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This service applies only if you don't plan to withhold rent.

Posted by John on December 10, 2001 at 11:47:37:

In Reply to: Direct Deposit of Rent posted by Prince on December 10, 2001 at 11:33:23:

There is alot of reasons for going with direct deposit, but paying rent is not one of them (In my opinion). Some banks have serivces that mail or tranfer funds to pay bills. Try one of their features.
For example the bank I have provides online banking and for a fee (depending on the account) sends payment on a scheduled plan. In either case you have more control over your money just in case the landlord doesn't provide services and timely repairs.

But by all means look in to all options that best suits you.

Questions: Does the landlord furnish a rental receipt after you paid by direct deposit? Better get some.

: I found a company that enables tenants to pay rent via direct deposit to their landlord. It's so convenient (and free) - I don't have to write anymore checks or remember to make my rent payment on time. It's especially good for me since I travel a lot on business. The only thing is that you have to have your landlord enroll first.

: The company is called ClearNow. They have a toll-free number (1-866-882-5327) in case anyone is interested.


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