5 Costs That Moving Loans Cover

Overview

• Can I get a loan to help me move?
• 5 costs that moving loans cover
• Make moving stress-free with Red Tree Finance

Yes, if you’re moving house and need a loan, you might apply for a moving loan to help you get your feet on the ground. At Red Tree Finance, we offer fast loans so you start planning out those moving expenses. But what does a moving loan cover? Let’s dive in.

One of the initial challenges during any move is getting your belongings from your current location to your new home. The expenses associated with hiring transportation, whether it’s a moving truck, van or shipping container, can add up quickly.

Loans for moving houses are a practical solution to cover these costs, to make sure you have the funds to hire anything you need to safely move your things.

While a do-it-yourself approach to moving can be an option, sometimes it’s better to leave it to the professionals. You might decide to hire professional movers if you have stairs at either end of the journey or large furniture items like a heavy table or a large bed. The costs of hiring help can be significant, but moving loans are designed to help with this financial burden.

By providing the necessary funds, a moving loan makes it possible to hire professional assistance, minimising the risk of damage to your belongings and keeping you from getting hurt trying to move something that’s too heavy.

Sometimes it’s hard to get moving times right, and timing mismatches between moving out and moving in can lead to the need for temporary storage. This is one of those expenses many people overlook, thinking it won’t happen to them until it does.

Moving loans can help pay these storage fees, providing the flexibility to coordinate your move.

Packing is a fundamental part of any move, and the costs associated with boxes, tape, and other supplies can add up quickly. Moving loans offer a solution to cover the expenses of obtaining the necessary packing materials.

This financial support allows you to focus on the logistics of packing, rather than worrying about how much it’ll cost.

Securing a new rental property often involves paying a bond upfront, a substantial financial commitment. Not everyone has the necessary savings to pay for a bond outright, especially if you’re upgrading into a bigger and better place. A moving loan can cover your rental bond and the first two weeks rent so you can secure your new home.

Moving shouldn’t be a financially overwhelming task, and with the right support, you can start your journey with confidence. At Red Tree Finance, we offer personal loans up to $5000 to cover all your moving expenses. Our instant loans are so fast, you can get approved and have the money in your account by the following business day. For more information, contact us now.

How quickly can I expect my moving loan application to be processed?

At Red Tree Finance, we understand that moving house is a busy time and money is a necessity. If approved, we provide your funds within 24 hours, so you can get on with booking your move.

Are there any specific eligibility criteria for moving loans?

To be eligible for a relocation loan, you need to:

• Be 18 years old or above
• Be a permanent resident or valid visa holder
• Own an unencumbered vehicle registered in your name
• Have been employed for at least 3 months (casual, part-time or full-time

Can an employer pay for relocation expenses?

If you happen to be moving for work, there are some circumstances where your employer or the Australian government provide compensation or pay for moving expenses. To learn more about whether you’re eligible for relocation assistance, visit the Services Australia website.

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The information provided in this blog is of a general nature and is provided without considering your specific objectives, financial situation, or needs. It is intended for informational purposes only and should not be relied upon as financial, investment, or other professional advice.

Before making any financial decisions or taking action based on the information presented, you are strongly encouraged to assess its appropriateness in light of your individual circumstances. Red Tree Finance does not intend to provide personalised financial advice, and you should seek independent financial, legal, tax, and other relevant advice tailored to your unique situation.