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My landlord partnered with a financing company - I can pay $15/month for the luxury of making weekly payments on my rent
(lemmy.world)
this post was submitted on 20 Nov 2025
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Why would anyone do this
I just got a postcard of this in the mail!
It wasn't from the landlord though and it didn't have any identifying information.
What a garbage company.
Short answer: late stage capitalism
Long answer: Because they don't have enough money to make rent on time and the associated fees are less than the late fees. Being poor is expensive.
I just moved from a shithole place that used and promoted Flex. The alternative was $300 late fees.
Pay earlier to avoid fees?
Do you tell deaf people to just hear as well?
He said he has to use flex or pay late fees. I'm curious what the alternative to flex is that forces him to pay late fees and why paying a few days earlier somehow doesn't work to avoid fees. Just seems weird to me, but I've never been in that situation.
Brilliant, thanks!
I'm so grateful that big brain lent a fraction of their vast intelligence to think of us simple folk.
I'm genuinely curious why you can't pay earlier..
Because of a lack of funds... How is that difficult for you to understand? Are you this privileged?
I'm not privileged. I work hard 6 days a week and try to save money and pay my rent before other frivolous spending like snacks and energy drinks. I understand we are all struggling and making sacrifices. But I also know that some stuff comes first and rent is one of those things. Avoiding paying $300 in fees seems like a good thing to do and I would proba ly prioritize it.
Same reason people finance their groceries over 4 weekly payments now.
Rocket Mortgage has had this commercial for a couple years where some schlub is trudging back into his house lamenting the fact that six bags of groceries has become two (thanks to inflation). Suddenly his house starts talking to him and reminding him that he could get a Rocket Mortgage loan backed by his small amount of equity and use the money to buy groceries. Dude lights up with joy and dances into this house. It's just beyond fucked that this is obviously one of their most successful commercials. It's amazing that they can turn borrowing money for food into a positive.
I knew we were fucked when dicks sporting goods had a paper printout saying they would finance your yeti cooler on the end cap with the coolers.
I now refuse to ever own a yeti product. GFs family has a few, I refuse. The 2 yeti cups i have were gifts. And a 3rd one we found at a thrift store for $4.