RentBond is really a way that is convenient spend your leasing relationship, your fourteen days’ rent-in-advance along with 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. You then spend us right right back before the loan is compensated in complete.

Fast approval

Our online application process is totally protected and just takes a few momemts to accomplish.

Fast settlement

When authorized, your relationship may be compensated in complete on a single or business that is next (based on whenever you use).

Versatile 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 for the first 21 times. Therefore you won’t pay any interest if you receive your bond refund and pay back your RentBond loan in full within the first 21 days. Reduced fees and costs will connect with part-payments.

Example 1

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

Instance 2

We borrow $3,000 and repay $2,000 within 21 days – 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 repay it over half a year – The loan is addressed as a standard rentbond loan. Interest, fees and fees use.

Whom qualifies for RentBond?

We are going to assess your RentBond application on a variety of facets, as well as your earnings, your capability to settle the mortgage, along with your credit that is past history. As helpful tips, they are a number of the fundamental needs you’ll want to satisfy:

Be 18 years old or older and residing in Australia

Be used on a laid-back, part-time or basis that is full-time

Be earning over $500 each week

(Centrelink earnings can not be your source that is only so’ll should also be working)

Never have announced bankruptcy within the last few one year

Calculate your repayments

Maybe perhaps Not certain simply how much to borrow? Make use of our handy RentBond calculator to calculate your regular repayments.

Just just just How RentBond works

Begin your RentBond application right right here

We are going to direct you to definitely Fair Go Finance, that will evaluate the job

When approved, accept your agreement online

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

Which is it! Your instalments will likely be deducted before the loan happens to be paid back in complete

What exactly is a bond loan?

A leasing relationship loan is that loan which can be used to pay for your leasing relationship to your realtor or landlord and allow you to secure a leasing home.

A relationship loan will help with cashflow throughout your move, allowing you to spend month-to-month instalments rather than one big swelling amount.

About RentBond

RentBond is really a leasing relationship loan. It really is a method for renters to cover their leasing relationship, 14 days’ lease ahead of time, and just about every other going costs, with a unsecured loan that is paid back as time passes.

RentBond is supplied 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 vary 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 job online with details including information on your revenue and costs.

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 going to be compensated to your representative or even to your bank that is nominated account. After that you can utilize those funds to cover your relationship, two weeks lease beforehand or other costs that are moving.

Step four: That Is it. We are going to subtract your instalments before the relationship is paid back.

You are able to use to get conditionally authorized for RentBond just before’re going. As you prepare to maneuver and require the funds, you will be expected to perform your conditionally authorized application.

This is based on the quantity you borrow. Loans as much as $2,000 are interest-free but include an establishment charge and a fee that is monthly. You need to use the payment calculator with this web web web page to determine the cost that is total of loan over different terms.

In the event that you dishonour your month-to-month payment, you are delivered an SMS and e-mail providing you with usage of the client portal to assist you handle your repayments. In the event that you compensate any arrears within 48 hours, no costs would be charged. A fee of $35 will be charged to your account if you are unable to make a repayment.

Then you can definitely still apply for RentBond if you have paid your bond but you require assistance for your other moving costs.

Yes, you are able to make an application for RentBond for almost any property that is rental.

Yes, you are able to submit an application for a RentBond loan to pay for any going costs such as for instance your relationship, your lease ahead of time, or other costs that are moving.

Based on your own personal needs, we could either spend the relationship straight to your representative or the bond that is relevant, or we are able to spend it right to your nominated bank-account. We are going to ask you to answer for information on how exactly to spend your loan profits included in the application procedure.

Your relationship is returnable to you personally through the Property Manager or landlord depending on normal. Your RentBond contract isn’t linked with your rent.

Fair Go Finance is Rent.com.au’s individual finance partner. Learn more about Fair Go Finance.

About interest-free options

RentBond includes a 21-day period that is interest-free. This means that it will be completely interest and fee-free if you pay the loan back in full in the first 21 days. So if you’re waiting on the relationship become refunded from your own past destination, it’s a convenient (and low priced) option to protect your relationship.

That’s no hassle. Your loan could have an agreed term with at least repayment quantity, like a loan that is regular. Therefore it back in 21 days, you can pay it back over the loan term if you can’t pay. (Interest, fees and costs use).

You and included in your agreement when you’re approved for RentBond, your loan term and interest rate will be calculated for. You’ll see this given information before you continue using the loan. This is the price and term that relates to you, until you spend the mortgage right straight straight back sooner.

Yes. RentBond enables you to protect all of your going costs.

Trying to get RentBond

RentBond is a 100% online application process that ought to just simply just simply simply take five full minutes to accomplish. When submitted, you are going to get an assessment that is initial display display display screen straight away. In the event that you get conditional approval, https://speedyloan.net/reviews/loanmart you’re going to be expected to perform a few more actions to continue.

If you have supplied every thing we want, your loan funds might be compensated to your home supervisor or even to your money the exact same or next working day.

As soon as your application is finished and also you’ve gotten conditional approval, we are going to deliver you a rule to your phone via SMS – you merely want to enter this to the application display screen to just accept and continue. Your loan will likely then be processed either equivalent time or even the following working day, and paid right to your premises supervisor or nominated banking account.

As soon as your application happens to be formally authorized your loan will likely then be prepared that day and paid right to your representative or even your bank that is nominated account.

When we’re having to pay a relationship straight to a representative in your stead, we shall alert the representative that the funds have already been transported.

When we’re having to pay the relationship straight to the relationship authority, you will need to allow 24 to 48 hours for the relationship authority to acknowledge receipt.

Yes, area of the RentBond evaluation process is really a credit check.

If you are focused on your credit score or perhaps you understand you have got a negative credit score, always check this article out on which can be done to correct your bad credit. Https: //www. Fairgofinance.com.au/about-us/news-and-blogs/what-can-i-do-to-fix-my-bad-credit/

Either Rent.com may be contacted by you.au, or Fair Go Finance. Our email address is below.

Rent.com.au 1300 736 810 rentbond@rent.com.au Monday – Friday, 8:30am – 6:30pm AEST

Fair get Finance 1300 324 746 Monday – Friday, 8:30am – 6:30pm AEST Saturday, 10am – 2pm AEST

Repayments

Loan terms will change with respect to the quantity which you borrow. It is possible to make an application for a loan term you like, and then we’ll talk about your choices to you as soon as your loan is authorized.

Yes. It is possible to shell out the balance that is outstanding of every costs and fees on any time you would like.

You can easily be confident there are not any penalties or prices for having to pay your loan early.

You are able to contact our partner Fair Go Finance on 1300 324 746 and request a pay-out statement.

If you’re having issues with repayments, or some other problems, please phone the united group at Fair Go Finance on 1300 324 746. They truly are here to assist you.

If we make an effort to debit your account for the repayment along with inadequate funds, you are delivered an SMS and e-mail providing you with use of the consumer portal to assist you handle your repayments. If you’re able to make up any arrears within 48 hours, no charges would be charged. If you should be not able to create a payment, a charge of $35 is likely to be charged for your requirements.