Renters use ‘rent now, pay later’ services to manage monthly payments, but fees raise concerns

As Americans Struggle With Soaring Housing Costs, ‘Rent Now, Pay Later’ Services Are Booming

Dividing up large expenses, like rent, can help people with volatile paychecks, especially gig workers — but there are dangers, too.

Renters turning to 'rent now, pay later' services to manage payments

Rent can eat up an entire paycheck at the start of the month, so a growing number of renters are turning to a financial product that promises relief by letting them split the bill — for a price.

Renters use 'rent now, pay later' services to manage payments, but fees raise fears

Rent can eat up an entire paycheck at the start of the month, so a growing number of renters are turning to a financial product that promises relief by letting them split the bill — for a price.

Some renters should be wary of 'rent now, pay later' services. Here's why

Consumer advocates warn these products typically function like short-term loans, layering fees onto already strained budgets.

Americans are so broke and housing is so expensive that 'rent now, pay later' is on the rise

Companies such as Flex, Livble and, more recently, Affirm, say breaking rent into multiple payments can help renters manage cash flow. Beware, experts say.

Services offer 'rent now, pay later' payment options to cover rent, but fees raise concern

Rent can eat up an entire paycheck at the start of the month, so a growing number of renters are turning to a financial product that promises relief by letting