What are PadSplit's income requirements?

Your income must be verified as part of PadSplit's application process. Applicants may choose to have their income verified in one of two ways:

• By connecting their bank account via Plaid. Plaid will automatically check your account for recurring income streams.
• By uploading supporting documents such as pay stubs, bank statements, deposit statements or award letters.

When you pass our Membership criteria and your income is verified, you will be approved for a weekly room rate. 

• W-2 or 1099 applicants will be approved for a weekly room rate equal to half their verified weekly income.
• Applicants on SSI will be approved for a weekly room rate equal to 2/3 their weekly income. 

You can still qualify for Membership if you are on unemployment or between jobs, but you will need to pay more Membership dues upfront.

• Applicants on unemployment will need to pay 8 weeks of membership dues up front and are limited to booking rooms with a weekly rate under $160.
• Applicants who are between jobs will need to pay 12 weeks of membership dues up front and are limited to booking rooms with a weekly rate under $160.