💡 What Is an Installment Plan?
When you split rent with Livble, you can break your rent into 2, 3, or 4 intra-monthly installments to better align with your cash flow.
Once you opt into the Split Rent option:
Livble pays your full rent upfront to your landlord.
Your first installment and origination fee are debited immediately from your bank account.
You then have up to 30 calendar days to fully repay Livble with the remaining installments.
Livble automatically creates your installment plan once you’re approved.
You’ll be able to choose how many installments you’d like (2, 3, or 4) and adjust your future installment dates before confirming.
Your installments might be equal or vary slightly depending, the number of installments, the dates you select, and when you split you rent.
You’ll always see the exact amounts and due dates before confirming your split on your dahsboard
🗓️ Choosing Your Installment Dates
When selecting your plan, you can space out your upcoming installments to better align with your payroll schedule:
Choose any weekday for your remaining payments (weekends and holidays are not allowed).
All installments must be scheduled within 30 days following your first payment.
There must be at least 2 days between each payment.
Your first installment date cannot be changed or delayed — it’s always due immediately when Livble pays your rent.
Livble automatically calculates your installment amounts based on your rent, the number of installments you select, the dates you choose and when you split your rent.
You’ll always see your full plan, with exact amounts and due dates before confirming.
💰 Tip: For the most flexible plan and lower overall cost, split your rent early in the month.
Splitting earlier gives you more time to spread your payments and can help reduce costs and any related fees.
✅ Best Practices
Plan smart, think ahead.
Keep funds ready for your first payment — it’s due immediately.
Schedule your future installments before the 25th to avoid overlap with next month’s rent.
Set your installments as early as possible to stay ahead of next month’s rent cycle.
ACH payments take 2–3 business days to process.
You can always view your full installment schedule in your Livble account after confirming.