Getting an online loan as a low income earner can feel challenging or even impossible. At Fundo, you can quickly access a fast cash loan of up to $2000 which you are able to repay over a a period up to 180 days, even as a low income earner. We offer sameday funding and fast approval loans for low income earners.
How does a loan for low income earners work?
Like all of our loans, you need to be at least 18 years old and have a regular income from either a full-time or part job. If you also receive a pension or government benefits, we will still consider you for one of our easy loans for low income earners. To be eligible for one of our online loans for low income earners you must demonstrate income on top of any Centrelink payments or pension.
Fundo specialises in short term loans to help you when you need it—fast. We offer teeny tiny loans to help cover those unexpected expenses when you need cash quickly.
What if I’m a low income earner with bad credit?
A bad credit score will not prevent us from giving you a loan. As responsible lenders, we do consider your credit score, but if your credit score is bad we also look at other factors such as your capability to repay the loan, your spending habits, and financial commitments.
As part of our responsible lending practices, we are required to make reasonable enquiries about your financial situation. If everything checks out, we will grant you a loan —even if you have a bad credit score.
We pride ourselves on being an alternative lender that offers options to borrowers like low income earners who feel they might not be successful using traditional lenders. We have a streamlined approach for our same day loans with no paperwork and minimal hoops to jump through because we understand you need funds today. Our same day loans do what they say, in fact upon approval you can often have the funds in your account within 5 minutes. Seriously.
When would I need an online loan for low income earners?
Sometimes emergencies happens and financial emergencies are almost always unexpected. It could be a medical emergency, unexpected vet bill, or an urgent repair needed to your home or vehicle.
When you’re in a time crunch, a fast approval loan can help with your current financial situation. That’s where Fundo can help, offering fast approval for low income earners.
How much can I borrow from Fundo as a low income earner?
All Fundo loans start from $300 up to $2000 whether you’re a low income earner or otherwise. Our loans are specially designed to cover your short-term cashflow problems with a process that’s quick and easy for our customers.
Don’t let being a low income earner deter you. If you meet the application criteria and are in need, Fundo can help. In fact, you can have a chat to us online or via phone to see if you meet the threshold for borrowing for an online loan for low income earners today.
Why should I choose online loans for low income earners with Fundo?
We understand that everyone’s financial circumstances are different. For whatever reason, you’ve found yourself short of cash and need to cover some costs. We offer fast-turnaround loans and can transfer the money to your account within an hour of approval. We also offer quick small loans for bad credit, so even if you’ve been turned away elsewhere, we can often help.
What are the requirements for an easy loan for low income earners Loan with Fundo?
The minimum requirements for our instant cash loans online: 1) You must be 18 years of age 2) You should have an income of at least $500 a week 3) Your income should not rely on Centrelink or Pension only.
How can I contact Fundo if I have any questions about their online loan for low income earners?
Give us a call on 02 9066 9660 or send us an email to [email protected] and our friendly customer service team will be more than happy to help you with any questions you may have about online loans for low income earners and talk you through the process.
Do I have to wait long for a small loan for low income earners with Fundo?
Once you’ve got all of your information at hand, the entire application process takes around three minutes. We are also able to tell you whether you’ve been accepted almost immediately. Once approval has been confirmed, we can transfer your funds to you within about 5 minutes!.
Disclaimer:The opinions expressed in the Blog are for general informational and entertainment purposes only and are not intended to provide specific advice or recommendations for any individual or on any specific investment product. It is only intended to provide education about the financial industry. The views reflected in the commentary are subject to change at any time without notice.