Rental Bond Loans Tasmania

Tenants in Tasmania have three options when paying their rental bond:

• Online - Tenants can pay their bond online through the Consumer, Building and Occupational Services (CBOS) MyBond portal.
• Service centre - Tenants can physically go to a service centre and speak to a Service Tasmania representative.
• Real estate agent - If tenants would rather pay the bond through the real estate agency, they should contact them and discuss further.

In Tasmania, the Rental Deposit Authority (RDA) holds all rental bonds. When claiming a rental bond back, either the owner/agent or tenant can start the claim process.

An owner or agent must:

• start a claim in MyBond within three working days of the tenant(s) returning the keys, or
• advise the tenant(s) why they have not yet lodged a claim and when they are intending to do so.

A tenant can claim the bond if:

• the owner/agent has not made a claim within three working days of the tenant handing back the keys or
• the owner/agent has not indicated when they will make a claim.

If an owner is claiming any part of the bond, the owner must give the tenant a list of reasons for the claim.

Here are some reasons an owner could claim the full or part of the bond:

• Re-letting costs
• Mitigation of loss
• Carpet cleaning
• General cleaning
• Repairs
• Mould
• Gardening
• Fumigation
• Pests

A tenant is obligated under section 53 of the Residential Tenancies Act 1997 to return the property in the same condition as it was at the beginning of the tenancy, apart from 'reasonable wear and tear'. Where an owner makes a claim against the bond for damage, the Commissioner will assess each claim on its individual merits.

To find out more about what can and can't be claimed, visit the CBOS website.

If the owner claims the bond and the tenant disputes the claim, or does not respond to the claim within 14 days in MyBond or to the RDA, the RDA will refer the claim to the Residential Tenancy Commissioner.

When a dispute is referred to the Commissioner, a notification is sent to the parties from MyBond. The notification advises them of the dispute and requests information ('evidence') that will be used by the Commissioner to make a decision about the claim and bond payment. The decision is called a Determination.

The Commissioner will assess the evidence and issue a 'Determination', stating how much of the bond is to be disbursed to which parties. Money not due to the owner is paid first to any bond deposit contributor, and then to the tenant(s).

For more on disputing a bond claim, visit the Tenants' Union of Tasmania.

Keeping the premises in good condition is always a step in the right direction, especially near the end of your tenancy. Bond cleaners are also an available service if you deem your rental in need of a good clean.

Another way to help you get your bond back is your Entry Condition Report. The more photos you take of any existing damages before you start dwelling in the property, the more evidence you have to show if the lessor pulls you up on damages you, your co-tenants or guests weren't responsible for when the lease ends.

The main two bodies for renting in Tasmania is CBOS and Service Tasmania. These organisations are governed by the Residential Tenancies Act 1997.

The union for renters in Tasmania is Tenants' Union of Tasmania. This organisation not only provides helpful resources, they also provide free legal advice, representation and education, as well as advocating for the improvement of tenants' rights.

Jacaranda offers three loan products with varying loan amounts that you could borrow:

• Jacaranda Express Personal Loan: $5,000 to $25,000
• Jacaranda Cash Boost Loan: $2,100 to $4,600
• Jacaranda Car Loan: $10,000 to $25,000

For detailed information about who our products are designed for, please review our Target Market Determinations.

Use our loan repayment estimate calculator to get a guide on what your repayments could be. To get an idea of what rates, fees and charges are associated with our loan products, visit our rates and fees page.

As Jacaranda is a 100% online lender, you can apply for a rental bond loan from any state/territory across Australia:

• SA Rental Bond Loans
• QLD Rental Bond Loans
• NSW Rental Bond Loans
• VIC Rental Bond Loans
• TAS Rental Bond Loans
• ACT Rental Bond Loans
• WA Rental Bond Loans
• NT Rental Bond Loans

Our loan application process has been designed to be as simple and quick as possible, as we know how important it is to receive your funds in a timely manner. How quickly you can apply for a personal loan and receive your funds will depend on your situation.

Applying for a loan with Jacaranda Finance takes most people 5-12 minutes¹, but it could take longer depending on a number of factors such as but not limited to how fast you are at typing or if you have all the required information on hand.

After applying, most customers get an outcome on their loan application on the same day during normal business hours once we have received all of the supporting information we require. We do not guarantee same-day outcomes for all customers.²

Once an applicant has been approved and they have signed a contract, we automatically attempt to release the money to the applicant's bank account. Most customers have a New Payments Platform (NPP) bank account and receive the money in their bank account within 60 seconds. For other customers, the money will be available overnight on weekdays and overnight the following business day if approved on a weekend or public holiday.³

We use the information you provide in the online application form as well as information on your bank statements to make sure that you qualify for a loan product during our credit assessment. If you don't qualify, your application will be declined without a credit check being conducted.

Once we have verified that you meet our non-credit report-related criteria, we do perform a credit check as part of our credit assessment, where an inquiry will be left on your credit file.

We will never perform a credit check without your express consent, which you provide to us when you apply for a loan with Jacaranda Finance. We store your acknowledgement and consent for seven years, and it can be supplied on demand.

There are four credit reporting bodies that we may use to conduct a credit check:

• Equifax
• Experian
• illion
• Talefin

Review our Privacy Policy for more information.

A loan with Jacaranda Finance is a flexible option you can use to pay for some of life's biggest expenses: planned or unexpected.

Here are some of the most common reasons our customers take out a loan:

• Holidays & travel
• Rental bonds
• Buying furniture or white goods
• Car repairs
• Debt consolidation
• Medical & dental bills
• Vet bills
• Home improvements & renovations
• Weddings
• Buying a car