RentBond is just a convenient method to pay your leasing relationship, your fourteen days’ rent-in-advance as well online payday loans Ohio as other going costs, supplied by our partner Fair Go Finance.
If you are authorized for RentBond, we are going to spend your loan either straight to your representative, or even to your nominated banking account (yourself) so you can pay your agent or landlord.
Our application that is online process entirely protected and just takes a few momemts to perform.
As soon as authorized, your relationship is supposed to be compensated in complete for a passing fancy or next working day (dependent on whenever you use).
Flexible payment choices
We will align your repayments to match your income period.
RentBond – 21 days interest-free
In the event that you simply require a short-term loan while you watch for your relationship reimbursement, RentBond is interest free when it comes to first 21 times. Therefore in the event that you get your bond reimbursement and pay off your RentBond loan in complete inside the first 21 days, you won’t spend any interest. Reduced fees and fees will connect with part-payments.
I borrow $3,000 and repay it in strong time 21 – the loan is completely interest and fee-free.
We borrow $3,000 and repay $2,000 within 21 days – charges and costs are paid down proportionally to mirror the unpaid stability and the residual $1,000 continues on as a typical RentBond loan.
We borrow $3,000 and repay it over half a year – the mortgage is addressed being A rentbond that is standard loan. Interest, fees and fees apply.
Whom qualifies for RentBond? These are some of the basic requirements you’ll need to meet as a guide
We will assess your RentBond application on a variety of facets, as well as your earnings, your ability to settle the mortgage, along with your credit that is past history.
Be 18 years old or older and located in Australia
Be employed on a laid-back, part-time or full-time basis
Be earning over $500 each week
(Centrelink earnings cannot be your only source which means you’ll must also be working)
Have never announced bankruptcy within the last few year
Calculate your repayments
Perhaps maybe Not certain simply how much to borrow? Utilize our handy RentBond calculator to calculate your regular repayments.
Exactly exactly just How RentBond works
Begin your RentBond application right here
We are going to direct you to definitely Fair Go Finance, that will evaluate the application
When approved, accept your agreement online
Fair Go Finance will probably pay your loan straight into your bank that is nominated account you are able to spend your relationship to your representative.
That is it! Your instalments are going to be deducted before the loan was paid back in complete
What exactly is a relationship loan?
A leasing bond loan is that loan that may be used to cover your leasing relationship to your real estate professional or landlord and allow you to secure a property that is rental.
A relationship loan can deal with income throughout your move, permitting you to spend month-to-month instalments rather than one big swelling amount.
RentBond is really a bond loan that is rental. It’s a method for renters to cover their leasing relationship, two weeks’ lease beforehand, and just about every other going costs, via a personal bank loan that is paid back in the long run.
RentBond is supplied together with Fair Go Finance. Once you submit an application for RentBond, we are going to be referring you to definitely Fair Go Finance who can just take your application and give you support through living associated with the loan.
A RentBond loan can cover anything from $500 as much as $10,000.
Step one: begin the job at www. Rent.com.au/rentbond
Step two: you shall be expected to perform the application online with details including information on your earnings and expenses.
Step three: If authorized for RentBond, you will end up served with your loan contract on the web. Once you’ve accepted the contract, your loan profits is supposed to be compensated to your representative or even to your bank that is nominated account. Then you can utilize those funds to pay for your bond, two weeks lease beforehand or other costs that are moving.