you need extra financial support to get through unexpected challenges. That’s why we offer small loans for any purpose, including medical emergencies. Whether you’re facing a medical emergency, an unexpected car repair, or just need some extra cash for your holiday getaway, Fundo’s small easy loans are a great option.
When you take out small online loans with Fundo, you have the option to pay them back in up to 180 days. This means you can choose the repayment schedule that best fits your budget and lifestyle. In addition, Fundo gives you the option to pay off your loan in advance without any penalties, so you can also minimise your monthly fees.
Do loan companies lend out money for cosmetic surgeries?
Some people looking up ‘small loans today’ or ‘get cash now online’ need cash to cover a cosmetic surgery procedure they plan to get. It’s possible for loan companies to cash lend for cosmetic surgeries, although this may depend on the specific small loan lenders and the type of loan they offer. Whatever you may need a loan for, it’s important to know if you qualify to avoid delays and disappointments.
If you plan to get small loans today from Fundo, you’ll be happy to know that we only have minimal requirements:
- you must be 18 years old or over;
- you must earn a sufficient income of at least $300 per week (excluding government benefits);
- you must be an Australian citizen or permanent resident;
- you must demonstrate an ability to meet repayment deadlines;
- you must not take on undue financial stress by taking out a loan from Fundo.
For your loan process with Fundo to go smoothly and quickly, be sure to include the following information in your online application: your regular income, government benefits (if applicable), a valid photo ID, and bank account details. Providing this information can help us speed up the decision-making process so we can give you an outcome as quickly as possible.
The Fundo Credit Score
Fundo understands that you may not only need small loans today but also in the future. With that, we want to give you a better chance at loan approval with your future loan applications with us through the Fundo Credit Score. You can view tips for improving your Fundo Credit Score on your self-service dashboard, such as leaving reviews, referring us to friends, or limiting your loans with lenders.
Ready to get a loan today? Submit your application to Fundo now!
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 recommendations. Any commentary is subject to change without notice at any time.