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AppFolio Launches $2.49 Transaction Fee For eChecks Effective July 31, 2023 leading property management software AppFolio began charging a transaction free of $2.49 for all payments made via electronic check (eCheck). The fee applies to tenants paying rent at multifamily properties and owners paying HOA dues.
It refers to the method where rent is paid through the RBL credit card. They also charge a fee of 1% of your rent amount as a transaction fee. So this is the meaning of what is rent payment in credit card.
Some landlords allow you to make credit card payments directly while others accept payments made through apps like RentShare or RadPad. As long as you're not late paying the bill each month, it'll reflect positively on both your credit report and your credit score.
Some landlords allow you to make credit card payments directly while others accept payments made through apps like RentShare or RadPad. As long as you're not late paying the bill each month, it'll reflect positively on both your credit report and your credit score.
It is possible to pay rent with a credit card, but it may be more complicated and costly than you think. Not all landlords offer this option, and if they do, it's likely with an added charge to cover their transaction fees. Still, many people find that the benefits ? namely, convenience ? could outweigh these fees.