RentBond is a convenient solution to spend your leasing relationship, your fourteen days‘ rent-in-advance as well as other going costs, supplied by our partner Fair Go Finance.

RentBond is a convenient solution to spend your leasing relationship, your fourteen days‘ rent-in-advance as well as other going costs, supplied by our partner Fair Go Finance.

If you are authorized for RentBond, we will spend your loan either straight to your agent, or even to your nominated banking account (yourself) so you can pay your agent or landlord. Afterward you spend us right straight right straight back through to the loan is paid in complete.

Fast approval

Our online application procedure is entirely protected and just takes a couple of minutes to accomplish.

Fast settlement

As soon as authorized, your relationship are going to be compensated in complete on a single or business that is next (according to whenever you use).

Versatile payment choices

We will align your repayments to match your earnings 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 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 affect 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 – charges and fees are paid off proportionally to mirror the balance that is unpaid the residual $1,000 continues on as a typical RentBond loan.

Instance 3

I borrow $3,000 and repay it over six months – the mortgage is addressed as being 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 previous credit history. As helpful tips, they are a number of the fundamental demands you’ll want to satisfy:

Be 18 years old or older and located in Australia

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

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 few one year

Calculate your repayments

Maybe maybe maybe Not certain exactly how much to borrow? Utilize our RentBond that is handy calculator calculate your regular repayments.

Just just exactly How RentBond works

Begin your RentBond application right right here

We are going to direct one to Fair Go Finance, who can 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 are deducted through to the loan is paid back in complete

What’s a relationship loan?

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

A relationship loan will help with cashflow through your move, allowing you to spend month-to-month instalments rather than one big lump sum payment.

About RentBond

RentBond is really a leasing relationship loan. It’s an easy method for renters to pay for their leasing relationship, two weeks‘ rent ahead of time, and just about every other going costs, using a personal bank loan that is paid back as time passes.

RentBond is supplied together with Fair Go Finance. Once you make an application for RentBond, we will be referring one to Fair Go Finance who can take your application and give you support through the life span for the loan.

A RentBond loan can cover anything from $500 as much as $10,000.

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

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

Step three: If authorized for RentBond, you will end up given your loan contract on line. After you have accepted the contract, your loan profits may be compensated to your representative or even to your bank that is nominated account. Then you’re able to make use of those funds to cover your relationship, two weeks lease beforehand or other going costs.

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

You can easily use and obtain 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 depends upon the quantity you borrow. Loans as much as $2,000 are interest-free but have an establishment charge and a fee that is monthly. You should use the payment calculator with this web web page to determine the cost that is total of loan over different terms.

You will be sent an SMS and email providing you access to the customer portal to help you manage your repayments if you dishonour your monthly repayment. In the event that you make-up any arrears within 48 hours, no costs should be charged. If you should be struggling to create a payment, a cost of $35 will undoubtedly be charged for your requirements.

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

Yes, it is possible to submit an application for RentBond for just about any property that is rental.

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

According to your own personal demands, we could either spend the relationship right to your representative or the appropriate relationship authority, or we are able to spend it straight to your nominated banking account. We are going to ask you 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 according to normal. Your RentBond contract just isn’t linked with your rent.

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

About interest-free options

RentBond is sold with a 21-day period that is interest-free. Meaning 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 in your relationship become refunded from your own place that is previous’s a convenient (and low priced) option to protect your brand-new relationship.

That’s no hassle. Your loan need an agreed term with the absolute minimum repayment quantity, such as for instance a regular loan. Therefore it back in 21 days, you can pay it back over the loan term if you can’t pay. (Interest, fees and fees 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 term and rate that relates to you, until you spend the mortgage straight right straight back sooner.

Yes. RentBond may https://online-paydayloans.net be used to protect all of your going costs.

Trying to get RentBond

RentBond is a 100% online application process that should just simply take five minutes to perform. When submitted, you will get a preliminary evaluation on display display screen straight away. In the event that you get conditional approval, you will be expected to perform a few more actions to continue.

The same or next business day if you’ve provided everything we need, your loan funds could be paid to your property manager or to your bank account.

As soon as your application happens to be completed and also you’ve gotten approval that is conditional we will give you a rule to your phone via SMS – you simply need certainly to enter this in to the application display screen to simply accept and continue. Your loan will likely then be processed either equivalent time or even the next working day, and paid right to your home supervisor or bank account that is nominated.

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 nominated bank account.

Whenever we’re spending a relationship right to a representative in your stead, we will alert the representative that the funds happen transported.

Whenever we’re having to pay the relationship straight to the relationship authority, you’ll want to enable 24 to 48 hours for the relationship authority to acknowledge receipt.

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

If you should be concerned about your credit score or perhaps you understand you have got a bad personal credit record, always check this article out about what can help you to repair your bad credit. Https: //www. Fairgofinance.com.au/about-us/news-and-blogs/what-can-i-do-to-fix-my-bad-credit/

You’ll contact either Rent.com.au, or Fair Go Finance. Our contact information 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 be different with regards to the quantity which you borrow. You can easily submit an application for a loan term that best suits you, and now we’ll talk about you once your loan to your options happens to be authorized.

Yes. You are able to shell out the balance that is outstanding of any charges and charges on any time you would like.

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

You can easily contact our partner Fair Go Finance on 1300 324 746 and request a pay-out statement.

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

When we you will need to debit your bank account for the payment along with insufficient funds, you’ll be delivered an SMS and e-mail providing you with use of the consumer portal that will help you handle your repayments. When you can make any arrears up within 48 hours, no costs will undoubtedly be charged. If you’re struggling to create a payment, a charge of $35 will likely be charged for your requirements.

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