New Research Finds Flexible Rent Payments Improved On-Time Payment Rates for Renters (opens original article in a new tab)
A study shows that allowing renters to split payments into smaller, timed installments improved on-time payments and reduced short-term late rent, with benefits for both residents and property owners.
- New study found that flexible rent payment options increased on-time payments by 3 percentage points.
- Properties with flexible payment options saw a 2.5 percentage point reduction in short-term late rent.
- The study linked flexible timing to longer resident tenure and lower vacancy rates.
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