RentBond, Rent.com.au’s bond finance solution for renters has changed to make securing your next rental property easier.
This article on RentBond will discuss:
- The story behind RentBond;
- What the RentBond product is;
- How RentBond works;
- Why bond payments are easy with RentBond; and
- Tenant RentBond FAQs
Behind the scenes
Ongoing feedback from our customers reveals a key insight: One of the biggest struggles Renters face in the moving process is coming up with funds to cover the bond, rent-in-advance and other moving costs, especially when a tenant’s bond is still to be returned from their previous rental.
With that in mind, we developed RentBond, a fast and simple solution to pay your bond, or any of your moving costs.
What is RentBond?
The smart new way for tenants to pay their bond:
RentBond is a bond payment plan offered through Rent.com.au. You can use the service to pay your bond in full at the beginning of a tenancy and repay it over the term of the lease.
In addition to the bond, you may also wish to cover other moving costs, such as rent in advance, using a RentBond loan.
Applying is easy and quick! Paying your rental bond in smaller instalments lets you save money for more important things, like enjoying your new home.
How does it work?
We’ve made it easy to apply. Once you’ve been approved for your new rental property, simply complete your application at rent.com.au. Once approved and your contract has been accepted, your loan will be paid to your bank account. That’s it!
You (as the new tenant) will then pay the instalments until the loan has been paid in full.
Why RentBond is so EASY
- Quick online approval for eligible applicants
- Flexible repayment options that align to your pay cycle
- Borrow from $500 up to $10,000
- Borrow to cover just the bond, or to cover your other moving costs too.