Flexible Pathways for Approval
Our goal is to approve as many qualified applicants as possible. If you are close to qualifying but not quite at our approval threshold, you may still have options.
Deposit Alternative
Approved residents can move in without paying a traditional security deposit, keeping more of their money available for other needs.
Learn more: https://www.obligo.com/
Cosigner
If you are close but don’t quite meet approval guidelines, a qualified cosigner may allow you to meet eligibility requirements.
Learn more: https://fullcirclevt.com/ufaq/cosigner-requirements/
theGuarantors
If you cannot provide a qualified cosigner, you may be able to purchase a bond/insurance product as a replacement.
Learn more: https://www.theguarantors.com/renter
| What is Obligo? | Obligo is a deposit alternative that lets qualified renters move in without paying a traditional security deposit. |
| Do I still have to pay anything upfront? | You won’t pay a traditional security deposit upfront. Instead, if approved, Obligo charges a small fee for their service — allowing you to keep your cash available for other needs. |
| How do I know if I qualify? | Obligo runs a secure authorization process. If you are approved, you’ll receive an invitation from Obligo to enroll. |
| Does this replace my monthly rent? | No. Rent is still paid normally. Obligo only replaces the deposit requirement. |
| What happens if there is damage or unpaid rent? | If charges occur, Obligo may bill you later — similar to how a deposit would be used after move-out. |
| Can I still choose to pay a traditional deposit instead of using Obligo? | Yes. Obligo is optional. You may choose whichever you prefer. |
| Do I contact Full Circle or Obligo for questions about the deposit alternative? | For questions about billing or authorization, contact Obligo directly. For general leasing questions, contact Full Circle. |
| What is the difference between Obligo & TheGuarantors? | Obligo lets approved renters move in without paying a traditional security deposit. TheGuarantors provides a bond/insurance product to help you qualify if you do not have a qualifying cosigner. |
| Can anyone use Obligo or TheGuarantors? | No. You must still meet our minimum income + credit screening guidelines to be eligible for either program. |
| Can I use TheGuarantors and Obligo together? | Yes. TheGuarantors helps you qualify for approval, and Obligo lets you move in deposit‐free. Using Obligo keeps cash available — including helping cover costs associated with TheGuarantors bond if applicable. |
| Can I Use Obligo at Any Property? | No – Obligo is only available at properties that accept online payments enabled. |
How do I use Obligo (Deposit Alternative) if I want this option? | Step 1: Apply for an available rental through Full Circle and receive an approval decision based on our standard screening criteria. Step 2: Once you are approved and ready to move forward, we will invite you to activate Obligo before your lease signing, allowing you to review the program details, terms, and any associated fees. If you meet Obligo criteria and choose to their deposit alternative, you would not pay a traditional cash security deposit. This program is voluntary — you may still choose a standard security deposit instead if preferred. |
Does Full Circle make money if I choose Obligo? | No. Full Circle does not receive any financial benefit or commission if you choose Obligo. We offer this option simply to provide a flexible pathway that allows more qualified renters to move forward without needing to pay a traditional cash deposit. |
