I don't understand how you avoid fraud. Do you accept this plan for the first payment, or the contract must have a minimal amount of good months?
> Did I mention it's free?
How are you going to get money? Will you charge for a similar service once the pandemic is over? Are you going to use this to offer insurance?
> I don't understand how you avoid fraud. Do you accept this plan for the first payment, or the contract must have a minimal amount of good months?
We decided that the best and quickest way to help is to offer a platform that allows landlords or tenants create installment plans between themselves.
> How are you going to get money? Will you charge for a similar service once the pandemic is over? Are you going to use this to offer insurance?
The installment plan and monthly rent payment tools will remain free during and after the pandemic. We will be working on paid features in the future.
If the tenant can't pay the rent, do you give the money from your pocket to the landlord and collect that money split in small parts during the following months?
Landlords and tenants decide on the payment plans with the monthly amounts that work for both sides. Tenants make payments directly to landlords.