All Collections
Landlord Resources
Rent Payments
Understanding Lvble: A New Flexible Rent Payment Solution
Understanding Lvble: A New Flexible Rent Payment Solution

Lvble, a flexible rent payment feature with a $30 monthly fee. Outlines on eligibility, how to use it, and FAQs.

TurboTenant Product Team avatar
Written by TurboTenant Product Team
Updated over a week ago

Introduction

We're thrilled to introduce Lvble, a flexible rent payment solution designed to give you more control over your finances. If you've been granted early access to this feature, you'll be able to split your rent payment into 2, 3, or 4 chunks to be paid back throughout the month, all while ensuring your landlord is paid upfront.

What is Lvble?

Lvble is a credit product that allows you to set your own rent payment schedule. Instead of making a large sum payment, you can divide your rent into smaller, manageable portions. This not only simplifies your budgeting but also ensures that your landlord receives the full rent amount upfront.

Cost of Lvble

Lvble is available for a monthly service fee of $30 as long as you have an active balance with the feature. Besides that, you'll be charged your balance according to your selected schedule.

Eligibility Criteria for Early Access

You may have been selected for early access to Lvble based on the following criteria:

  • State of Residence: You must have a lease in one of these states:

    • Florida (FL)

    • Texas (TX)

    • California (CA)

    • New York (NY)

    • Illinois (IL)

  • Payment Due Date: The rent due date must fall between the end of August and the beginning of September.

  • Balance Due: You must have a rent balance due.

  • Minimum Balance: The balance due must be greater than $300.

  • Maximum Balance: The balance due must be less than $4000.

Note on Eligibility

If any of the above criteria was not met due to an account update, you will not be able to access the Lvble feature, even if you were initially selected.

How to Use Lvble?

Follow these steps to take advantage of Lvble:

  1. Login: Navigate to your renter's dashboard.

  2. Payments Tab: Click on the "Payments" section.

  3. Choose Lvble: If eligible, you'll see the Lvble option.

  4. Go Through Lvble Flow: Select how to split your payment (into 2, 3, or 4 chunks).

  5. Approval: Your eligibility will be confirmed, and your payment schedule will be set.

  6. Landlord Payment: The full payment to the landlord will be triggered upfront according to your approved schedule.

Frequently Asked Questions (FAQs)

I Don't See the Lvble Option. Why?

If Lvble is not visible in your dashboard, it's likely you haven't met one or more of the eligibility criteria. For clarifications, please contact our support team.

Are There Additional Fees?

There is a $30 monthly service fee for using Lvble. Besides that, you'll be charged your balance according to your selected schedule.

How Does Lvble Work With My Landlord?

Your landlord receives the full rent payment upfront, so they are not affected by your selected payment schedule.

Need More Information?

For any more questions or concerns, please reach out to our support team at [email protected]

We're excited to offer you this early access opportunity to Lvble. Your experience and feedback are invaluable!

Did this answer your question?