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All landlords are leeches. Every single one of them.
Burn it all down
Which country is this? Do most landlords do this? /gen
When I lived in NYC, one of my apartments had a tipping option on the website
Peak Landlord Privilege
Hollow tip are best, they spall inside the landlord and are less likely to exit out the back and damage anything of value.
Took me a second, only heard of them as hollow points lol.
I'm sure this is the US. And this is the first time I've heard of it in 35 years of renting.
It's in canada also. My gf had to pay a rental payment fee for the system they use. Same with enwin utilities in ontario. They just installed a new tax for no reason.
Oh it's for a reason, and that reason is "capitalism".
Their investors want not just profits but profit growth. So companies have to come up with new avenues of extracting money from their consumers. It's a fundamental feature of the capitalist system.
And so long as they have private ownership over these things, there is about jack all we can do to stop them.
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.
They now have “freedom” to abuse their customers.
I’m sure you’ll feel that warm wet trickling down any day now
Its the same model as payday loans. It's predatory lending plain and simple.
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.
The only difference between them is the loan shark can't take you to court to get their money back.
Why would anyone do this
I just got a postcard of this in the mail!
It wasn't from the landlord though and it didn't have any identifying information.
What a garbage company.
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.
I just moved from a shithole place that used and promoted Flex. The alternative was $300 late fees.
Same reason people finance their groceries over 4 weekly payments now.
Rocket Mortgage has had this commercial for a couple years where some schlub is trudging back into his house lamenting the fact that six bags of groceries has become two (thanks to inflation). Suddenly his house starts talking to him and reminding him that he could get a Rocket Mortgage loan backed by his small amount of equity and use the money to buy groceries. Dude lights up with joy and dances into this house. It's just beyond fucked that this is obviously one of their most successful commercials. It's amazing that they can turn borrowing money for food into a positive.
I knew we were fucked when dicks sporting goods had a paper printout saying they would finance your yeti cooler on the end cap with the coolers.
I now refuse to ever own a yeti product. GFs family has a few, I refuse. The 2 yeti cups i have were gifts. And a 3rd one we found at a thrift store for $4.
$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.
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.
My apartment complex tried outsourcing their payment portal, attaching a fee to it, and making it the only way to pay.
I ended up going down to the office to write a check in front of them once a month, making sure to complain loud enough to be overheard when they had other people inquiring about apartments.
Apartments these days will nickle and dime you to death. Late in my tenancy, they wanted me to sign up to have my pets put into a database. They were also going to charge $25 per pet per month to have them in the database. You bet your ass I was in their office the next day with my pet addendum to discuss their breach of contract. My rabbits were not the dogs that kept getting loose and shitting all over the place.
Had an apartment a while back, they changed owners and didn't really tell anyone until I got a note on my door saying next months rent, due in a week, can't be done online, needed to be cash check or money order or eviction process would start. What if I was out of the country or working remotely and didn't get the note? No email, no call, just note on the door.
I threw a fucking fit, this was the last straw after a parking lot flooded with gravel, moldy laundry rooms, flooded apartment. Then threaten me with eviction because of their bullshit?
I wrote up my refusal to renew then, like 2 months into a new lease. Made them reimburse me for having to get a money order (don't have checks), then began looking to buy. When renewal came up, they said I needed to renew and raised the prices. I referred them to my email and printout and told them to fuck themselves.
They tried to bill me for cleaning after I moved out, just never replied.
A check, that is petty revenge for sure. We had a portal when we were renting from a slumlord (though we were renting a ridiculously awesome house from them for a reasonable price, one they owned themselves, most of their portfolio was dumps owned by Chinese people who bought them unseen) and yeah it had a fee but $3/month was the fee. I still thought it was funny, paying online is cheaper for them than dealing with my paper check, but we have to cover the cost of online portal but not the check? I'd probably charge people for giving me a check and make online free, if anything.
We did pay pet deposit, not pet rent. Fair I think, pets do add liability, even rabbits might get stressed and piss in the corner or something.
Go the steam route, make it as convenient as possible and people will be happy to give you money.
rabbits might get stressed and piss in the corner or something.
Oh yeah, they're little pissers.
However, we already had a pent addendum, and laid out the pet fees and conditions for keeping the rabbits in the apartment. We also don't let them on carpet because eating synthetic fibers can bind up their gut and cause them to die horribly.
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
When you're rich everything is free and when you're broke it costs a lot.
This is clownshit.
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.
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.”
Report the emails as spam, especially if they're from the loan shark directly.