Rent a Chicago apartment and you used to expect to have to pay a security deposit: an amount, often equivalent to a month’s rent, to be handed over to the landlord as insurance you wouldn’t damage the ...

For generations, the security deposit process has been a headache for renters and landlords. In that time, the system has seen very little innovation that benefits either party. At a time when the ...

Rhino and Jetty, the two pioneers of security deposit insurance, announced their merger today, instantly creating the largest security deposit platform in the U.S. rental housing market. Terms of the ...

Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...

In recent years, a growing number of landlords have opted to forgo traditional security deposits, a trend driven by evolving tenant expectations and changing legal landscapes. This shift is reshaping ...

The following information was released by the U.S. Senate Committee on Banking, Housing, and Urban Affairs: Senate Banking Committee Chairman Tim Scott (R-S.C.) today led a discussion on deposit ...

A group of Democratic lawmakers in the United States Senate have introduced a bill designed to assist low-income renters with their security deposit payments. The Delivering Essential Protection, ...

Safety deposit boxes offer enhanced security for valuables but aren't accessible outside bank hours. Items in safe deposit boxes are not FDIC insured; separate insurance is needed for coverage. Legal ...