Renters use rent now, pay later' services to manage monthly payments, but fees raise concerns
Rent-now-pay-later services let renters split monthly rent for fees that ease cash flow but often operate like costly short-term loans with high effective interest.
Americans are so broke and housing is so expensive that 'rent now, pay later' is on the rise | Fortune
Rent-now-pay-later services split rent into multiple payments for fees that can operate like high-cost short-term loans, easing cash flow but increasing overall costs.
