A loan for your rental bond or deposit
Often the toughest part of leasing a new place is the rental bond that is required to be paid up-front. While you may have the liquidity to pay for the monthly or weekly rent, the security deposit or some other related payment can prove to be a hurdle.
With rental bond loans from Credit24, you don’t have to give up on that lovely house or apartment you have chosen for your family or friends. Credit24’s rental bond loans range between $500 and $10,000. They are easy to apply for too. You could get the amount credited to your bank account in a matter of 24 hours (if approved within business hours).
In most cases, the rental bond amount is equal to four weeks rent. In some cases, when the weekly rent is higher than $250, the amount can also amount to six weeks rent. Coughing up this kind of money, especially when you did not expect to be moving so soon, can be a tough situation to handle. Credit24 helps with rental bond loans that you can use for a bond payment or even relocation costs.
A loan that is as flexible as you
As rental bonds and deposits can be variable in price and may need to be paid on short notice, you need a loan that is as flexible as you may need to be. That’s why with Credit24, you’ll be able to find a loan that meets your financial needs. But you’re not limited to just using your loan on your deposit or rental bond. If you’re going to be better off dedicating the money to moving or relocation costs, then that’s just fine with us! Use your loan however suits you best.
Calculate your rental deposit loan today
Use our simple rental deposit loan calculator to forecast how much your repayments will be based on your personal financial circumstances.
Choose your loan amount, repayment frequency and repayment lifetime to get an estimate of how much you’re likely to owe.
Discover the rental deposit loan calculator below: