Moving into a new property in Victoria? RentBond is the most convenient way to pay your rental bond and moving costs.
Rent.com.au’s RentBond is a rental bond loan, designed to take the pain out of what’s often an expensive period for many renters across Victoria. You can use RentBond to pay your rental bond, two weeks rent-in-advance and other moving costs.
RentBond’s 21-day interest-free period means you can also fund your new bond at no cost while you wait on your previous bond to be returned. RentBond is 100% online, making it simple to apply, no matter where you live in Victoria.
How do I know if I’m eligible for a rental bond loan?
Applying for RentBond is easy. Paying your rental bond in smaller, monthly instalments lets you save money for more important things, like enjoying your new home! Your RentBond application will be assessed on a range of factors, including your income, your ability to repay the loan and your past credit history.
Do you meet these loan requirements?
- Be 18 years of age or older and living in Australia
- Have not entered into bankruptcy or a part 9 agreement within the last 12 months
- Be willing to provide your bank statements online. (Please note, bank statements can only be submitted via our secure online service).
Can I get a bond loan interest-free?
Trying to synchronise paying your new bond while waiting for the return of your old one is near-impossible for many renters in Victoria – and it can also place pressure on the landlord/property manager. In most cases, people need to pay their new bond before they’ve completed the exit process from their last property.
Rent.com.au’s RentBond 21-day interest-free period is the perfect solution. You can secure your new place and pay the loan back when your bond is returned – with no interest or fees attached. Put simply, if you pay your RentBond loan in full within the first 21 days, you won’t pay any interest or other costs. If you can’t pay it back in 21 days, you can pay it back over the loan term. Interest, fees, and charges will apply.
questions about RentBond?
For support with your loan request, contact Rent.com.au on email@example.com or phone 1300 736 810 (Monday – Friday, 8.30AM to 6.30PM AEST), or Fair Go Finance on 1300 324 746 (Monday – Friday, 8.30AM to 6.30PM AEST, Saturday 10AM to 2PM AEST).
Apply for a RentAssist bond loan in Victoria
If you want to rent privately in Victoria and need assistance with your rental bond, you may be able to borrow the money through RentAssist, an interest-free bond loan made available through Housing Victoria. You can apply by yourself, as a couple or as part of a shared household. At the end of your tenancy, the full bond will need to be repaid.
When you’re given a Department of Housing bond loan voucher, your landlord or property manager should check the details on your voucher and lodge it with the Residential Tenancy Bond Authority (RTBA). The RTBA will treat this voucher as a bond lodgement.
You must meet the department’s eligibility criteria to be approved for the RentAssist housing loan. For more information about RentAssist, to request support, or to find out what housing options and help you may be eligible for, check out the Housing VIC website.