The High Cost of "Low-Cost" Deposits: Are Fintech Alternatives Eroding Renter Protections?

June 5, 2026 — As the landscape of American housing shifts, a new class of financial technology firms has emerged, promising to solve the age-old friction of the move-in process. By offering “security deposit alternatives,” these companies suggest they are easing the financial burden on millions of renters. However, a new report from the National…

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