Ready. Set. Loan.
Same day funds up to $5,000
Same day funds up to $5,000
In Australia, people are increasingly turning to online quick approval loans for a variety of reasons, such as to cover unexpected expenses or to bridge a financial gap.
Quick approval loans can offer an immediate solution to financial difficulties and provide the money needed to cover important bills and expenses in an efficient and timely manner. They can also help individuals consolidate their debts and spread them out over a longer period of time, making it easier to manage their finances.
At Fundo, we help people get closer to much-needed funding quickly without having to go through a lengthy or complicated application process. If you want to resolve an urgent financial issue, we offer small, short-term loans with flexible repayment options and no hidden fees.
The criteria for approving loans can vary from lender to lender, but there are some common factors that can make some loans easier to get approved for than others. Firstly, the amount of money being borrowed, as well as the length of the loan, will be taken into account. Generally, smaller loan amounts and shorter repayment terms are seen as less risky and, therefore, more likely to be approved quickly compared to long-term loans.
The borrower’s individual circumstances also play a role in whether or not a loan will be approved. It is common for lenders to place a great deal of emphasis on the borrower’s credit history and credit score to determine if they are able to meet the repayments on the loan. They may also take into account any assets or investments that you have, such as property or shares, as these can serve as collateral for a secured loan.
At Fundo, we specialise in offering small, short-term loans to both people with good and less-than-good credit who are searching for ‘quick approval loans’ and ‘online quick cash loans’. We understand that a less-than-stellar credit score isn’t always your fault and may not accurately reflect your financial situation. This is why we look beyond your credit history in determining your ability to pay back your loan.
As discussed, most lenders will evaluate a borrower’s ability to repay the loan based on their income, credit history, and other factors. Low-income earners interested in ‘quick approval loans’ may have difficulty obtaining one from traditional banks. However, there are still alternatives available.
To be eligible for our quick short term loans at Fundo, you only need to make a minimum of $300 per week in regular income, excluding government benefits.
You have to be an Australian citizen or tax-paying resident who is at least eighteen years old at the time of your application. It is also important that you can demonstrate your ability to meet repayment deadlines. Finally, borrowing from Fundo should not place undue financial pressure on you.
If you meet the requirements above, apply for a quick loan with us today. You can finally end your search for ‘quick approval loans’. All you have to do is click on the ‘Apply Now’ button on our homepage and follow the steps by filling in the necessary information.
We process our loans during business hours, which are Monday to Friday, 9 a.m. to 6 p.m., and Saturday, 9 a.m. to 5 p.m. If you have been typing ‘247 loans’ or ‘cash loans 24 7’ into the search bar because of your busy schedule, you can still apply after hours or on Sundays and get your loan processed on the next business day.
With traditional lenders, you may find yourself bogged down in paperwork or dealing with a lot of red tape. But Fundo makes it easy for people looking for ‘quick approval loans’ to get closer to the loan that they need without any hassle. Everything is done completely online, so there’s no need to make trips or stand in line at a bank. You can apply from the comfort of your own home on any device, even your phone.
As a company, we pride ourselves on our ability to review applications and process them in a timely manner online. If you want to complete our application form quickly, you can prepare the following information ahead of time:
If you’ve previously settled one of our loans, getting another one can be much easier and faster. Returning customers can apply for a new loan with just three clicks. If you are in need of financing, Fundo provides qualified Australians with short-term loans for their various expenses.
To encourage responsible borrowing habits within our customer base, we’ve established our very own unique Fundo Credit Scoring system. You can get rewarded with points every time you repay your loan early or on time, leave a review, or refer a friend to us. The likelihood of having your next Fundo loan application accepted increases as your score does.
We give you access to your self-service dashboard, where you can check your score and make or adjust the schedule of your repayments. Moreover, we publish blog articles about financial wellness, so you can learn about the best practices regarding ‘same day cash advances’, ‘before pay loans’, and ‘payday money loans’.
No more stressful nights searching for ‘quick approval loans’. Just apply for a teeny, tiny loan with us at Fundo!
Disclaimer: It should be noted that the opinions expressed in this article are strictly for general informational and entertainment purposes only and should not be construed as financial advice or recommendations. Commentary views are subject to change at any time without notice.
Increase your Fundo Credit Score to boost your chance of getting approved on your next loan.
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.