The Landlord Tech Company That Turned Security Deposits Into a Monthly Fee

Rhino sounds like a good deal at first. When people move into a new apartment, they often have to pay a large lump sum security deposit to their landlord. For people who can’t pay, Rhino offers to bill them a little bit every month in lieu of the deposit. But there’s a catch: unlike security deposits, money sent to Rhino is never returned. The company uses algorithms to make the wealthy pay less than poorer people, some renters are still paying for places where they no longer live and no one, including landlords, can get the service on the phone. This week on Cyber, Motherboard writer Roshan Abraham comes on to discuss his investigation into Rhino. Stories discussed in this episode: How Landlord Tech Is Squeezing Renters Who Can't Afford Security Deposits Tenants Are Suing Landlords for Allegedly Price-Fixing Rents with Software and the Feds Could Get Involved We’re recording CYBER live on Twitch . Watch live during the week.

You can listen to The Landlord Tech Company That Turned Security Deposits Into a Monthly Fee online on Radio and Podcast. Open the player on this page to stream the available audio.

The Landlord Tech Company That Turned Security Deposits Into a Monthly Fee is an episode from CYBER by .

This episode is 52:02 long.

This episode was published on Oct 31, 2023.

Yes. Use the heart button on the episode page to add it to your favorite episodes list.

Yes. This page shows related episodes from CYBER when more episodes are available from the podcast feed.