RentAssurance
Our Program
 
Our Program

Convenient, Secure, Assured

At NPS, we know that the best rent payments are on-time rent payments and that the only sure way to predict a prospective resident’s future payment reliability is to provide them with the structure for responsible management of their paycheck.

That’s the core of our Rent Assurance program – the prerequisite that the prospective resident initiate direct deposit of a prorated portion of their pay to NPS  from their employer or, in the case of benefit recipients, their primary source of income (e.g. pension or social security distributions), on a pay period basis. 

We know that the applicant’s deliberate effort to initiate payroll direct deposit through their employer demonstrates their future intent to pay rent on time, regardless of past payment practices that may have negatively impacted their credit score.

 

 

 

For the Resident

Rent Assurance provides a practical alternative to higher upfront security costs associated with conditional acceptance for the growing population of consumers (59M+) with credit scores in the 300-649 range.

Renter participation with Rent Assurance is completely voluntary for consumers who want to secure an apartment lease under conditional acceptance terms. Rent Assurance is only available at participating communities. Participation minimums do not apply.

Rent Assurance is also used as a cost-effective alternative to money orders.

 

 

 

 

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Phone:  866.436.2187
Email:    info@neighborhoodpayservices.com

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