Frequently Asked Questions

Bond Loans

Q. 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, or we can transfer the funds straight to your rental bond agent. The choice is yours.

Q. 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 fees 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!

Q. 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.

Q. 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.

Q. The lease will be in multiple names but only I want to borrow money – is this ok?

Yes! Whether you’re moving in with other people, or out from other people, you can get a quick bond loan. The details of your new lease will need to be verified and you’ll be good to go!

Q. Are there government bond loans?

There are government run bond loans. You will need to contact your relevant State Government to learn about the loan limits and eligibility criteria.

Q. Will I pay less interest if I repay my bond loan early?

You will pay less interest if you payout your bond loan early. The amount of interest you’re charged depends on how long you have your loan. The shorter your loan term, the less interest you pay. When you get a bond loan with us, you won’t be charged any early payout fees too.

Q. How can I find my bond loan payout figure?

You’ll be sent a loan statement via email every month so you can track your progress. If you want to payout your bond loan, simply email or call us and we can provide you with the exact payout figure.

Q. Can I apply for another loan after I pay my current loan out?

You can! When you finish paying off your rental bond loan, you can establish a positive credit history with us. And with this positive history, you can apply for a new personal loan and access better rates and fees. Plus, we already have your loan information, so your application will be processed even quicker.

Q. Why have I been declined for a rental bond?

There are a few reasons why your application may have been unsuccessful. Generally, loans can’t be offered if the required repayments appear to be unaffordable, there is poor bank account conduct, or a credit check has revealed high-risk listings.

It’s a good idea to check your credit report to see if there are any problems or issues with it. And before you apply for another loan, please read this blog on what you should do if your loan is declined.

Q. Why am I paying back more than interest?

Before you take out a bond loan, you need to be aware of the total cost of credit. The total cost of credit is the total costs of the loan, which include the interest rate, the establishment fee, the amount you receive to use, and any other ascertainable fees.

Our establishment fees and interest rates vary depending on the loan amount you borrow and your credit score. These will be outlined in your bond loan contract if you are approved. If you’re unsure about the total cost of credit, please ask your credit consultant to run through it with you.

Bank Statement Service:

Our online application includes a free bank statement service, called This service lets you provide your bank statements immediately and securely online so your loan can be processed even faster.

Q. How does the free bank statement service work?

You’ll be able to select your bank, and login to your usual internet banking. Once logged in, 90 days of your most bank account history can be provided directly to us with read-only access. This allows us to assess your loan ever quicker.

As a responsible lender, we need to verify your income and expenses to ensure we give you a loan you can afford to repay. permits read-only access for the last 90 days of transactions on your account. Your details are securely encrypted, and we do not have the ability to access or manage your account in any way. All data is handled securely in accordance with the Privacy Act (1988), here is our privacy policy and’s privacy policy.

Q. Who sees my internet banking details?

When you enter your banking details, they are immediately securely encrypted. No one can access them or see this information.

Q. What happens to my internet banking details after I input them?

We are only given read-only view, so your income and expenses can be confirmed against what was listed on your application.

Q. What happens to the bank statement information that you view?

This information is used to assess your affordability. It is then kept on your customer file. You can request to access your file at any time.

Q. Can I choose not to use this bank statement service?

No. This secure service forms part of our application process. Unfortunately, if you don’t wish to provide your bank statements this way, you will not be able to apply for a Bond loan with us.

Q. Who can I talk to if I have questions?

If you have any questions, please call us on 1300 324 746 or email us at All rental bond loans are provided by Fair Go Finance.

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Housing Bond Loan Related Resources

  1. Fair Go Finance : is a portal for securing finance with Fair Go Finance Pty Ltd.
  2. National Credit Providers Association : The National Credit Providers Association is a peak industry body of the micro-lending industry, promoting responsible consumer finance.
  3. ASIC : Fair Go Finance Pty Ltd is a licensed Credit Provider registered with ASIC.
  4. Equifax : Equifax is one of Australia’s consumer credit reporting agency who manages, monitors and maintains individual’s credit files.
  5. Financial Ombudsman Service : The Financial Ombudsman Service (FOS) is an external dispute resolution (EDR) scheme provider for the financial services industry, and is approved by the Australian Securities and Investments Commission (ASIC). They provide accessible, fair and independent dispute resolution for consumers and financial services providers.

0% Establishment Fees*

Small loans with Big Savings!

For all small loans up to $2,000, you could be approved for a 0% Establishment Fee*.
(A huge savings of up to $400!)

* This limited offer is currently for good credit customers in recognition of their good credit history.

21 Days Interest Free

Pay it back in 21 days and
pay no interest

Covers you while waiting for your bond refund.