Leap Description
Leap is an innovative digital service that offers alternative solutions to traditional security deposits and guarantors within the rental industry. It serves as an institutional guarantor for individuals who may not meet certain income or credit criteria set by landlords. Additionally, Leap caters to applicants who do not possess a Social Security Number or Individual Taxpayer Identification Number.
By providing these alternatives, Leap makes renting more accessible and assists tenants in securing their desired apartments. The platform also ensures timely rent payments to property owners, enhancing the overall rental experience for both parties. Although Leap conducts a thorough credit check on potential renters, it has a negligible effect on their FICO scores, allowing individuals to maintain their credit health while navigating the rental process.
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Leap User Reviews
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Likelihood to Recommend to Others1 2 3 4 5 6 7 8 9 10
From an Owner - AVOID Date: Sep 24 2026
Summary: One of the worst, if not the absolute worst, third party services I have ever used as an owner/manager. I would never use this product at any location under any circumstances.
Positive: No positive impact on any aspect of our business. Use of LEAP resulted in renting to tenants who otherwise did not qualify, and LEAP did not pay when they defaulted despite the coverage.
Negative: Despite collecting their fee they will do everything they can to avoid paying you out when you actually have a claim. So you end up with tenants who you wouldn't have rented to without LEAP, and when LEAP should pay, they don't.
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Likelihood to Recommend to Others1 2 3 4 5 6 7 8 9 10
If I could give less than 1 star, I would Date: Jun 03 2025
Summary: Everything would be fine, if they could speed up their process and have an actual person properties and tenants could speak too. The number they have doesn't help at all. It's as pointless to call than it is to email.
Positive: They have decent prices for residents. I have nothing else to say as a pro for LeapEasy.
Negative: When they get busy it takes weeks for them to review and application and weeks to respond to emails asking for updates. I had so many potential tenants lose a place to live due to their timing issues.
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