Guides on Renting

Guides on RentingHow to Streamline Your Bond Loan Application and Get Approved Faster
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Oct 17, 2024

Learn how to streamline your bond loan application with key strategies like choosing the right provider, preparing accurate documents, and improving your credit. Tips include leveraging online platforms, prompt communication, and timing your application for faster approval.

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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%.