Boom allows a renter to use a bank account, debit or credit card to pay their rent to any landlord, and send that payment to the landlord in the way they want to receive it. For example, if you want to use a credit card, but your landlord wants to receive a check, Boom sends the check for you. Over time, fees may apply.
Boom only stores the information you give us native to the app like your name, landlord information and account login and password. Any banking or card information you link to make the payment is captured and stored with our encrypted partners, Plaid and Stripe. These companies also store/protect almost all financial information for large companies like Airbnb, Uber, Lyft, Venmo, PayPal, Coinbase, Robinhood, Acorns, so you are fully secure.
Nothing. What makes Boom so easy is that your landlord does not even know you used it. Your landlord receives their payment exactly the way they want it (you will tell us that information) regardless of how you want to pay.
Most checks arrive within 5 business days, but can take up to 7 business days in some places. It's safe to assume that if you send the check about a week before the due date, it will arrive on-time.