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Housing Expense Support

Before taking out a loan for a rental bond or to fund housing expenses, check to see if you are eligible for government funding assistance.

State Bond and Rent Assistance

We understand that moving is stressful, especially when you must come up with the money for a bond and often must pay a month’s rent up front. If you can’t get access to a loan from the Banks or don’t have access to a credit card, we at Cash Direct are always here to help with our Cash Direct rental bond loans.

However, before you apply for a rental bond loan with Cash Direct you should see whether you are eligible for any bond/rental assistance from the government.

Centrelink offers Rental Assistance payments to people on certain Centrelink benefits who are either renting, lodging, pay fees in a retirement village or pay site or mooring fees if live in a caravan or boat.

To see if you are eligible for Rent Assistance click here.

You could also be eligible for a bond loan or rent assistance from your state/territory government. The rental bond loans are interest free and you usually pay the loan back when you get your bond back. For more information and eligibility criteria for these government loans please click your relevant state/territory link.

Resources

Rental Bond Loan or Housing Expense Loan

However, if you still wish to apply for a Cash Direct small bond loan you are more than welcome to. Our small bond loans are for between $200-$3000 over a 1 to 12 month period. They can be used to repay part or all your bond. If you are interested the best way is to apply online, it only takes a couple of minutes

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Frequently Asked Questions

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Can I get a loan from Cash Direct for a rental bond or housing expenses?

Yes, Cash Direct offers "Cash Direct rental bond loans" and "Housing Expense Support Loans". These are designed to help individuals who cannot access loans from traditional banks or use a credit card for housing costs.

How fast can I receive funds from a Cash Direct Housing Expense Support Loan?

Once your application is approved, Cash Direct's Small Cash Loans, including those for housing expenses, can be paid within 60 minutes.

What are the repayment terms for Cash Direct Housing Expense Support Loans?

Cash Direct's small bond loans can be repaid over a 1 to 12 month period. Small Loans generally have terms of up to 3-12 months.

Is Cash Direct affiliated with Centrelink or Services Australia for housing assistance?

No, Cash Direct is not affiliated with, or endorsed by, Services Australia. However, they do provide Cash Loans, Personal Loans, and Vehicle loans for people receiving Centrelink Benefits.

What is Centrelink Rental Assistance and how can I check my eligibility?

Centrelink offers Rental Assistance payments to people on certain Centrelink benefits who are renting, lodging, or paying fees for a caravan, boat, or retirement village. You can check your eligibility by clicking the provided link on the Cash Direct website.

How much can I borrow for a rental bond or housing expense loan from Cash Direct?

Cash Direct's small bond loans are available for between $200 and $3,000. For general Small Cash Loans, amounts typically range from $200 to $2,000.

What are the fees for a Cash Direct rental bond or small housing expense loan?

For Small Loans of $2,000 or less, there is a 20% establishment fee of the amount borrowed and a 4% monthly fee of the amount borrowed. For example, a $1,000 loan repaid over 4 months would equate to a total payable of $1,360.

Should I check for government housing assistance before applying for a Cash Direct loan?

Yes, it is strongly recommended to check if you are eligible for government funding assistance before taking out a loan for a rental bond or housing expenses. Government rental bond loans are often interest-free.

Can I repay my Cash Direct Housing Expense Loan early without extra fees?

Yes, you can repay your loan any time without being charged additional fees, which will reduce your overall interest and fee cost.

Where can I find information about state/territory government rental assistance programs?

You can find information and eligibility criteria for state/territory government bond loans and rent assistance (which are often interest-free) by clicking the relevant links for VIC, NSW, QLD, ACT, TAS, SA, NT, and WA provided on the Cash Direct website.

Frequently Asked Questions

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