No, I still have the option of paying it all at once without going through this finance company. But they’ve been spamming my email letting me know about the “new payment option.”
That’s when you reply to the company and tell them that you find their policies rather predatory and not too dissimilar from low-class “payday loan” companies and that you want them to remove you from their mailing list and you will from now on mark any emails from them as spam, and sent straight to the trash.
CC it to the landlord as well.
He has the right to use their services, but you have the right not to do business with them. Your agreement is with the landlord NOT a third party that came in after the fact.
All at once? It’s either monthly with fees or a whole year of payments? This sounds illegal but what’s legal these days. I would say fuck this guy and give him a check every month and if he refuses then put it in a escrow account and tell him if he will only take one lump payment then he can wait until the end of the year to collect it.
By forcing lump payments they are removing your bargaining power when shit goes wrong. Withholding rent is the only power a renter has.
Your landlord is a fool! They should have raised the rent by that same amount and then offered you a $10 a month discount to pay it all at once.
Rookie doesn’t know how to play a numbers/scam game. /s
In truth, sorry you are only being given such a scummy “option”. The simple math shows that the more often you pay (i e. the earlier the recipient gets your money) the more they make in the long run. They should just do that and be decent about the whole thing.
andros_rex@lemmy.world 9 hours ago
No, I still have the option of paying it all at once without going through this finance company. But they’ve been spamming my email letting me know about the “new payment option.”
foodandart@lemmy.zip 7 hours ago
That’s when you reply to the company and tell them that you find their policies rather predatory and not too dissimilar from low-class “payday loan” companies and that you want them to remove you from their mailing list and you will from now on mark any emails from them as spam, and sent straight to the trash.
CC it to the landlord as well.
He has the right to use their services, but you have the right not to do business with them. Your agreement is with the landlord NOT a third party that came in after the fact.
kkj@lemmy.dbzer0.com 6 hours ago
Report the emails as spam, especially if they’re from the loan shark directly.
ThePantser@sh.itjust.works 8 hours ago
All at once? It’s either monthly with fees or a whole year of payments? This sounds illegal but what’s legal these days. I would say fuck this guy and give him a check every month and if he refuses then put it in a escrow account and tell him if he will only take one lump payment then he can wait until the end of the year to collect it.
By forcing lump payments they are removing your bargaining power when shit goes wrong. Withholding rent is the only power a renter has.
andros_rex@lemmy.world 8 hours ago
I mean all at once as a monthly payment, not for the full year.
ThePantser@sh.itjust.works 8 hours ago
Ahh then just block the emails.
Trigger2_2000@sh.itjust.works 3 hours ago
Your landlord is a fool! They should have raised the rent by that same amount and then offered you a $10 a month discount to pay it all at once.
Rookie doesn’t know how to play a numbers/scam game. /s
In truth, sorry you are only being given such a scummy “option”. The simple math shows that the more often you pay (i e. the earlier the recipient gets your money) the more they make in the long run. They should just do that and be decent about the whole thing.