Deposit-Free Technology Is Finally Here: We understand that moving costs can add up. To help reduce costs we encourage our most qualified renters to apply for our Zero Security Deposit Program. Ask about Obligo’s deposit-free service when your lease application has been approved.
You’re Good For It: You are not required to pay a security deposit at this property. Instead, you can give a pre-authorization, allowing your property 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 conventional cash deposit, you can do so using the same online process.
Don’t Spend It All At Once: Obligo members have used the deposit money they saved for savings, to invest, or to reduce debt.
You’re Still Accountable: If your property manager makes a charge against your pre-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 conventional cash deposit.
Deposit-Free Living Starts Here: 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