Some authorities fret it could generate renter’ difficulty bad
As growing prices depart numerous gulf locations residents striving to cover book, one business offers a forward thinking but debatable option for renters in a bind — loans the rent with a high-interest funding.
Santa Monica-based Domuso allows some neighborhood renters to take out six or 12-month financial products at a normal annual monthly interest rate of 27 percent in order to avoid paying late charges to their landlords or chances getting rid of their houses.