You’ve just paid for a subscription and yet you don't qualify for a $100 advance. Or you can only get a fraction of the full amount.
Really frustrating.
The thing is, advances are designed to be a parachute – they're for use in emergencies, to keep you afloat until payday. They've not meant to solve all your financial problems.
Whether you qualify is based on how likely you are to be able to pay an advance back, which is calculated based on your paycheck, your spending habits, and your budget.
What can I do to improve my eligibility?
The good news is you can become eligible over time. Here are some reasons why you might not be eligible right now:
Insufficient funds in your account. You need to have a regular income to pay back an advance. Make sure you connect the account where you get paid.
Too many cash withdrawals, missed payments, not enough transactions or a low account balance.
Your bank isn't supported, so your transactions aren't visible.
You might have no connected accounts at all.
You've missed or are frequently late with subscription payments.
If you don't qualify at the moment, you can get coached on how to change this. Just type “do I qualify” in Chat to find out what you have to do to get that advance.
Want more? Check out our blog for all things personal finance.