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.

Emergency Loans

Applying for a loan can be a long and tedious process. It will require you to fill out an application, submit some documents, and wait patiently until someone gets back to you. However, when you’re trying to get an emergency loan, you don’t have time to wait for answers or jump through hoops, what you need are cash loans ASAP.

With Fundo, you can get the money you need quickly and easily to address your financial emergency. Our application is simple and completely online with fast processing.

Read on to learn more about emergency loans and see if it’s the right fit for you.

Is it good to borrow from online lenders in an emergency?

Borrowing from online lenders in an emergency can be a good option if you need access to quick loans and have no other sources available. There are a lot of online loans that offer more flexible terms and faster processes than traditional banks and credit unions.

However, before you take out any loans, it is important to read all loan documents carefully and understand exactly what you’re committing to before signing any contracts.

At Fundo, we offer emergency fast cash loans for all sorts of purposes, whether education loans, dental loans , personal loans, or even a home renovation loans

Can I get emergency cash loans funded on the same day?

Online lenders are often able to process loans quickly, meaning if you need money urgently, you can receive the funds you need within twenty-four hours or less. However, this depends on the lender and your particular financial situation. Some may require additional paperwork or verification processes, like credit checks, before approving emergency loans online.

Additionally, it is essential to consider the interest rates and fees associated with the loan, as these can add up quickly and significantly increase the cost of the loan. It is always a good idea to compare different lenders and their offers before making a decision.

When you take out a loan with Fundo, you get your funding as soon as possible – usually within the same day. Our entire process is conducted online, and our eligibility criteria aren’t as stringent as traditional providers of short term loans .

Our requirements are that you’re over 18 years of age and have a regular employment income, excluding government benefits. You must also show that you can make repayments on time and will not place a financial strain on yourself by taking out a loan. Fundo also makes it possible for people with low credit scores to borrow money with our bad credit loans . Simply click the ‘Apply Now’ button on our homepage, fill out the form with your information, and you’ll be considered for a loan in just a few minutes.

Our goal is to make applying as easy and simple as possible while providing fast funding. You can apply at any day and time as our online form is available 24/7 but keep in mind that applications are processed from Mondays to Saturdays.

Are emergency loans more expensive than the average loan?

The cost of urgent emergency loans can vary widely depending on the type of loan and the lender. Emergency online loans often have higher interest rates and shorter repayment terms, meaning that the total cost of the loan may be higher in the long run.

Additionally, some lenders may require more stringent criteria for last minute loans, such as a higher credit score or a larger down payment, while others may impose hidden fees. The key to choosing the right lender is to shop around and compare rates from different lenders to ensure you are getting the best deal available.

One of the best things about Fundo is that everything is upfront. We do our best to avoid any confusing legal talk, jargon, or anything that could make the application and loan process complicated. We also understand that everyone has different monetary situations, so we offer products like emergency loans to suit each of our client’s needs.

Our loans come with flexible repayment plans, typically with an upfront establishment fee that’s calculated on your principal and a monthly fee.

With your Fundo personalised account dashboard, you can manage your account easily. We make it easy to update your account, make or reschedule payments, and keep track of your loan information. You’ll never need to wonder about your loan balance, loan duration, or even your payment dates anymore.

We also have a dedicated customer service team who’s happy to help and answer any questions by phone or email during business hours.

Take out your emergency loans with Fundo

As long as you want fast and simple emergency loans, go to Fundo. We’re here to help tide you through tough financial times with our teeny, tiny loans. As long as you’re approved for a loan, there’s no more need for you to worry.

Come and join thousands of happy Australians who have trusted us enough to take out their loans with us.

Need money ASAP? Apply for funding with Fundo!

Disclaimer: The opinions expressed in this article are strictly for informational and entertainment purposes only, and should not be construed as financial advice. Any commentary views are subject to change without notice.