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February 5, 2026

Renters use ‘rent now, pay later' services to manage monthly payments, but fees raise concerns

  • Services like Flex, Livble and Affirm let renters split rent payments, which they say will help them manage cash flow.
    • By KEN SWEET and CORA LEWIS
    The Associated Press

    iStock image [enlarge]
    Roughly 109 million Americans, or about 42.5 million households, are renters in the United States.

    NEW YORK — Rent can eat up an entire paycheck at the start of the month, so a growing number of renters are turning to a financial product that promises relief by letting them split the bill — for a price.


     
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