Paying rent can be a challenge for low-income tenants, who often face various obstacles. One such hurdle is the requirement to make money order payments, which can be both expensive and time-consuming.
Appfolio, a property management software, has received criticism for this practice because some tenants feel it puts them at a financial disadvantage. In this blog, we will discuss why Appfolio should waive fees for low-income renters and explore solutions to make rent payments more accessible for everyone. Money orders are often preferred by landlords and property managers as they provide a secure and traceable payment option. However, the additional cost of money orders can be a significant burden for low-income renters who are already struggling to make ends meet. Obtaining a money order can also be inconvenient, as it may require taking time off work during business hours to go to the bank or post office. This requirement can be especially challenging for those with limited flexibility in their work schedules or lack of transportation options. While Appfolio does not mandate money order payments, landlords and property managers using the platform have the option to request them.
We believe that waiving fees for low-income renters would help alleviate financial stress and make rent payments more manageable for all tenants. Additionally, we can explore alternative payment methods that are more accessible and affordable for everyone.