A jetty can refer to two different things: a financial services company for renters or a structure that projects from land out into water.
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Jetty Financial Services: Jetty is a financial services company that offers multiple financial products for renters and property managers under one roof. Their products include a security deposit replacement that swaps expensive cash deposits for a low monthly or one-time payment, a more flexible way to manage rent payments, and a new credit building service built for renters. Jettys products are designed to improve the financial lives of renters and their property managers. Jetty is available in two million rental units across the country.
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Jetty Deposit: Jetty Deposit is a deposit alternative solution that replaces traditional cash deposits with low-cost surety bonds. Instead of paying a cash security deposit, renters can pay a fraction of the amount, which serves as a Jetty-backed guarantee to the property that theyll be protected in the event that the renter fails to pay for damage or skipped rent. Jetty Deposit is available through real estate partners at properties across the country.
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Jetty Rent: Jetty Rent is a loan product for rent that pays the rent on the first of every month and allows renters to pay Jetty back over one or more installments. Jetty Rent offers flexibility in payment dates and helps renters avoid late fees. Jetty Rent is available in the Jetty network.
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Jetty Structure: A jetty is a structure that projects from land out into water. It may serve as a breakwater, as a walkway, or both. Jetties have been constructed on each side of the outlet river of some of the rivers flowing into the Baltic, with the objective of prolonging the scour of the river and protecting the channel from being shoaled by the littoral drift along the shore.