Fundo Loans

Fundo Loans

About this app

Looking for a simple way to apply for a loan online? The Fundo app lets eligible Australian residents apply for loans from $500 to $10,000.

With the Fundo app, you can apply from your phone, track your application, review your loan details and manage your loan online.

Why Choose Fundo?
Simple Online Application

- Apply online from your phone
- Loans from $500 to $10,000
- Returning customers may be able to reapply through the app

Clear Loan Details

- Review your loan details before accepting
- See your fees and repayment details upfront
- Repayment frequency options may be available

Manage Your Loan in the App

- Track your application progress
- View your repayment schedule
- Check your loan history
- Manage your loan details from your phone

Customer Support

- The Fundo team is available to assist with questions about your application or loan. Call us on 1800 161 391. Email us on [e-mail].

What You Can Do with the Fundo App

- Apply for a Fundo loan online
- Track your application progress
- View your loan details
- Manage your repayment schedule
- Check your loan history
- Reapply through the app

Fundo Loans is designed to make applying for and managing your loan simple, clear and easy to do online.

Products we offer:

Small Amount Credit Contracts ($500 to $2,000)

- Loan term: 4 weeks to 39 weeks
- Fees: 20% establishment fee, 4% monthly fee and $35 dishonour fee per failed repayment

Example: A $1,000 loan over 20 weeks has total fees of $400, made up of a $200 establishment fee and $200 in monthly fees. Total repayable is $1,400, with weekly repayments of $70.

Medium Amount Credit Contracts ($2,001 to $5,000)

- Loan term: 9 weeks to 39 weeks
- Fees: $400 establishment fee, interest at 47.8% p.a. and $35 dishonour fee per failed repayment
- Comparison rate: 66% p.a. based on $2,500 over 2 years with fortnightly repayments1

Example: A $2,500 loan over 6 months incurs a $400 establishment fee and $389 in interest. Total repayable is $3,289, approximately $253.09 per fortnight.

Loans from $5,000 to $10,000

- Loan term: 9 months to 24 months
- Fees: $200 establishment fee plus interest at 36.8% p.a. and $35 dishonour fee per failed repayment
- Comparison rate: 38.41% p.a. based on $10,000 over 3 years with monthly repayments2

Example: A $6,000 loan over 12 months incurs a $200 establishment fee and $1,250.28 in interest. Total repayable is $7,450.28, approximately $286.55 per fortnight.
Download now and apply in minutes.# If approved, funds may be available the same day.^

Privacy Policy
You can follow this link to learn how the Fundo app collects, uses, and shares your data: https://fundo.com.au/mobile-app-privacy-policy

Disclaimers

Credit provided by Fundo Loans Pty Ltd ABN 65 604 639 143 Australian credit licence 491418 to approved applicants. Terms, conditions, fees, charges and eligibility criteria apply. See fundo.com.au.

#Typical application time, may vary depending on your device, information on hand and typing speed.

^Transfer timing depends on your bank's NPP status and may vary on public holidays. Calculated from contract acceptance.

1 APR 47.8% p.a. Comparison rate 66% p.a. based on $2,500 over 2 years, fortnightly repayments.

2 APR 36.8% p.a. Comparison rate 38.41% p.a. based on $10,000 over 3 years, monthly repayments.

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.

Ratings and reviews

worst app... doesn't log in doesn't allow accou to creation. doesn't send code to email or phone. app is slow and doesn't work. thanks for a waste of time.

so easy to use, was quick and easy and the repayments are so easy to sort out and I'm loving it. I've gotten 2 loans now and I absolutely love it! the app is easy to use and keep track of your repayments and you even get a discount if you pay it out early. highly recommend!!!

Super impressed with how smooth the process is. No hidden fees and the dashboard makes it easy to track repayments. Plus, the Fundo Score is a cool way to see your progress and get better deals next time. 5 stars!