32 percent of renters have been unable to pay rent for a third consecutive month. U.S renters now owe an estimated $21.5B in back rent
SAN DIEGO (PRWEB) September 25, 2020
According to a survey by Apartment List, 32 percent of renters have been unable to pay rent for a third consecutive month. U.S renters now owe an estimated $21.5B in back rent according to Stout, Risius, and Ross. As renters across America wade into uncharted territory, RentMoola, an online platform that provides renters and their landlords more flexibility and financial control of their operations and payments, is offering breakthrough solutions that help renters across North America manage their situation during global pandemic, when renters need it most..
“Our solutions have provided a lot of flexibility to renters and their landlords during these changing times,” said Missy Galang, Head of Marketing for RentMoola. “Our entire team has been working overtime to not only help our customers adapt to this new normal but also to speed up our roadmap to provide more relevant solutions that can help alleviate these fears.”
RentMoola’s platform recently launched services that provide sources of liquidity, such as tenant-friendly credit options and a line of credit for property managers. The platform offers convenient and contract free avenues for digital payments including via credit, debit, bank transfer, and digital wallets, as well as over the phone and in-store in over 85,000 locations nationwide, and more.
Among the many solutions already available or coming soon are apartment listing, renter’s insurance consolidated in one dashboard, online tenant communication and community building, and tenant screening with smart data beyond credit scores — which may not be representative of someone’s creditworthiness at this time.
“They treated us and our tenants with utmost professionalism and supported us every step of the way with helping tenants pay online. They really want to help us, and their top-notch customer service made me all the more eager to push everything that RentMoola has to offer.” said Manuele Adrian Mizzi, Director of Property Management at North44 Property Management.
Because of the company’s dedication to their customers, RentMoola recently received its third recognition for the year as a top Recommended Payment and Card Solution Provider by Enterprise World. Prior to that, it was named among the top 50 Most Trustworthy Companies in the world by Silicon Review and was named a Top Fintech Disruptor by CIO Review.
About RentMoola
RentMoola is a cloud platform that empowers consumers to take control of their finances through a simple, integrated, and secure solution that is powered by a digital platform. Visit https://rentmoola.com/ for more.