What exactly is RentBond? After this you spend us straight back before the loan is compensated in complete.
Product Information
RentBond is just a way that is convenient spend your leasing relationship, your fourteen days’ rent-in-advance as well as other going costs, given by our partner Fair Go Finance.
If you are authorized for RentBond, we’ll spend your loan either straight to your representative, or even to your nominated bank-account (in order to spend your representative or landlord your self).
Fast approval
Our application that is online process entirely protected and just takes a few momemts to accomplish.
Fast settlement
When authorized, your relationship will likely be compensated in complete on a single or next working day (dependent on whenever you use).
Versatile payment choices
We will align your repayments to match your pay period.
RentBond – 21 days interest-free
In the event that you simply require a short-term loan while you await 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 fees 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 times – charges and fees are paid down proportionally to mirror the balance that is unpaid the residual $1,000 continues on as a typical RentBond loan.
Example 3
We borrow $3,000 and repay it over half a year – the mortgage is addressed as a standard rentbond loan. Interest, fees and charges use.
Who 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 https://paydayloan4less.com/payday-loans-va/ facets, together with your earnings, your capability to settle the mortgage, along with your credit that is past history.
Be 18 years of age or older and staying in Australia
Be used on a laid-back, part-time or full-time foundation
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
Perhaps perhaps Not certain exactly how much to borrow? Make use of our RentBond that is handy calculator calculate your regular repayments.
Exactly How RentBond works
Begin your RentBond application right here
We will direct you to definitely Fair Go Finance, who can evaluate the job
When approved, accept your agreement online
Fair Go Finance will probably pay your loan directly into your nominated bank-account so you are able to pay your relationship to your representative.
That is it! Your instalments will likely be deducted before the loan was paid back in complete
What exactly is a bond loan?
A rental relationship loan is a loan you can use to cover your leasing relationship to your real estate professional or landlord and assist you to secure a property that is rental.
A bond loan might help with cashflow through your move, allowing you to spend month-to-month instalments in place of one big lump sum payment.
About RentBond
RentBond is just a bond loan that is rental. It is a means for tenants to cover their leasing relationship, two weeks’ lease ahead of time, and just about every other going costs, using an unsecured loan that is paid back with time.
RentBond is supplied together with Fair Go Finance. Whenever you make an application for RentBond, we will be referring you to Fair Go Finance who can bring your application and give you support through the life span associated with loan.
A RentBond loan can are priced between $500 as much as $10,000.
Step 1: begin the job at www. Rent.com.au/rentbond
Step 2: you may be expected to perform the application online with details including information on your revenue and costs.
Step three: If approved for RentBond, you will end up given your loan agreement on line. After you have accepted the contract, your loan profits is supposed to be compensated to your representative or even to your nominated bank account. Then you’re able to utilize those funds to cover your relationship, two weeks rent beforehand or just about any other costs that are moving.
