At Livble, we’re committed to providing flexible rent-splitting options with clear and transparent pricing. To help you plan ahead, here’s a breakdown of the costs associated with using Livble, along with tips to minimize fees and ensure smooth, on-time payments.
Livble’s Pricing Breakdown
Membership Fee
Amount: $30/month
Debit Schedule: Charged on the 10th of each month (or the next business day if the 10th is on a weekend or holiday).
When Membership Fees Are Charged
Membership fees are only charged to users who have split rent with Livble and have an outstanding balance.
If you don’t pay your installments within the split-rent month and your balance carries over into the next month (without splitting rent again), the membership fee will continue to be charged until your balance is fully paid or you unsubscribe.
Unsubscribing
You can unsubscribe at any time, but unsubscribing will restrict your access to key features like splitting rent.
If you unsubscribe after splitting rent in a given month, you’ll still be charged the membership fee for that month. No further fees will be charged unless you split rent again after re-subscribing.
Exceptions
We do not charge membership fees to users who have applied and were declined, or those who never used Livble’s services.
Processing Fees
Avoid additional costs by choosing when to split your rent. Here’s how our processing fees are structured:
Split Rent Date | Processing Fee | Example Scenario |
By 11:59 PM PT on the 1st | $0 | Split rent on the 30th of the month, no processing fee applies. |
Between the 2nd and 3rd | $5 | Split rent on the 3rd, a $5 processing fee applies. |
Between the 4th and 5th | $10 | Split rent on the 5th, a $10 processing fee applies. |
Splitting your rent early, ideally by the end of the prior month or by 11:59 pm PT on the 1st, helps avoid processing fees and ensures your payments are submitted on time.
Other Fees You Should Know About
NSF (Non-Sufficient Funds) Fees
If an installment payment fails due to insufficient funds (NSF) in your account, Livble may charge a $25 NSF fee. Your bank may also charge its own NSF fee, so make sure there’s enough in your account to cover your installments.
Keep in mind - this potential fee does not apply to Membership Fee failed payments.
How to Avoid Additional Fees
Here are some tips to help you stay on top of your payments and minimize fees:
Split Rent Early: Utilize the $0 processing fee by splitting your rent before the 1st of the month.
Ensure Sufficient Funds: Confirm your primary bank account has adequate funds to cover your installments and any concurrent payments.
Stay in Touch: Communicate early with our support team if you foresee any payment issues. Prompt communication helps us assist you better, preventing missed payments or other disruptions.
By planning ahead, you can make the most of Livble’s services, avoid unnecessary fees, and ensure on-time rent payments!
If you have any questions or concerns about your pricing or fees, feel free to reach out through the Livble app.