Split rent into smaller payments
Say goodbye to lump sum payments and hello to flexible, rewarding rent that lets you breathe easier each month.
Split rent into smaller payments
Say goodbye to lump sum payments and hello to flexible, rewarding rent that lets you breathe easier each month.
Improve your cash flow
Help you pay rent on time
Build your credit history
Your on-time rent payments may be reported to TransUnion, helping you build your future.
Stretch your cash further
How Flexible Rent works
Sign up and create your schedule
We’ll perform a soft credit check to check your eligibility. Then, create a rent payment schedule that fits your finances.
Pay part of your rent up front
Flexible Rent uses your 1st payment and credit line to help pay your full rent to your property on time. We can automatically pull funds or you can manually initiate the Flex payment process.
Your rent gets paid
Depending on your property, we will either pay your rent directly or provide you with a payment method for you to submit your rent through your rent portal.
Flex-integrated properties
If your property is integrated with Flex, we’ll pay your rent directly to your property after processing your 1st payment.
Properties not integrated with Flex
If your property is not integrated with Flex, we’ll provide a Flex bank account or debit card for you to submit your rent through your portal after processing your 1st payment.
Flex-integrated properties
If your property is integrated with Flex, we’ll pay your rent directly to your property after processing your 1st payment.
Properties not integrated with Flex
If your property is not integrated with Flex, we’ll provide a Flex bank account or debit card for you to submit your rent through your portal after processing your 1st payment.
Pay us back on your schedule
Payments will be automatically processed according to your payment schedule, or you can pay through the app when convenient.
Paying with Flexible Rent
| Payment type | You pay | Example payment dates |
|---|---|---|
|
1st payment |
$909* |
1st of each month Flex will start collecting your 1st payment as soon as your rent is posted on the rent portal which can be as early as the last day of the prior month. |
|
2nd payment |
$606* |
15th of each month You have the flexibility to choose your 2nd payment date and select any day up to the last day of the month. |
|
Membership fee |
$14.99 |
15th of each month |
*Example payments include a 1% bill payment fee. You may be subject to an additional $3 property passthrough fee for each month you use Flex, depending on your property. There is no processing fee when paying with a debit card. An additional 2.5% processing fee applies when using a credit card.
| Payment type | You pay | Example payment dates |
|---|---|---|
|
1st payment |
$909* |
1st of each month
Flex will start collecting your 1st payment as soon as your rent is posted on the rent portal which can be as early as the last day of the prior month.
|
|
2nd payment |
$606* |
15th of each month
You have the flexibility to choose your 2nd payment date and select any day up to the last day of the month.
|
|
Membership fee |
$14.99 |
15th of each month |
*Example payments include a 1% bill payment fee. You may be subject to an additional $3 property passthrough fee for each month you use Flex, depending on your property. There is no processing fee when paying with a debit card. An additional 2.5% processing fee applies when using a credit card.
| Type of credit line | Pricing |
|---|---|
|
If you have an unsecured credit line equal to a portion of your rent bill |
If using a credit card, a 2.5% card transaction fee
|
|
If you have a secured
credit line equal to your entire rent bill |
|
*Pricing and features are subject to change. For the most accurate pricing information, you can check the Flex app or contact our support team for assistance.
| Type of credit line | Pricing |
|---|---|
|
If you have an unsecured credit line equal to a portion of your rent bill |
• $14.99 monthly membership fee • 1% bill payment fee
If using a credit card, You may be subject
to an additional $3 property
passthrough fee for each month you use Flex, |
|
If you have a secured credit line equal to your entire rent bill |
• No monthly membership fee • 2% monthly interest (24% APR) You may be subject
to an additional $3 property
passthrough fee for each month you use Flex, |
| Type of credit line | Pricing |
|---|---|
|
If you have an unsecured credit line equal to a portion of your rent bill |
• $14.99 monthly membership fee
• 1% bill payment fee
|
|
If you have a secured credit line equal to your entire rent bill |
• No monthly membership fee |
FAQs
We understand that rent amounts can vary each month, so Flex will adjust the amount of your payments to cover small fluctuations. However, if the rent amount posted by your property is significantly higher or lower than the estimated rent amount you provided during sign-up, Flex will ask you to confirm the rent amount that our system should process before submitting your rent payment.
You must be 18 years of age or older and qualify for a Flex credit line, which we evaluate when you apply, based on your credit report information, payment history, and other factors. You also need to have a debit or credit card to make your payments to Flex. Please note that your rent portal must allow online payments via ACH or debit card, and not all properties qualify for all Flex services.
Rent reporting is an optional feature that is included in your Flexible Rent membership. When you pay your rent with Flex, we will automatically report your on-time rent payment to TransUnion – building your on-time payment history. Flex will never report anything but on-time payments to the credit bureau(s). More details on rent reporting here.
If your property is not yet integrated with Flex, you can still use Flexible Rent! Once you successfully sign up for Flexible Rent, you’ll receive a welcome email with specific instructions on how to submit your rent with a Flex bank account or debit card.
Flexible Rent is designed to give you the freedom to use it when it works best for you whether that’s every month or as needed. With your monthly membership fee, your Flex credit line stays active and ready for when you need it. If you cancel your Flex account, you’ll need to re-apply to use Flexible Rent again in the future.
