Frequently Asked Questions
What is a bond loan?
A bond loan is a personal loan that can be used to pay a bond, to pay rent in advance or to cover the costs of moving. Bond loans are funds that can be transferred directly to you, so you can control where and when the funds go.
Can I repay my Bond Loan early?
Yes, you can use the funds from your bond to repay your bond loan early. We don’t charge early payout fee’s so you can repay your loan as quickly as you like. If you pay your bond loan off within 21 days, we won’t charge you any interest!
Can I get a pre-approval for my Bond Loan?
Yes! We can pre-approve your bond loan so you can find your new home, sign the lease and organise your move knowing you can access the loan funds when you need. If your pre-approval gets close to expiring, please get in touch so we can discuss your options to extend your pre-approval offer.
Can I get a rental bond with bad credit?
Yes! We can help you if you have bad credit. If you have adverse items on your credit report (like a credit default or missed bill payment), you’re still welcome to apply with us. We will review your credit report and your current circumstances to assess whether we have a bond loan suitable for you. Our aim to is help our customers improve their credit scores by offering loans that are affordable, allowing them to easily access more funds in the future.