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Smart Safety: Paying a Landlord by App

Motherhood Moments

The landlord asks you to secure the property with a quick payment. According to CNN , hundreds of millions of dollars’ worth of fraud is occurring on the popular peer-to-peer payment service, and banks aren’t reimbursing 90 percent of the victims. This scenario is the basis for what’s known as “the fake landlord scam.”

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Meet a Reader | Karen from the Great Lakes

The Frugal Girl

That did teach us a lesson about home ownership: that it was something we were taught was a mark of being an adult, but really, when you “own” a home, unless you’ve paid off the mortgage, the bank is your landlord and you’re just renting. We rent now and are much happier.

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