When you set up your rent split, you may notice that installments cannot be scheduled past the 25th of the month. Here’s why:
• Processing Time: Payments can take several days to process. Scheduling installments after the 25th causes delays that might impact your ability to split rent on time for the following month.
• Eligibility Assurance: This setup ensures you can split rent without worrying about pending installments affecting your eligibility.
To maintain a smooth experience, adjustments to installments must be made before the 25th of the month.
Note: If the 25th falls on a weekend or a bank holiday, the latest day to schedule an installment will be the business day before the 25th.
If you have additional questions, feel free to contact us! We’re here to help.