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What exactly is RentBond? Afterward you spend us right straight right back before the loan is compensated in complete.

What exactly is RentBond? Afterward you spend us right straight right back before the loan is compensated in complete.

RentBond is really a convenient solution to spend your leasing relationship, your fourteen days’ rent-in-advance along with other going costs, given by our partner Fair Go Finance.

If you are authorized for RentBond, we will spend your loan either straight to your representative, or even to your nominated banking account (yourself) so you can pay your agent or landlord.

Fast approval

Our online application procedure is completely safe and just takes a few minutes to perform.

Fast settlement

As soon as authorized, your relationship will likely be compensated in complete for a passing fancy or next working day (depending on whenever you use).

Versatile payment choices

We will align your repayments to match your income period.

RentBond – 21 days interest-free

While you wait for your bond refund, RentBond is interest free for the first 21 days if you just need a short-term loan. Therefore in the event that you get your relationship reimbursement and pay off your RentBond loan in complete in the first 21 times, you won’t spend any interest. Reduced fees and fees will connect with part-payments.

Example 1

We borrow $3,000 and repay it in strong time 21 – the loan is totally interest and fee-free.

Instance 2

We borrow $3,000 and repay $2,000 within 21 times – costs and costs are paid down proportionally to mirror the unpaid stability and the residual $1,000 continues on as a typical RentBond loan.

Instance 3

We borrow $3,000 and pay it back over half a year – the mortgage is addressed as being A rentbond that is standard loan. Interest, fees and fees use.

Whom qualifies for RentBond? As helpful tips, they are a number of the basic needs you will have to meet:

We will assess your RentBond application on a selection 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 surviving in Australia

Be used on a laid-back, part-time https://advancepaydayloan.net/payday-loans-nd/ or full-time foundation

Be earning over $500 each week

(Centrelink earnings cannot be your only source so that you’ll should also be working)

Never have announced bankruptcy within the last 12 months

Calculate your repayments

Perhaps perhaps Not certain simply how much to borrow? Make use of our RentBond that is handy calculator calculate your weekly repayments.

Just How RentBond works

Start your RentBond application right right here

We will direct one to Fair Go Finance, who’ll evaluate the application

When approved, accept your agreement online

Fair Go Finance will pay your loan straight into your nominated banking account so it is possible to spend your relationship to your representative.

That is it! Your instalments should be deducted until the loan happens to be repaid in complete

What exactly is a relationship loan?

A rental relationship loan is that loan which can be used to pay for your leasing relationship to your real estate professional or landlord and assist you to secure a rental home.

A relationship loan might help with cashflow throughout your move, permitting you to spend month-to-month instalments in the place of one lump sum that is large.

About RentBond

RentBond is really a bond loan that is rental. It really is an easy method for renters to pay for their leasing bond, two weeks’ lease ahead of time, and just about every other going costs, with an unsecured loan that is paid back as time passes.

RentBond is provided together with Fair Go Finance. You to Fair Go Finance who will take your application and support you through the life of the loan when you apply for RentBond, we’ll be referring.

A RentBond loan can are priced between $500 as much as $10,000.

Step one: begin the application at www. Rent.com.au/rentbond

Step two: you shall be expected to accomplish the application online with details including information on your earnings and costs.

Step three: If authorized for RentBond, you’re going to be 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 your bank that is nominated account. Then you’re able to make use of those funds to pay for your relationship, two weeks lease beforehand or every other costs that are moving.

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