I recieved an email with a newsletter promoting a new product to agents & landlords. It tells me you can apply to pay unexpected bills, marketing costs, upgrades or rent shortfall. Sceptical me, WTF? Is it a credit facility or an afterpay product? Dig, Dig, Dig - Aust Credit Licence, tick. Interest rate - 16.99% pa (at least it's cheaper than some credit cards). Loan term - 24 months. No penalties for early payout or setup costs Big trap for the unwary - borrowing to cover a rent shortfall then using the money to pay off your cheaper IO loan (yeah but nah). No idea of how many agents are offering this to their LL's but its not an afterpay arrangement but short term credit. Don't get caught out If asked.