Looking for a bond loan? Apply now from $2,100 to $15,000 to cover your rental bond. Your next home awaits. Fast outcomes. No paperwork. Apply.
What is a bond loan?
A bond loan is a loan that may need to be taken out when moving house to pay for the rental and other moving-related costs. In other words, if you need cash today to relocate, it could be an option for you.
We understand how expensive moving house can be. One month rent upfront, a rental bond, plus a removal van and you’re looking at thousands of dollars. In short, it’s not always easy to have that amount of money stashed away, especially if the move is unexpected or at short notice.
Therefore, sometimes you need a helping hand to get you through the most challenging times. Luckily, that’s what Monzi is here for! We put you in touch with the right lender to get you the easy loan you need, from $2,100 to $15,000. Let us help get your dream home and a smile on your face.
How much is rental bond in Australia?
The rent of the property will determine the amount of bond that you must pay. Generally speaking, if the rent of the property is under $700 per week, then you will need to pay a maximum of four weeks worth of rent as bond. Read more about easy bond pay here.
To put this into an example, if the rent on a home is $500, then you would need to pay a bond of $2,000. This is the maximum amount that your lessor may charge, however, your landlord may be prepared to accept a lower amount.
Maximum bond amounts for rental properties over $700 per week may vary. As a result, you may need to negotiate the amount with your lessor or real estate agent.
How do I apply for a bond loan in Queensland?
One way could be to apply with Monzi. After all, our lender-finder service is available Australia-wide. In other words, your location doesn’t matter. As long as you meet our eligibility criteria, you’re welcome to apply for cash on your mobile with Monzi.
As a result, if you’re a Queensland resident looking to take out a personal loan to cover the cost of your bond, Monzi might be able to help. Apply for cash loans from $2,100 to $15,000 today.
Can I get an emergency bond loan for bad credit?
If you’ve got bad credit, it can often feel inescapable. Luckily, your bad credit doesn’t have to define you. At Monzi, we may be able to put you in touch with a lender potentially willing to consider bad credit applicants.
Best of all, if you’re in the midst of an emergency move, you may be able to apply for a bad credit loan to cover the cost of your bond. Although, be aware that lender do vary in their attitudes towards bad credit. As a result, approval is not guaranteed and may depend on the lender you are dealing with.
Rental bond loans Australia-wide
One of the best things about our 100% online service is the fact we can help people from all over Australia make a loan application for a rental bond.
Can I get a rental bond loan in NSW?
Monzi is available Australia-wide. Moreover, we know more than a few lenders who can potentially offer cash loans to cover your rental bond. So, if you’re after cash amounts in your account fast, turn to Monzi.
However, remember that we cannot guarantee if your application will be approved. All applications must be assessed to determine if the loan is suitable for the borrow. Moreover, do your research to determine if there may be government support available to assist you with covering your bond.
Can I apply for a bond loan if I have a bad credit history?
We believe that every Australian deserves a second chance, which is why we work with lenders who won’t turn you away just because you have bad credit. Monzi, although, cannot guarantee whether or not a lender will conduct a credit check on your application. However, they can often focus on your current relationship with money.
Looking for instant loans of up to $15,000? Monzi might know the lenders who may offer bond loans bad credit.
Instant bond loans
Need cash to cover your bond fast? An instant cash loan could be an option for you.
However, when it comes to instant cash loans offered online, it’s important to keep in mind that they aren’t a literal promise. In other words, you won’t receive an outcome the instant you apply. Instead, lenders will put your application under the microscope in order to determine if the credit you’ve applied for will work with your budget.
As a result, always remember that there will be some processing time involved. Moreover, if you see a lender offering instant approvals, this simply refers to scenarios where you might receive an outcome in what feels like no time.
Easy bond loans for you
If you’ve got bad credit or earn a low-income, then easy approval loans to cover your bond payment might seem like a great solution. With these loans, lenders may offer credit with eligibility requirements that aren’t quite as strict as those offered by other lenders. As a result, they may be an accessible credit option for you.
Having said this, don’t confuse easy approvals with guaranteed approval. Even if a lender is more lenient, they will still assess your application to ensure that the loan is suitable for your needs and circumstances. As a result, approval is not certain.
Can I get a bond loan same day?
In short, potentially. However, we cannot guarantee if this is possible.
If you apply with Monzi, we’ll do what we can to pair you with a lender ASAP. During business hours, this may take as little as 60 minutes. From there, your lender will be in touch to assess your application and they will aim to provide you with an outcome fast.
If everything goes to plan, then you may be approved and have your cash transferred to you before you know it. This is how it may be possible to receive a loan on the same day.
Having said this, be aware that there are many steps in the process. As a result, it’s often wise to anticipate a waiting time of up to one business day. Moreover, to be any chance of receiving your cash loan on the same day, you must apply during business hours and provide all the necessary information.
Can I get a bond loan with no credit check?
In some cases, it may be possible. However, credit checks are often an essential part of their assessment process for lenders. As a result, most lenders will not be willing to bypass them to offer loans without a credit check.
In short, lenders use credit checks to get an idea of your reliability as a borrower. In other words, do you have a history of making your repayments on time?
If these checks were not conducted, then lenders would be basing their assessment of incomplete information. As a result, they would be unable to calculate your risk as a borrower. That’s why these loans are typically not offered.
So, while Monzi can potentially pair you with a lender, we cannot guarantee if they will offer you no credit check instant loans to cover your rental bond. It simply comes down to the assessment policy of the lender that you are dealing with.