Does Rhino do a hard credit check?
There are no credit restrictions to qualify for Rhino, although the service can make a soft credit check as a means of offering a better deal on a policy.
|Credit Repair||Credit Cards|
|Credit Reports||Auto Loans|
Do you get your money back with Rhino?
Do I get my payments back at the end of the lease like a security deposit? Rhino replaces the need for a large security deposit and your low monthly payments are not refunded at the end of your lease. Rhino fulfills the same requirement as a deposit, but at a fraction of the cost.
How does rhino security deposit work?
Rhino is security deposit insurance that replaces the need for a traditional security deposit. Instead of a large upfront cash security deposit, renters pay Rhino a small monthly fee, and Rhino insures each home for the property owner in case of damages and lost rent that might occur.
Does Rhino act as a guarantor?
Can Rhino be my guarantor? Yes, Rhino policies can also provide lease guaranty for renters that need it. … When renters enroll with Rhino, we protect their unit the way a security deposit does. Renters are still responsible in the case of excessive damage or unpaid rent.
What is Rhino leasing?
Rhino is a deposit insurance type plan that replaces security deposits. It allows us to market the properties as deposit-free. This makes it extremely enticing to tenants, especially in the multi-family market. Usually, that kind of market is extremely competitive with low or no deposit leasing at many complexes.
How can I rent with bad credit and no guarantor?
How to rent with bad credit and no guarantor: What steps to take
- Check your credit report.
- Clear outstanding debts.
- Ask your current/previous landlord for a good reference.
- Offer a larger deposit (if possible)
- Find yourself a housemate.
- Review your online presence.
- Have an honest conversation upfront.
What’s the catch with Rhino?
With Rhino, instead of paying a security deposit to your landlord, you pay about $5 to $10 a month for an insurance policy that covers your rental for damage or lost rent.
How much does Rhino cost?
|Full – single-user*|
|Rhino 7 for Windows and Mac||US$ 995|
|Flamingo nXt 5||495|
|Upgrade** an old version – single-user*|