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When is payment taken?

At what point in the process you will be asked to pay and what needs to happen first.

Joe Wigoder avatar
Written by Joe Wigoder
Updated this week

After approval

Payment is only taken after your application has been approved. You will not be charged at any point during the application or assessment process.

Before the guarantee is issued

The guarantee is not issued until payment is complete. The sequence is:

  1. Your application is approved

  2. You sign the tripartite agreement between you, your landlord, and Rentmigo

  3. You make payment

  4. Your guarantee is issued and certificates are provided to you and your landlord

No upfront cost to apply

There is no fee to apply for a Rentmigo guarantee. You are only charged if your application is approved and you choose to proceed.

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