We understand that moving costs can add up. To help reduce costs we are proud to offer deposit-free renting to our most qualified renters to apply, and avoid the cost of putting down a cash security deposit.
There is no need to tie up your funds. The days of your security deposit money being locked away, collecting dust, are over. Residents who qualify for Obligo are not required to pay a security deposit at this community. Instead, you can give a pre-authorization, allowing your community manager to bill you up to a limited amount, just like a security deposit.
Residents who qualify for Obligo are not required to pay a security deposit at this community. Instead, you can give a secure billing authorization, allowing your community manager to bill you up to a limited amount, just like a security deposit
Obligo will securely test your bank account and available credit to see if you qualify for the deposit-free option. If you don’t qualify, or if you prefer to pay a traditional deposit, you can do so using the same online process.
Obligo members have used the deposit money they saved to invest, or reduce debt.
If your community manager makes a charge against your Billing Authorization, you will be able to pay the balance in installments using the payment method of your choice. Unreasonable charges may be disputed – just like a traditional deposit.
When it’s time to pay your security deposit you’ll receive a secure link to join Obligo, with more details about this service. For more information, you’re welcome to visit www.myobligo.com