About Pay My Rent Bond
Pay My Rent Bond is a rental bond product that helps renters all around Australia to get into their new places sooner. Powered by Ferratum, one of Australia's best known and most trusted lenders, Pay My Rent Bond helps hundreds of Australian's each week pay their rental bonds sooner. At Ferratum, we noticed that there was a distinct need for a rental bond product in the market, so we created Pay My Rent Bond to fill that gap. Many people need to pay their rent bond before they even receive their previous rental bond back from their current property, this means that many people have to come up with the cash for their new rental bond in the short term, hence Pay My Rent Bond as a product was born.
At Ferratum, we give you clients the freedom to distribute and choose where their money goes. If you needed fast cash to cover your rental bond, we can help you there, however, there are other costs associated with moving house and renting like delivery charges, removalists, fuel, car or truck hire and more. With a Pay My Rent Bond cash loan you get to choose where your money goes. Other lenders might pay directly to your real estate agent or to a trust account, this means you will never see the money or get to decide how to best allocate it. With Pay My Rent Bond, you receive the cash direct to your bank account which means you're in charge.
Loan terms vary and are up to you as the c ustomer but range from 30 days to 6 months in length and you can borrow up to $1,900 towards your rental bond. The application process is easy and takes only a few moments to complete, then once submitted, you will receive credit decision in minutes and if approved your funds will be distributed to your bank account in as little as an hour*
10 reasons to use Pay My Rent Bond
- No hidden fees or charges
- Applications and approvals in minutes
- Receive your cash in as little as an hour*
- No face to face meetings
- No paperwork
- Backed by Ferratum Australia
- Apply 24 hours a day, 7 days a week
- Apply on the go from your mobile
- Our best in class, customer support
*Subject to the processing times of your nominated financial institution. Approved applications made outside of business hours will be paid next business day.