Skip to content
English - Canada
More support
Contact us
  • There are no suggestions because the search field is empty.

Who pays for Padder Guarantor?

Padder Guarantor is paid for by the tenant, not the landlord.

Here’s how it works:

  • Tenants pay a fee to Padder in exchange for Padder acting as their lease guarantor.

  • The fee amount varies based on the tenant’s credit risk, income profile, and the coverage selected, but typically ranges from 25% to 130% of one month's rent per lease (not per tenant—so roommates can share the cost)​.

  • Landlords incur no cost and receive protection against rent loss, lease breaks, and vacancy during re-leasing.

This model allows landlords to reduce screening friction and lease to a broader pool of renters, while tenants gain access to homes they otherwise wouldn’t qualify for.