Is my rent reported to credit bureaus?
Through the Innago app, members can opt in to have their rent payment reported to TransUnion for free. This is a good way to help improve your credit score. Innago is further exploring partnership with [...]
Through the Innago app, members can opt in to have their rent payment reported to TransUnion for free. This is a good way to help improve your credit score. Innago is further exploring partnership with [...]
If members pay rent on time and have no outstanding rent, then they are qualified to receive any rent rebate at the end of the month.
The rent rebate is based on the member's total Phantom Equity Units and net rent. Net rent is based on full rent payment minus option credit and any expenses for the property, such as HOA, [...]
Late rent fee is a percentage of outstanding rent balance. Refer to your agreement for the specific percentage.
Rent is considered late two weeks after the first day of the month. A late fee is assessed on the remaining rent amount. If rent is late, the member is not eligible to receive any [...]
Rent is due on the 1st of the month. The first month rent is due prior to move-in and is prorated if move-in date is not on the 1st of that month.
Yes, but Upwardly strongly discourages our members from using this option as they will lose out on future rent rebates and a larger share of the home’s appreciation. Please, consult with an Upwardly advisor to [...]
Members can pay rent with a credit card via Innago. However, Innago will tack on a 2.75% fee that the member is responsible for. Upwardly strongly discourages paying rent by credit card. Upwardly’s recommendation is [...]
Members pay their rent through the Innago app. The app is free to use. Add your bank account to your Innago account and your rent will be automatically deducted from your bank account. There is [...]
Rent is dependent on various factors, such as the initial purchase price, the home’s condition, HOA, etc. Upwardly will provide an estimated rent schedule prior to making an offer on the home. The rent schedule [...]