Are Weekend Loans The Same As Payday Loans?
Same day funds up to $5,000
Same day funds up to $5,000
You need cash for the bills and other expenses by the end of the week. You’re not alone – many Aussies live from pay to pay, and it’s no fun. So you search for ‘weekend instant cash loans Australia’ or ‘payday loans’, but what if there was a better way?
Learn more about our different Fundo loans and how we can improve your financial wellness with our daily advice and tips.
Weekend cash loans work similarly to payday loans, providing a short-term, low-value loan option that can be released within a day – except that the loan is paid out on the weekend. Weekend cash loans and other loans related to ‘weekend instant cash loans Australia’ are ideal when you need money quickly outside regular banking or work days.
While we don’t offer payday loans online or options like ‘weekend instant cash loans Australia’ at Fundo, we provide short-term personal loans that are competitive with other weekend loan options. Thanks to our quick, online application process, you can receive your funds on the same day if you apply and get approval during business hours.
We understand that you need cash immediately if you’re looking for small payday loans or weekend cash loans online. We make our loan application process straightforward. All you need to do is declare the amount you wish to borrow and fill out a general information sheet, which means you need to qualify for a Fundo loan by:
If you can’t meet the general requirements, instead of searching for alternatives related to ‘weekend instant cash loans Australia’ or online fast loans, contact us and let’s see how we can help. We carefully review every application and don’t deny applications without proper reason.
Depending on the lender and the amount you wish to borrow, the size of the loan that you have to pay back will vary. In general, weekend loans are more expensive than regular loans, like low interest instant loans or personal loans from Fundo. It’s because ‘weekend instant cash loans Australia’ and other related options have higher-than-normal interest rates and other fees that allow for a weekend payout.
When you apply for a loan at Fundo, all the information about your loan, from the terms of repayment to the fees, is presented to you in easy-to-understand terms. We ensure that you understand everything associated with your Fundo loan and don’t blindside you with technical jargon or hidden fees.
Instead of looking for payday cash advances or ‘weekend instant cash loans Australia’, Fundo loans can help you quickly cover unexpected budget gaps. Fundo may have a small personal loan that meets your needs better. The benefits we offer go beyond our loan products, we include fun and interesting ways to teach good money habits.
With our self-service dashboard, we can offer quick approvals and make it easy for you to manage your loan and payments online. Additionally, you’ll also find details about your Fundo Credit Score there.
The Fundo Credit Score is based on your financial decisions with your Fundo loans. Your Fundo Credit Score will rise if you practise positive borrowing habits, such as making repayments on time or referring Fundo to family and friends. The higher your score, the more likely you are to get approved for your next Fundo loan.
A quick internet search for ‘weekend instant cash loans Australia’ or quick cash loans no credit check can be one way to find a weekend loan, though the results may be mixed. There’s no way to determine which loan option is best for you as it depends on your unique financial situation and needs.
While you could be tempted to seek out alternative loans if you don’t find weekend loans appealing, instead of taking a chance with other lenders, you can determine what kind of loan you want for your financial situation at Fundo – and we will help you get there too.
At Fundo, we care about your financial wellness, too. We offer helpful tips that you can find on your dashboard to ensure that your Fundo loan continues to help you and that you learn more about money.
Contact us any time to learn more about Fundo alternatives to weekend loans and get help figuring out which Fundo loans will work best for you. We are reachable by phone and email.
Instead of relying on options related to ‘weekend instant cash loans Australia,’ apply for a Fundo loan today!
Please note that unless otherwise indicated, the opinions expressed in this article are strictly for general information and entertainment only and should not be used as a recommendation or financial advice. Views expressed in any commentary may be changed without notice at any time.
Loan amount from $500 to $2,000
Minimum 5 weeks to maximum 6
months
20% establishment fee and a flat
4% monthly fee4
Loan amount from $2,001 to $5,000
Minimum 9 weeks 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 Comparison rate is based on an unsecured loan of $2,500 over a term of 2 years.
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.
Terms and conditions and fees and charges apply. 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.