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Mybond Blogs

Learn everything you need to know about renting and bond loans

How First Time Renters Must Prepare for a Rental Property Inspection

By understanding the purpose of rental property inspections and preparing effectively, renters can avoid unnecessary deductions and protect their rental bonds online.

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What to Look for in a Property: First-Time Renter Checklist

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What to Do if You Can’t Pay Rent: Options for First-Time Renters

This article covers what options first time renters have in the event that they can't pay their monthly rent.

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MyBond Pty Ltd ACN 644 744 972 credit representative no. 545282 is the credit representative of MyBond Money Pty Ltd ACN 653 707 138 Australian credit licence number 536096 (the “licensee”) and is authorised by the licensee to engage in all credit activities covered by its Australian credit licence.‍

‍* The comparison rate is specific to a $2,500 loan over a two-year term with a $1250 upfront fee, based on 25% of the loan principal advanced (rental bond amount) and monthly repayments. Any deviation in loan principal advanced amount, term, or additional fees and charges can result in a different comparison rate, and the given comparison rate only applies to the presented example. The example assumes timely repayment as per the loan agreement, or additional fees and charges may apply.‍

‍** Fees are based on loan principal advanced. The comparison rate is specific to a $2,500 loan over a two-year term with a $400 establishment fee and fortnightly repayments. Any deviation in loan principal advanced amount, term, or additional fees and charges can result in a different comparison rate, and the given comparison rate only applies to the presented example. The example assumes timely repayment as per the loan agreement, or additional fees and charges may apply. 1. Has a comparison rate of 59.646% | 2. Has a comparison rate of 66.129%.