You know how it goes: rent is due on the first of the month. It’s been like that since… well, as long as we can remember.
And it makes sense if you’re a property manager. Property managers need consistency to keep the business running. Did you know that the average number of apartment homes in an apartment community in the United States is 275 units? That’s a lot of households to keep track of!
But why should you, as the renter, have to come out of pocket on the first of every month? Maybe you get paid weekly and would rather spread that payment over the month. Or maybe you’re a consultant, and your income schedule varies throughout the calendar year. Why shouldn’t you, a unique person, have a unique way of paying rent?
That is why we created Pay Later.
Through a partnership with your property management company, Qira will pay rent on your behalf on the first of the month. You would then select a pay-back schedule that works for you. Qira would charge you a nominal fee (usually 1-2% of the amount deferred), and in return, you would avoid late fees and maintain control of your finances.
Here at Qira, we believe that offering renters new ways to pay rent is the right thing to do. If you’re like most renters, this is the most significant expense of the month. Why shouldn’t you have the ability to pay on your terms?
Check with your leasing team to see if you are eligible for Pay Later today!