- Amount: $300 - $2 000
- Term: 5 - 20 weeks
Fundo table of repayments
|$1 000||$400||$1 400||20 weeks|
A representative example
Loan Amount of $1,000 over 5 months repayable weekly (20 weekly repayments). $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 instalments of $70.00.
Fundo experience and discussion
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Is Fundo a scam?
No. The product is absolutely fine and no need to worry about anything hidden. The company Initium Investments Pty Ltd really provides these loans.