The first of the month can create anxiety for millions of renters across America.
For Chauncy Williams, a school career counselor, it meant struggling to pay rent when his wife lost her insurance job a few years ago. The couple shares a two-bedroom apartment in Muskegon, Michigan.
To help make payments on time, Williams turned to a rent-splitting service – one of the many “rent now, pay later” companies that let Americans pay their rent in installments.
“(It helps) when a rainy day comes up, a $2,000 emergency comes up,” Williams told CNN. “A lot of times people live check to check, and