RentBond is just 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.

When 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. Afterward you spend us right right right straight back before the loan is compensated in complete.

Fast approval

Our application that is online process entirely safe and just takes a few momemts to perform.

Fast settlement

When authorized, your relationship will likely be paid in complete for a passing fancy or business that is next (according to once you use).

Versatile payment choices

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 watch for your relationship reimbursement, RentBond is interest free when it comes to first 21 times. Therefore in the event that you get your relationship reimbursement and pay off your RentBond loan in full in the first 21 times, you won’t spend any interest. Reduced fees and fees will affect part-payments.

Example 1

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

Instance 2

We borrow $3,000 and repay $2,000 within 21 times – costs and fees are paid off proportionally to mirror the balance that is unpaid the rest of the $1,000 continues on as a typical RentBond loan.

Instance 3

We borrow $3,000 and repay it over six months – the mortgage is addressed as A rentbond that is standard loan. Interest, fees and fees use.

Whom qualifies for RentBond?

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

Be 18 years or older and staying 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 must also be working)

Never have announced bankruptcy within the last year

Calculate your repayments

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

Exactly exactly just just How RentBond works

Begin your RentBond application right right here

We will direct you to definitely Fair Go Finance, who’ll evaluate the application

When approved, accept your agreement online

Fair Go Finance will probably pay your loan straight into your bank that is nominated account you are able to spend your relationship to your representative.

That is it! Your instalments would be deducted before the loan happens to be paid back in complete

What’s a relationship loan?

A leasing relationship loan is that loan that can be utilized to pay for your leasing relationship to your real estate professional or landlord and assist you to secure a rental home.

A relationship loan can deal with cashflow through your move, allowing you to spend month-to-month instalments as opposed to one big lump sum payment.

About RentBond

RentBond is really a bond loan that is rental. It is a method for renters to pay for their leasing relationship, two weeks’ lease ahead of time, and just about every other going costs, via an unsecured loan that is paid back with time.

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 cover anything from $500 as much as $10,000.

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

Step two: You certainly will be expected to accomplish the job online with details including information on your earnings and costs.

Step three: If authorized for RentBond, you will be offered your loan contract on the web. After you have accepted the agreement, your loan profits will likely to be compensated to your representative or even to your bank that is nominated account. After that you can utilize those funds to pay for your relationship, two weeks lease beforehand or just about any other costs that are moving.

Step four: Which Is it. We are going to subtract your instalments through to the relationship happens to be repaid.

You are able to use and acquire conditionally authorized for RentBond just before’re going. Before you go to go and require the funds, you’re going to be expected to accomplish your conditionally authorized application.

This is dependent upon the total amount you borrow. Loans as much as $2,000 are interest-free but include an establishment cost and a month-to-month cost. You need to use the payment calculator about this web web web page to determine the total price of the 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 use of the client portal that will help you handle your repayments. No fees will be charged if you make up any arrears within 48 hours. If you’re struggling to create a payment, a charge of $35 would be charged for your requirements.

For those who have compensated your relationship however you need help for the other going costs, then you can certainly certainly nevertheless make an application for RentBond.

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

Yes, you can easily make an application for a RentBond loan to pay for any going costs such as for example your relationship, your lease beforehand, or any other going costs.

Based on your own needs, we could either spend the relationship straight to your representative or the appropriate relationship authority, or we could spend it right to your nominated bank-account. We are going to ask you for information on just how to pay your loan profits included in the application procedure.

Your relationship is returnable to you through the Property Manager or landlord depending on normal. Your RentBond contract just isn’t associated 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 is sold with a 21-day interest-free duration. 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 your own relationship become refunded from your own place that is previous’s a convenient (and inexpensive) option to protect your relationship.

That’s no hassle. Your loan has an agreed term with the very least repayment quantity, such as for instance a loan that is regular. Therefore in the event that you can’t repay it in 21 times, it is possible to repay it within the loan term. (Interest, fees and costs use).

Whenever you’re authorized for RentBond, your loan term and rate of interest would be determined for you personally and incorporated into your contract. You’ll see this information before you continue because of the loan. This is the price and term that relates to you, until you spend the mortgage right back sooner.

Yes. RentBond can help protect all of your costs that are moving.

Trying to get RentBond

RentBond is really a 100% online application process that should just simply just just take five minutes to perform. When submitted, you are going to get an assessment that is initial display screen straight away. In the event that you get conditional approval, you’re going to be expected to perform some more actions to continue.

If you have supplied every thing we truly need, your loan funds could possibly be compensated to your premises supervisor or to your money the exact same or next working day.

As soon as your application was finished and you also’ve gotten conditional approval, we are going to deliver you a rule to your phone via SMS – you simply have to enter this in to the application display to just accept and continue. Your loan will likely then be processed either exactly the same time or perhaps the following working day, and paid straight to your premises supervisor or nominated banking account.

Once your application happens to be formally authorized your loan will likely then be prepared that day and paid straight to your representative or even your nominated bank account.

When we’re spending a relationship straight to a representative for you, we will alert the representative that the funds have already been moved.

Whenever we’re spending the relationship straight to the relationship authority, you ought 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 focused on your credit score or perhaps you understand you have got a negative credit score, always check down this informative article on which you can certainly do 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 paragon funding payday loans are 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 be different with respect to the quantity which you borrow. You are able to submit an application for a loan term you like, 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 outstanding stability inclusive of any charges and fees on any time you want.

You are able to be assured there aren’t any charges or costs for having to pay your loan early.

It is possible to contact our partner Fair Go Finance on 1300 324 746 and ask for a pay-out statement.

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

You have insufficient funds, you will be sent an SMS and email providing you access to the customer portal to help you manage your repayments if we try to debit your account for the repayment and. If you’re able to make any arrears up within 48 hours, no charges will soon be charged. If you’re struggling to produce a payment, a charge of $35 will likely to be charged for your requirements.

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