📝 Is There an Application Process to Use Livble?
Yes, to use Livble, you need to complete an application. Livble uses proprietary underwriting criteria to check if you’re eligible for flexible rent payments.
🔍 What Livble Looks At
Livble’s underwriting process considers a range of factors to make sure you can manage rent payments responsibly.
Cash Flow
Your income, historical cash balances, and ability to cover rent on time.
Spending Patterns
Your spending habits and budgeting behavior to confirm you can keep up with payments.
Resident Portal Data
Information from your resident portal, such as late fees, past payment behavior, and current rent balances, is taken into account.
Identity Verification
Livble checks your identity to ensure secure transactions.
Note: While we conduct a soft credit pull through our partner Array, your credit score alone does not determine your eligibility. We take a holistic approach, considering your overall financial situation, rental history, and other factors to provide a fair
assessment beyond just a simple credit score
Tip
For the best chances of eligibility, we recommend linking your primary bank account where you receive your payroll.
🔄 How Re-Underwriting Works
Livble re-assesses your eligibility on a recurring monthly basis. After successfully completing your repayment plan for the current month, Livble will perform a re-assessment to determine if you qualify for the upcoming month.
Important
If you have received a late fee from your landlord, whether from a past or present month, you will not be eligible to split rent with Livble.
🤝 Why This Matters
Recurring checks help Livble confirm that your financial situation still meets our criteria. This means you keep enjoying flexible rent payments for as long as you qualify.