Australia's leading rental bond loan

RentBond is a rental bond loan. It's a way for tenants to pay their rental bond, 2 weeks' rent in advance, and any other moving costs, via a personal loan that is repaid over time.

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.

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

Step 1: Start your application at www.rent.com.au/rentbond

Step 2: You will be asked to complete your application online with details including details of your income and expenses.

Step 3: If approved for RentBond, you'll be presented with your loan agreement online. Once you have accepted the agreement, your loan proceeds will be paid to your agent or to your nominated bank account. You can then use those funds to pay your bond, 2 weeks rent in advance or any other moving costs.

Step 4: That's it. We'll deduct your instalments until the bond has been repaid.

You can apply and get conditionally approved for RentBond before you're moving. When you're ready to move and need the funds, you'll be asked to complete your conditionally approved application.

This depends on the amount you borrow. Loans up to $2,000 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.

If you dishonour your monthly repayment, you will be sent an SMS and email providing you access to the customer portal to help you manage your repayments. If you make up any arrears within 48 hours, no fees will be charged. If you are unable to make a repayment, a fee of $35 will be charged to your account.

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

Yes, you can apply for RentBond for any rental property.

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

Depending on your individual requirements, we can either pay the bond directly to your agent or the relevant bond authority, or we can pay it directly to your nominated bank account. We'll ask you for details on how to pay your loan proceeds as part of the application process.

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

Fair Go Finance is Rent.com.au's personal finance partner. Find out more about Fair Go Finance.

RentBond comes with a 21-day interest-free period. That means that if you pay the loan back in full in the first 21 days, it will be completely interest and fee-free. So if you’re waiting on your bond to be refunded from your previous place, it’s a convenient (and cheap) way to cover your new bond.

That’s not a problem. Your loan will have an agreed term with a minimum repayment amount, like a regular loan. So if you can’t pay it back in 21 days, you can pay it back over the loan term. (Interest, fees and charges apply).

When you’re approved for RentBond, your loan term and interest rate will be calculated for you and included in your agreement. You’ll see this information before you proceed with the loan. This will be the rate and term that applies to you, unless you pay the loan back sooner.

Yes. RentBond can be used to cover any of your moving costs.

RentBond is a 100% online application process which should only take 5 minutes to complete. Once submitted, you'll receive an initial assessment on screen right away. If you receive conditional approval, you'll be asked to complete a few more steps to proceed.

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

Once your application has been completed and you've received conditional approval, we'll send you a code to your phone via SMS – you just need to enter this into the application screen to accept and proceed. Your loan will then be processed either the same day or the next business day, and paid directly to your property manager or nominated bank account.

Once your application has been formally approved your loan will then be processed that day and paid directly to your agent or to your nominated bank account.

If we're paying a bond directly to an agent on your behalf, we will notify the agent that the funds have been transferred.

If we're paying the bond directly to the bond authority, you need to allow 24 to 48 hours for the bond authority to acknowledge receipt.

Yes, part of the RentBond assessment process is a credit check.

If you're worried about your credit history or you know you have a bad credit record, check out this article on what you can do to fix your bad credit. https://www.fairgofinance.com.au/about-us/news-and-blogs/what-can-i-do-to-fix-my-bad-credit/

You can 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 Go Finance
1300 324 746
Monday – Friday, 8:30am – 6:30pm AEST
Saturday, 10am – 2pm AEST

Loan terms will vary depending on the amount that you borrow. You can apply for a loan term that suits you, and we'll discuss your options with you once your loan has been approved.

Yes. You can pay out the outstanding balance inclusive of any fees and charges on any day you wish.

You can rest assured there are no penalties or charges for paying out your loan early.

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

Any time you're having problems with repayments, or any other issues, please call the team at Fair Go Finance on 1300 324 746. They're there to help you.

If we try to debit your account for the repayment and 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 you can make up any arrears within 48 hours, no fees will be charged. If you are unable to make a repayment, a fee of $35 will be charged to your account.