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Rewritten from New York Times — Business 1 min read 10 Wire-neutral 95% confidence

Renters Utilizing Services to Avoid Security Deposits

Renters are turning to third-party services that allow them to bypass traditional security deposits by paying fees. However, these fees are not refundable, differing from conventional deposits.

Third-party services are increasingly being used by renters to avoid upfront costs associated with signing leases. These services charge fees, and unlike traditional security deposits, the fees paid to these services are not refundable to tenants.

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Original vs. Neutral

Original Headline

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

Neutral Headline

Renters Utilizing Services to Avoid Security Deposits

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