For each month you choose to use the "Pay Over Time" feature, we will charge you a rent advance fee equal to 1.00% of your monthly rent or home care bill payment amount.
For example, if your bill amount is $1,000, the payment processing fee is $10 ($1,000 * 0.01). The payment processing fee is payable to Sunbound and assessed on each repayment made to Sunbound. If your rent is $1,000 and you make two payments, the total payment processing fee would still be $10 in total.