How is the due date calculated?

To help ensure that you'll have sufficient funds to cover your payment and replenish your available Instacash, we try to align your payment due date with your next expected deposit in your account. Our sophisticated prediction system looks at your previous deposits and predicts when you will get your next one, and we then schedule your Instacash repayment for that date.

While our paycheck prediction system is highly accurate, there may be times when your Instacash payment date doesn't line up with your next deposit exactly. If that happens, don't worry. As long as you make your repayment within five business days of the due date, you won't incur any late fees.

Note that when you take Instacash that is not delivered instantly, the next due date may be too soon. In such cases, to ensure we do not set a due date before you will receive the cash, we push this date back to give you enough time to receive and use your Instacash. In cases where you have taken two advances in the same cycle, you may even have two repayment dates. For example one for funds that were delivered instantly, and a second one for regularly delivered funds.

If our system can't predict an upcoming deposit, it may set your Instacash repayment date to the second Friday following the day you took the Instacash.

Please note that even if you do not receive a deposit on or around your Instacash payment date, you do still need to repay your advance by ensuring you have enough funds in your account on the due date or within five business days after. 

 

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