RentBond is just a convenient solution to spend your leasing relationship, your fourteen days’ rent-in-advance and other going costs, given by our partner Fair Go Finance.
When you are authorized for RentBond, we will spend your loan either straight to your representative, or even to your nominated banking account (in order to spend your representative or landlord your self).
Our online application procedure is totally protected and just takes a couple of minutes to accomplish.
As soon as authorized, your relationship may be compensated in complete on a single or next working day (according to whenever you apply).
Versatile payment options
We will align your repayments to match your earnings period.
RentBond – 21 days interest-free
In the event that you simply desire a short-term loan while you await your relationship reimbursement, RentBond is interest free for the first 21 times. Therefore in the event that you receive 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 charges will connect with part-payments.
I borrow $3,000 and repay it in complete time 21 – the loan is totally interest and fee-free.
We borrow $3,000 and repay $2,000 within 21 times – costs and fees 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 over a few months – the mortgage is addressed as A rentbond that is standard loan. Interest, fees and fees use.
Whom qualifies for RentBond? These are some of the basic requirements you’ll need to meet as a guide
We are going to assess your RentBond application on a selection of facets, together with your earnings, your capability to settle the mortgage, as well as your previous credit history.
Be 18 years old or older and staying in Australia
Be used on an informal, part-time or basis that is full-time
Be earning over $500 each week
(Centrelink earnings cannot be your source that is only so’ll must also be working)
Have never declared bankruptcy within the last year
Calculate your repayments
Perhaps Not certain exactly how much to borrow? Utilize our RentBond that is handy calculator calculate your weekly repayments.
Exactly just How RentBond works
Begin your RentBond application right right here
We will 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 bank that is nominated account it is possible to spend your relationship to your representative.
That is it! Your instalments will soon be deducted before the loan happens to be paid back in complete
What exactly is a relationship loan?
A leasing relationship loan is that loan which you can use to cover your rental bond to your real estate professional or landlord and allow you to secure a leasing home.
A relationship loan can deal with income through your move, allowing you to spend month-to-month instalments rather than one big lump sum payment.
RentBond is just a leasing bond loan. It is an easy method for renters to cover their leasing relationship, 2 weeks’ lease ahead of time, and just about every other going costs, with an unsecured loan that is paid back in the long run.
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 are normally taken for $500 as much as $10,000.
Step one: begin the application at www. Rent.com.au/rentbond
Step two: you are going to be expected to perform the application online with details including information on your revenue and expenses.
Step three: If authorized for RentBond, you’re going to be served with your loan contract on the web. After you have accepted the contract, your loan profits is going to be compensated to your representative or even your bank that is nominated account. You may then utilize those funds to cover your relationship, 2 weeks lease beforehand or virtually any costs that are moving.