The Top 5 Benefits of DIY Online Rental Payments

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The Top 5 Benefits of DIY Online Rental Payments

Historically, tenants paid their rent in one of two ways, either with cash or with a check, but DIY online rental payments technology has changed all of that and made it even better for the millions of tenants who rent around the United States. Here are a few of the ways that DIY online rental payments have improved the quality of life for tenants.

The first and most important aspect of online payments is the convenience aspect. Withdrawing cash from your bank account or writing a check to give to your landlord took some time during an individual’s day. The process now is effortless for tenants when using companies like Rezedent. In the times of old, you had to wait several days for the check to clear or for the landlord to deposit your cash. Now it happens in an instant. Tenants can now just log into their account and pay their rent, taking less than a minute.

The convenience of online payments eliminates the possibility of losing checks and time. Online platforms also have a record-keeping service for each account. With technology, paying rent can be as easy as having the account in autopay mode, with no input from the tenant at all. Online systems allow tenants to make the payment process much more transparent than before. The system shows all of the payments made, along with an itemized bill and records of all payments.

Having an excellent credit score opens many doors to borrowers, from lower interest rates to easier rentals. Paying your rent online and consistently will improve your credit score in the long run. The method has never been more secure and simple than it is today.

For tenants, paying online is incredibly easy. They can log in at any time and submit the payment in less than a minute or they can have autopay enabled, with all payments being itemized and recorded. For landlords, the choice has never been easier, especially with companies like Rezedent. The platform allows tenants to pay them and request maintenance calls without having to constantly deal with calls, freeing up valuable time. 

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