Having an extra thirty days to pay rent and avoid a late fee has been a major benefit to cash strapped renters.
New York, NY (PRWEB) July 26, 2012
RentShare, an online rent pay service, now lets its customers pay rent with a credit card to any landlord in the United States. For a 2.8% transaction fee, RentShare processes the credit card payment and delivers a rent check on the renter’s behalf.
Having an extra thirty days to pay rent and avoid a late fee (often $50 or more) has been a major benefit to cash strapped renters. In addition, credit card holders can use this opportunity to build their credit score by consistently paying off a large sum like rent on time.
“As a freelancer, with irregular paydays, I don’t always have enough money in the bank on the first of the month to cover rent,” said RentShare user, Sean Brennan. “It’s comforting to know that I have the option to put rent on my Visa card and that I don’t need to stress about late fees or an angry landlord, or worse!”
While the option to use a credit card can be a big help to some, RentShare management is quick to point out that it can be dangerous and irresponsible if one is not able to fully pay off his or her balance within that credit cycle.
RentShare.com is dedicated to modernizing how to pay rent and how roommates share household expenses. With RentShare, all renters can make online rent payments to any landlord.
RentShare is headquartered in New York, NY and can be contacted at [email protected]