Before renting from a long-term rental company, check its funds supervision account, and don't pay a whole year at once for a small discount
- High value
- Evidence A
- Saves money
- Free
- Takes some hours
- Some willpower
In plain words
Paying a year at once gets you only a small discount. If the company collapses, your deposit and the 10-odd months of rent still left are lost together. A rent loan (租金贷) is worse: if the company disappears, you still have to repay the loan month by month. Before signing, check whether it publicly lists a funds supervision account.
Translated from the Chinese original. Original book, section 15, tip 4. Content may be out of date and rules differ by place. When you actually deal with an agency, a doctor or a court, follow what local officials, doctors and lawyers tell you. Disclaimer