When you moved into your current apartment
you probably had to give a security deposit
When you get it back
try not to get too attached
because you'll have to give it away again when you move to your next apartment
Billions of dollars are used for deposits
and they may as well be buried underground
It's likely no one will ever use them!
Why do landlords need deposits anyway?
Ah yes, in case you cause damages, but... here's a silly thought:
What if you could keep your deposit?
and only pay for damages
if you actually cause damages?
that would make a lot of sense
but without your deposit, how can your landlord trust you?
It's actually simpler than you think...
just give your landlord an Obligo!
What's an Obligo?
An Obligo is a secure billing authorization that allows your landlord to bill you for damages
there's three important things you need to know about an Obligo:
It's safe: Your landlord can only withdraw up to a certain amount of money
and unreasonable claims may be disputed
just like a normal deposit
It's binding, so you won't be able to cancel the Obligo before its expiration date
unless your landlord agrees
Lastly, it's guaranteed
Obligo always pays your landlord in full as soon as a claim is made
If you're short on cash, Obligo can bill you in monthly installments
Got it? Alright!
Your Obligo is set up
and you can have your deposit back at a click of a button!
Just one more thing left to think about...
What are you going to do when you get your deposit back?