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How NPS Works

In exchange for securing an apartment lease, residents agree that a portion of their weekly paychecks will be direct deposited electronically to NPS and forwarded monthly to the property company when rent is due

  • Vacancies decline since more applicants can be approved based on their ability to pay through NPS, resulting in more revenue to property managers.
  • Delinquencies decline since more residents can overcome their payment problems by “putting aside” a portion of rent on a weekly basis, removing the temptation to use money for other expenses.
  • Communication improves with weekly NPS early warning status reports detailing resident payments.

PDF file download Download the NPS benefits summary page


HOW IT WORKS


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tenant
  • Access to housing
  • Opportunity to build credit
landlords
  • Revenues increase with more approvals
  • Delinquencies decreased with more consistent payments
  • Property Company control improved with weekly reports
nps
  • Safeguard against delinquency
  • Proven payment systems that process millions of dollars daily
  • Secure resident – property company transactions
  • Fully bonded