Some experts concern it may create tenants’ troubles bad

As rising costs set most Bay Area inhabitants struggling to pay out book, one business is providing a cutting-edge but controversial option for renter in a bind — fund your own book with a high-interest funding.

Santa Monica-based Domuso allows some nearby renters to carry out six or 12-month finance at an ordinary yearly interest of 27 per cent to protect yourself from paying belated charges to the landlords or risk getting rid of their homes. Continue reading →