Fast Approval Bond Loans ACT - Secure Up to $10,000 Instantly for Your Rental Bond

Bond Loans ACT

Applying is quick and easy!
With a ACT bond loan, you can easily cover your new rental bond and other moving expenses.
Bond loans remove the stress from moving between rentals.
Get a pre-approved bond loan.

START YOUR ACT BOND LOAN

How to Apply for a Bond Loan in ACT

Apply Online

Get fast approval for your bond loan

Get your funds

We will transfer the funds to your bank

Pay off your bond loan

Easy repayment options

How do Bond Loans work in ACT?

Most landlords or agents will ask you to pay a bond when renting a residential property. A bond acts as a security for the performance of the tenant’s obligations under a residential tenancy agreement. Lessors and agents are not required by law to take a bond from a tenant, however, if they do receive a bond, they are required to lodge it with the ACT Revenue Office. Bonds can be any amount up to a maximum of four weeks rent. Lessors and agents must give the tenant a receipt as proof of payment of the bond. Occupancy agreements may require a security deposit be paid.

Accurate at March 2024 – Source – ACT Government

Bond Loan ACT FAQ

What is a Bond Loan in ACT?

A Bond Loan in ACT is a personal loan provided to cover the rental bond required when leasing a property. It’s designed to help renters manage the upfront costs of renting.

How do I qualify for a ACT Bond Loan?

Eligibility for a Bond Loan typically depends on your income, rental history, credit score, and current financial situation. Some programs are specifically aimed at low-income earners or first-time renters.

Are Bond Loans interest-free?

Some Bond Loans, especially those offered through government assistance programs, are interest-free. However, private lenders may charge interest on these loans.

How much can I borrow with a Bond Loan?

The amount you can borrow varies depending on the lender and your circumstances. Typically, Bond Loans cover up to 4 weeks of rent, aligning with the maximum rental bond charged in most states.

How long does it take to get a Bond Loan?

The processing time for a Bond Loan can vary. Government programs may take a few weeks, while private lenders might offer quicker approval, sometimes within a few days.