Monday, 11 November 2019
What is RentBond?
RentBond is a convenient way to pay your rental bond, your two weeks’ rent-in-advance and other moving costs, provided by our partner Fair Go Finance.
When you’re approved for RentBond, we’ll pay your loan either directly to your agent, or to your nominated bank account (so you can pay your agent or landlord yourself). You then pay us back until the loan is paid in full.
Fast approval
Our online application process is completely secure and only takes a few minutes to complete.
Fast settlement
Once approved, your bond will be paid in full on the same or next business day (depending on when you apply).
Flexible repayment options
We’ll align your repayments to match your pay cycle.
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RentBond – 21 days interest-free
If you just need a short-term loan while you wait for your bond refund, RentBond is interest-free for the first 21 days. So if you receive your bond refund and pay back your RentBond loan in full within the first 21 days, you won’t pay any interest. Reduced fees and charges will apply to part-payments.
- Be 18 years of age or older and living in Australia
- Be employed on a casual, part-time or full-time basis
- Be earning over $500 per week (Centrelink income can’t be your only source so you’ll also need to be working)
- Have not declared bankruptcy in the last 12 months
What is a bond loan?
A rental bond loan is a loan that can be used to pay your rental bond to your real estate agent or landlord and help you secure a rental property.
A bond loan can help with cash flow during your move, letting you pay monthly instalments instead of one large lump sum.
Find out more about Rent Bond here: https://www.rent.com.au/rentbond
