*This comparison rate is based on an unsecured variable rate personal loan of $30,000 for a term of 5 years. Rates displayed are for customers with an excellent credit history, where a $0 establishment fee applies. For other borrowers, an establishment fee of $395 or $495 will apply, based on loan amount. A $10 monthly fee applies to all personal loans. WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
Establishment fee
$0 - $395
Loans up to $15,000
$0 - $495
Loans above $15,001
Loan term
3 to 7 years
Our fees
$10
Monthly fee
$0
Early exit fees
*This comparison rate is based on an unsecured variable rate personal loan of $30,000 for a term of 5 years. Rates displayed are for customers with an excellent credit history, where a $0 establishment fee applies. For other borrowers, an establishment fee of $395 or $495 will apply, based on loan amount. A $10 monthly fee applies to all personal loans. WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
Bond Assistance VIC is a loan given to renters in Victoria that can be used to pay for a bond on a rental property, without losing time saving for the funds. Because the funds are available almost immediately with Bond Assistance VIC, renters can secure the property of their dreams as soon as they find it.
Facing a heated property market
Considering the challenging conditions in Victoria specifically, getting bond help via Bond Assistance VIC can be crucial.
According to a global housing affordability survey, Melbourne is the sixth least affordable housing market in the world. With so many Victorians increasingly turning to renting as a means to overcome skyrocketing housing prices, the competition for rental properties is also on the rise.
Using Bond Assistance Victoria allows renters who may not have the cash on hand for a bond to sign up for a lease on the spot without delay.
Live where you want to live
The old saying goes “buy where you can afford, and rent where you want to live”. For many of us, the dream of buying anywhere at all may remain a dream for some time yet. However, with Bond Assistance Victoria, at least the second half of the saying can come true!
Renting means greater choice and flexibility, and lower expenses all around compared to buying. By removing the upfront burden of having money for a bond, renting has also gotten that much easier.
Simple and fast
If you’d like to find a rental property in Victoria, but don’t have the funds on hand for a bond, click on the “Apply Now” button.
By entering the details of your loan and some information about yourself, you will receive a decision on your application in a matter of minutes. You could then receive the funds directly in your bank account within the hour, depending on your financial institution. It couldn’t be easier.
Then it’s simply a matter of selecting which rental property is right for you, and organising a time to sign the lease!
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