What it can cover
- Removalists or truck hire.
- Packing materials and storage.
- End-of-lease cleaning.
- Connection fees for power, gas and internet.
- Moving to a new city for work or family.
Check these before you borrow
Compare removalist quotes
Ask whether the price is fixed or hourly, what insurance is included and what’s extra.
Move less
Selling or donating what you don’t need can make the move smaller and cheaper.
Ask your employer
If you’re moving for work, your new employer may pay some moving costs.
Pick your timing
Midweek and quieter months can cost less than weekends and the end of the month.
How the loan works
It’s the same loan whatever you use it for. Your offer and contract show your exact figures before you accept.
| Feature | What it means |
|---|---|
| What you can borrow | $2,050 to $4,600 in cash, in $50 steps |
| Establishment fee | $400, added to the loan, so the total stays within $5,000 |
| Length | 3 or 6 months |
| Repayments | The same amount each time, weekly, fortnightly or monthly, timed to your pay. The first is at least 7 days after the loan is paid. |
| Interest | A fixed rate, charged only on what you still owe |
| Paying early | Allowed at any time, with no early repayment fee |
| Security | None. The loan is unsecured |
| How you get the money | Paid into your own Australian bank account, if you’re approved and accept |
When this loan isn’t the right fit
- Ongoing rent or bills at your new home.
- Everyday bills or living costs that keep coming back.
- Paying off other loans or debts.
- Anything for a business, investing or gambling.
- If the repayments would leave you short for essentials. Free, confidential help is available from the National Debt Helpline on 1800 007 007.
Questions
Can I use it for bond and moving together?
Yes, as one loan, as long as the total cash is within $4,600.
Is moving for a new job a reason I can choose?
Yes. Moving for work or family is a common reason.
How quickly is the money paid?
If you’re approved and accept your contract, the money is sent to your own bank account. Timing depends on your bank and our checks, so we can’t promise when it will arrive.
Can I pay it off early?
Yes. You can repay early at any time, with no early repayment fee. You only pay interest for the time you have the money.