RentFund Pre-Authorized Debit Agreement

Last Updated: July 3, 2026

Applies to: RentFund website, app, payment-option flow, payment delivery service, support communications, and related services.

Company: Rent Fund Inc. operating as RentFund

Contact: [email protected]

1. Conditional Application

This Pre-Authorized Debit Agreement applies only if a user authorizes RentFund, a third-party provider, Stripe, a bank, or another payment processor to debit a bank account or process pre-authorized debit payments. If a user does not select or authorize bank-account withdrawals or pre-authorized debit, this Agreement does not apply to that user.

2. Authorization

By selecting a bank-account payment method, entering bank details, accepting a provider agreement, or otherwise authorizing pre-authorized debit, the user authorizes the applicable payee or processor to debit the user’s bank account for amounts disclosed to the user, which may include service fees, repayment amounts, provider payments, failed-payment charges, returned-payment fees, or other authorized amounts.

3. Variable Amounts and Timing

Amounts and timing may vary depending on the transaction, request amount, payment option, provider agreement, repayment schedule, fees, failed payments, or other amounts the user has authorized. The user should review all payment schedules and provider disclosures before authorizing any debit.

4. Bank Account Accuracy

• The user must provide accurate bank account information.

• The user must ensure sufficient funds are available on scheduled debit dates.

• The user is responsible for fees, failed payments, returned payments, NSF charges, provider charges, or delays caused by inaccurate information or insufficient funds.

• The user must promptly update RentFund or the provider if bank account information changes.

5. Cancellation of PAD Authorization

Users may cancel a pre-authorized debit authorization by following the cancellation instructions provided by RentFund or the applicable provider. Cancellation does not cancel amounts already due, transactions already processed, provider obligations, repayment obligations, or any obligation to return funds sent by RentFund.

6. Recourse and Disputes

Users should contact RentFund or the applicable provider promptly if they believe a debit was unauthorized or processed incorrectly. Certain PAD disputes may also be handled through the user’s financial institution under applicable banking rules.

7. Provider Agreements Control

If a third-party provider administers the debit or repayment arrangement, the provider’s PAD, payment authorization, or repayment terms may control. Users must review the provider’s terms carefully before authorizing payment.