Looking for help getting started with RentBond

If none of the following Frequently Asked Questions answer your question, simply get in touch with Rent.com.au by calling 1300 736 810 or emailing rentbond@rent.com.au

You might also like: >> Part 2: RentBond support: Application FAQs >> Part 3: RentBond support: Repayment FAQs

What is RentBond?

RentBond is a way for tenants to pay their rental bond and other moving costs via a payment plan that allows them to spread the cost over the term of their lease. 

RentBond is provided in partnership with Fair Go Finance. When you apply for RentBond, we’ll be referring you to Fair Go Finance who will take your application and support you through the life of the loan.

How much can I apply for?

A RentBond loan can range from $500 up to $10,000. 

 Can I use RentBond if I have already paid my bond?

If you have paid your bond but you require assistance for your other moving costs, then you can definitely still apply for RentBond.

 

Can I use RentBond with any Agent or private landlord? 

Yes, you can apply for RentBond for any property listed on Rent.com.au. 

Can I pay my rent, letting fees or holding deposit with RentBond? 

Yes, you can apply for a RentBond loan to cover your moving costs such as your bond, your rent in advance, or other moving costs. 

 Will I receive the funds directly?

Yes, In most cases we will pay the bond directly to your property manager or the relevant bond authority. If you’re renting through a private landlord, the bond will also be paid directly to you. If you’re borrowing to cover other moving costs, the loan proceeds will be paid directly to you. We’ll ask you for details on how to pay your loan proceeds as part of the application process. 

 How do I get my bond back later when I end my lease?

Your bond is returnable to you from the Property Manager as per normal. Your RentBond contract is not tied to your lease.

 What interest rate is charged?

This depends on the amount you borrow. Loans up to $2000 are interest-free but come with an establishment fee and a monthly fee. 

You can use the repayment calculator on this page to calculate the total cost of the loan over various terms.

 

Are there any other fees and charges?

We may charge a dishonour fee of $35 if you default on a monthly repayment and do not make up the arrears within 48 hours. reprocessing fee of $15 if we need to reprocess a payment due to a payment default by you, and a cancellation fee of $20 to cover our administrative costs associated with any cancellation of this contract by you.

You might also like: >> Part 2: RentBond support: Application FAQs >> Part 3: RentBond support: Repayment FAQs

Visit www.rent.com.au/rentbond to get started today

Need more information? Call Rent.com.au’s Customer Service team on 1300 736 810 or email rentbond@rent.com.au for details to help you get started.

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