More Renters Are Using Tools to Skip Security Deposits, but There’s a Catch

Date:

June 5, 2026

Third-party services charge fees to help renters bypass some upfront costs of signing a lease. Unlike traditional deposits, the money won’t be returned to tenants.Third-party services charge fees to help renters bypass some upfront costs of signing a lease. Unlike traditional deposits, the money won’t be returned to tenants.

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