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Want to pay rent in two installments instead of one? The fine print can make ‘0% interest’ costlier than it sounds.

The first of the month is a signal to millions of tenants that rent is due in full. While some landlords offer a short grace period for renters to scrounge together enough cash, fintech companies are offering a different deal: split your rent into installments throughout the month.

This isn’t new: Nearly a quarter of buy-now-pay-later users say they have used pay-in-four loans — the type that shoppers can use to buy furniture, clothes or even groceries — to pay for rent or housing expenses at least once, data from a survey by Protect Borrowers, Groundwork Collaborative and Data for Progress show.