Deposit-Free Technology Is Finally Here: There is no need to tie up your funds. The days of your security deposit money being locked away, collecting dust, are over. Residents who qualify for Obligo are not required to pay an upfront security deposit at our properties. Instead, you can give a pre-authorization, allowing your property manager to bill you up to a limited amount, just like a security deposit.
You’re Good For It: Obligo will securely test your bank account and available credit to see if you qualify for the deposit-free option. If you don't qualify, or if you prefer to pay a conventional cash deposit, you can do so using the same online process.
Don't Spend It All At Once: Obligo members have used the deposit money they saved for savings, to invest, or to reduce debt.
You're Still Accountable: If your community manager makes a charge against your pre-authorization, you will be able to pay the balance in installments using the payment method of your choice. Unreasonable charges may be disputed - just like a conventional cash deposit.
Deposit-Free Living Starts Here: When it's time to pay your security deposit you'll receive a secure link to join Obligo, with more details about this service. For more information, you're welcome to visit www.myobligo.com