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Bond loans: Can they be used for moving expenses too?

Here at Fair Go Finance, we understand how expensive moving can be. On top of paying for your bond, there are many other moving expenses such as:

  • removalist costs
  • insurances
  • furniture costs and;
  • connection costs

So, can a bond loan be used to cover these expenses too? At Fair Go Finance, the answer is yes.

We can provide bond loans up to $10,000, which enables customers to be able to cover all of their moving expenses in one easy-to-manage loan.

Rather than use a credit card and risk maxing out the card’s limit, we recommend choosing a bond loan instead. You can budget for your monthly loan repayment and have a set direct debit so it’s organised right from the start.

At Fair Go Finance we individually assess you each time you apply with us, we make sure we understand your current financial position and calculate a monthly repayment that is affordable for you. Also, because our rates are fixed, you can be guaranteed that your repayment will never change for the entire term of your bond loan. It keeps things as simple as possible.

If you are moving out for the very first time, setting a budget is important (and essential) because it’s easy to overspend setting up and then somewhat overwhelming when the first utility bills start to arrive.

Overall, whether you are moving out for the first time or are a seasoned mover, one thing’s certain and that’s the requirement to pay a bond.

As bonds can be expensive, let alone the other associated moving costs, you may find yourself in a position where you haven’t saved enough. If that happens, why not consider a bond loan from Fair Go Finance, we’re here to help.

bond loan - boxes for moving home

Are you eligible to apply?

  • I’m 18 years or older
  • I’m employed (not self-employed)
  • I’m paid $500 or more a week into my bank account
  • My income is not solely from Centrelink
  • I’ve not entered into bankruptcy or part 9 agreement within the last 12 months

WARNING - DO YOU REALLY NEED A LOAN TODAY?*

It can be expensive to borrow small amounts of money and borrowing may not solve your money problems.

Check your options before you borrow:
For more information about other options for managing bills and debts, ring 1800 007 007 from anywhere in Australia to talk to a free and independent financial counsellor.

Talk to your electricity, gas, phone or water provider to see if you can work out a payment plan.
If you are on government benefits, ask if you can receive an advance from Centrelink.
https://www.humanservices.gov.au/individuals/online-help/centrelink/apply-advance-payment-your-centrelink-online-account

The Australian Government’s MoneySmart Website shows you how small amount loans work and suggests other options that may help you.

* This statement is an Australian Government requirement under the National Consumer Credit Protection Act 2009.