Instapay. Even also provides “Instapay,” a service that enables you to obtain access to your earned but unpaid wages prior to payday (each advance of wages is referred to as an “Instapay”). You repay an Instapay in one payment that is automatically made on the payday immediately following the date on which you take an Instapay. If you do not have enough funds on your paycheck to repay an Instapay, you will automatically repay the Instapay in subsequent paychecks, as discussed below in Section 10.1.2 and Section
Instapay. If your paycheck has insufficient funds to repay an Instapay, then Employer will deduct the unpaid portion of the Instapay out of a subsequent paycheck per your authorization. You acknowledge that subsequent deductions are not debt collection activities.
Instapay. If your Bank Account has insufficient funds on the scheduled pay date to repay an Instapay in full, then we will be unable to debit your account to repay any portion of the Instapay on that pay date. Under these circumstances, we will attempt to debit your Bank Account a second time on or within two days before your next pay date. You acknowledge that this second attempt to debit your Bank Account does not constitute debt collection activities. If you still have insufficient funds to repay the Instapay on the second attempted debit, then we will no longer seek to debit your Bank Account, and you will not have to repay the Instapay if you do not wish to, pursuant to Section 6.4.4 of this Agreement; however, you will not be able to obtain any more Instapays until you repay the unrecouped Instapay.
Instapay. 6.3.1 Overview of, and Eligibility for, Instapay Even also provides “Instapay,” a service that enables you to obtain access to your earned but unpaid wages prior to payday (each advance of wages, an “Instapay”). Instapays are payable in one installment on your next payday unless otherwise set forth in your Employer Addendum. To obtain an Instapay, you must meet the following requirements: • You must have a Bank Account in your name (some types of prepaid debit cards may also be acceptable). If you have a joint account, you represent and warrant that you have the authority to (a) bind the absent accountholder; and (b) enter into this Agreement independently. You further agree that you will indemnify and hold Even harmless from any claims by any other owner of the Bank Account. • You must have a current source of wages that you regularly deposit into this Bank Account. • You must have a smartphone with a data plan. You can read more about how we use data from your smartphone in our Privacy Policy. Requesting an Instapay does not require a check of your credit score. There are a few reasons we may not be able to let you obtain an Instapay. In particular, if any of the following conditions exist, you may not be able to access an Instapay: • If you do not get paid by direct deposit or supported pay card. • If you have previously received an Instapay but not repaid it. • If your Bank Account is currently or was very recently overdrawn or otherwise not in good standing. • If you recently changed the routing of your paycheck direct deposit.
