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The Rent Partners, LLC. is a financial technology company, not a bank. All lines of credit, banking services, and payment transmissions are offered by Blue Ridge Bank, N.A., Member FDIC or Lead Bank. An application and credit assessment are required for approval. Credit line amounts vary based on eligibility (graphics are illustrative only); to access a credit line, you are required to make timely payments each month. Unsecured lines of credit are provided by Blue Ridge Bank or Lead Bank for a recurring monthly membership fee of $14.99 at 0% APR. A bill payment fee of 1% of your total rent is also charged when you pay your rent using the Flex app (additional card processing fee applies when using a credit card). Memberships automatically renew until canceled. Secured lines of credit are provided by Lead Bank at 0–9% APR based on your credit worthiness. You are required to maintain a security deposit with Lead Bank. Other third party fees may apply. See your offer for more details. Positive rent payment history and information about your line of credit may be reported to one or more national credit bureaus. Terms and conditions apply. All loan proceeds are disbursed by Blue Ridge Bank or Lead Bank; neither Flex nor any of its subsidiaries disburse loan proceeds or engage in the movement of consumer funds.
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*Individual results vary. Average outcome for customers who opened a Credit Builder account with a starting VantageScore 3.0 with a credit score between 580–620 and made consistent, on-time payments for at least three months. Factors other than on time payments, including interactions with other creditors, also play a role and may impact results. Payment history will be reported to TransUnion. Past performance does not guarantee future results, and a credit score increase is not guaranteed.
© 2024 Flexible Finance Inc.
Our Story & Who We Are
The Rent Partners was founded by a group of visionary investors and landlords who recognized a significant gap in the real estate industry. The relationship between landlords and tenants, often fraught with tension and uncertainty, was a pressing issue that needed to be addressed.
One of the primary sources of stress in these relationships was the timely payment of rent. Missed or late payments could lead to financial strain for landlords, while tenants faced the anxiety of potential eviction or damage to their credit. The founders of The Rent Partners were determined to find a solution that would benefit both parties.
With their combined expertise in real estate and finance, the team set out to create a platform that would streamline the rent payment process, making it more convenient and reliable for both landlords and tenants. By addressing this fundamental issue, The Rent Partners aimed to foster stronger, more harmonious relationships within the rental market.
Copyright 2024. The Rent Partners LLC. All Rights Reserved.