Rent now, pay later with flexible rent payments
Paying rent shouldn’t be stressful, but when your pay schedule doesn’t line up with the first of the month, oftentimes your only option is to pay rent late, leaving you with expensive late fees, sometimes costing upwards of hundreds of dollars.
Since most properties don’t offer flexible rent, we decided to create Jetty Rent. With Jetty Rent, a flexible rent payment program, you can finally take control of your finances and pay your biggest monthly expense (rent) on a schedule that works for you.
This means no more late fees, and no more time spent stressing about paying those late fees with your hard-earned cash.
Here’s how it works
With Jetty Rent, Jetty pays your rent on the first of the month and you’ll have the time you need to pay us back.
You can apply for Jetty Rent anytime throughout your lease—when you sign a new lease, during your existing lease, or if you decide to renew your lease. Just make sure your property is part of the Jetty network that offers Jetty Rent. If you’re not sure, you can ask your property manager to find out.
Getting prequalified is quick and easy and won’t impact your credit score. With just a few pieces of information, we’ll send you a personalized quote for what you’ll pay each month. Once enrolled, there’s a $15 one-time origination fee, and after that a monthly service fee of $15-$25*, on top of your monthly rent.
Choose your rent payment date, or pay in installments
Once enrolled, Jetty will pay rent on your behalf to your property on the first of the month, and you’ll have until the 24th of the month to pay us back. You can pay us in one lump sum, say, on the 22nd of the month, or in installments, say weekly, bi-weekly—whatever works best for you!
If you do choose to pay us in installments, you can pay in as many as you like. Regardless, your entire rent balance will be due to Jetty by the 24th of the month. You'll also have the option to set up autopay in advance, that way you won’t have to remember to pay each month, making rent one less thing to worry about.
*Rates range from 7.28% to 30.00% APR. For example, if your rent is $1,400 per month (or $16,800 per year total), your monthly payment on a 12 month Jetty Rent loan at 29.54% APR may be $1,425 ($1,400 for your rent, and $25 for Jetty Rent fees). Your terms may vary and are subject to credit approval. Jetty Rent loans are made by Cross River Bank, Member FDIC.