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Enforcement/asicCWLTH

Fundo Loans pays $19,800 infringement notice over ‘no credit check loans’ claim

26-224MR

infringement17 Sept 2026Penalty $20K

Respondent

Fundo Loans Pty Ltd

Facts

Fundo Loans Pty Ltd has paid a $19,800 infringement notice issued by ASIC over an allegedly misleading claim on its website that it offered ‘no credit check loans’ of up to $5,000.

Outcome

ASIC infringement notice of $19,800 paid — Fundo Loans Pty Ltd (paid 2026-09-17). See the ASIC source for the full terms.

Read the source

https://www.asic.gov.au/about-asic/news-centre/find-a-media-release/2026-releases/26-224mr-fundo-loans-pays-19-800-infringement-notice-over-no-credit-check-loans-claim

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