A disturbing Reddit data point from this afternoon- someone said their rent fluctuates every month because the building's utilities are not individually metered, so the landlord splits the actual costs between the tenants each month. The variations were less than $100 each month.
Apparently this month, Bilt sent out their rent check, then flagged the account due to the monthly variations in rent payment and stopped payment on the check, and never told the user. It was only when the check bounced with the landlord that the user contacted Bilt, found out their account had been suspended, and was requested to submit a copy of their lease for review, which could take 3 weeks.
When I rented, my situation was similar. The apartment complex added fractional trash, water, and sewer bills to the rent statement each month, causing a slight variation.
This is all the more reason to do have your property management company do an ACH pull if that's an option.
Originally Posted by
Dr Jabadski
Please provide Bilt or WF Financial Institution name and address or direct me to where on the Bilt website I can find that information.
A web search for the provided routing number corresponds to Evolve Bank & Trust for me as well. I agree with the information
josephstern indicated.