Did you look carefully for an e-check/bank account option? In similar complaints, I’ve seen people frequently miss that.
$15 plus 1% of rent plus card processing fees.
If your rent is $1200 and there’s a 3.5% processing fee, you’re looking at $70/month in extra fees.
Move. Into the streets of needed. Say no to insane bullshit
no
14.99 plus payment fee of 1% of rent amount. So if your rent is 2k that’s another $20 per payment.
For what? Please tell me this is not the only payment option.
after looking at their site…oh fuck no.
they offer lines of credit to pay your rent. but you have to pay back said credit by the end of the month so…why? If you’re having trouble paying your rent getting a line of credit to cover it and then having to pay back said credit by the end of the month on top of a percentage AND membership fee it just sounds exactly like a payday loan where you KNOW they hope you roll over so you’ll never be able to catch up.
The US loves their useless, expensive middlemen.
Its the same model as payday loans. It’s predatory lending plain and simple.
They now have “freedom” to abuse their customers.
- https://www.politico.com/news/2025/11/11/trump-administration-declares-cfpb-funding-illegal-00646354
I’m sure you’ll feel that warm wet trickling down any day now
It is a payday loan in the most classical sense that’s why it exists.
Sometimes people aren’t able to pay by the first so they have to get it paid somehow it absolutely relies on getting paid later on to pay off the loan.
They’re just one half step above being a loan shark.
Innovation! They cut out the middle man and let’s you get screwed by just your landlord instead of the landlord and Copperhawks.
Landlord’s brother probably runs the loan place.
Which country is this? Do most landlords do this? /gen
When you’re rich everything is free and when you’re broke it costs a lot.
Same shit as with pet screening. I already have to pay a $200 deposit for having a cat, a $30 per month fee for both cats and now $40 per cat per year for pet screening.
Lmao my landlord sent me a link to some pet screening thing I was meant to pay for.
But they forgot that that isn’t actually in my lease so I just ignored it.
My pets are all illegal aliens
Why would anyone do this
Same reason people finance their groceries over 4 weekly payments now.
Short answer: late stage capitalism
Long answer: Because they don’t have enough money to make rent on time and the associated fees are less than the late fees. Being poor is expensive.
What does your lease say about payment and methods of payment?
I would suggest physically handing a nice big bag with a mix of nickels, dimes and quarters to a designated recipient.
Most leases these days specifically do not accept cash. However, I believe in most states, they are required by law to accept bank transfers without a fee.
Is the penny not legal tender anymore now that they aren’t minting them?
Pretty sure that is not how it works. There just wont be New ones
Pennies are too easy to separate out.
But if you like, throw in $2 worth of pennies. And a few $2 bills. I’m still not sure they are real 😂
How is this different than putting 1/4 of your rent in a separate account each week?
You have to pay $14/month, plus processing fees on top of it.
Yep me too. It’s gross.
Can he force you to enter a contract with them? Sounds illegal.
No, I still have the option of paying it all at once without going through this finance company. But they’ve been spamming my email letting me know about the “new payment option.”
All at once? It’s either monthly with fees or a whole year of payments? This sounds illegal but what’s legal these days. I would say fuck this guy and give him a check every month and if he refuses then put it in a escrow account and tell him if he will only take one lump payment then he can wait until the end of the year to collect it.
By forcing lump payments they are removing your bargaining power when shit goes wrong. Withholding rent is the only power a renter has.
I mean all at once as a monthly payment, not for the full year.
Ahh then just block the emails.
That’s when you reply to the company and tell them that you find their policies rather predatory and not too dissimilar from low-class “payday loan” companies and that you want them to remove you from their mailing list and you will from now on mark any emails from them as spam, and sent straight to the trash.
CC it to the landlord as well.
He has the right to use their services, but you have the right not to do business with them. Your agreement is with the landlord NOT a third party that came in after the fact.
Report the emails as spam, especially if they’re from the loan shark directly.
Your landlord is a fool! They should have raised the rent by that same amount and then offered you a $10 a month discount to pay it all at once.
Rookie doesn’t know how to play a numbers/scam game. /s
In truth, sorry you are only being given such a scummy “option”. The simple math shows that the more often you pay (i e. the earlier the recipient gets your money) the more they make in the long run. They should just do that and be decent about the whole thing.
Yeah my place has this too, it’s an option if you want to split your rent into two payments… ie you don’t have enough to make the whole payment.
Sign of the times for sure
This is clownshit.
