thread: Short term loans for rental bond

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  1. #1
    Registered User

    Jan 2007
    where cosmopolitans and margaritas flow all night
    2,794

    Question Short term loans for rental bond

    Has anyone got an experience with taking out a short term cash loan to pay a rental bond? We're moving soon, currently looking for another rental and will probably have to do this. I want to hear from anyone who has done this and your experience.

  2. #2
    Registered User

    Jan 2008
    3,305

    Has anyone got an experience with taking out a short term cash loan to pay a rental bond? We're moving soon, currently looking for another rental and will probably have to do this. I want to hear from anyone who has done this and your experience.
    yep i have with homeswest they do rental bonds interest free too dont know what ur situation is tho

  3. #3
    Registered User

    Sep 2008
    1,350

    The Dept of Housing used to give long term, no interest, bonds. That get sent back to them when you move out of the property. Not sure if they still do.

  4. #4
    Registered User

    Jan 2008
    3,305

    The Dept of Housing used to give long term, no interest, bonds. That get sent back to them when you move out of the property. Not sure if they still do.
    thats who i was talking about

  5. #5
    Registered User
    Add ~clover~ on Facebook

    Sep 2007
    travelling
    9,557

    Dept of housing do them, they pay 3 weeks of the bond in NSW, but you guys are both working, so I really don't think you'd be eledgable. You have to have income under a certain amount which is set by the number of people living in the house.
    Baisically, around (not much more) than if you were only living on centrelink benifits.

  6. #6
    Registered User

    Jan 2007
    where cosmopolitans and margaritas flow all night
    2,794

    Baisically, around (not much more) than if you were only living on centrelink benifits.
    I'll google it, but based on my income I don't think we'd qualify for that. I have been googling other companies that do short term loans for this kind of thing.

  7. #7
    Registered User

    Dec 2005
    4,840

    The Dept of Housing used to give long term, no interest, bonds. That get sent back to them when you move out of the property. Not sure if they still do.
    They do but you have to have already found a property to rent and be in need of serious financial assistance, prob best to ring and ask them if you qualify.