About Possible Membership & Possible Advance

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Contents of this Page

1. What is a Possible Membership?

2. Who is eligible for a Possible Membership?

3. What’s the cost of Possible Membership?

4. How much can I get from a Possible Advance?

5. How long will it take me to get my money after I am approved?

6. How do I pay back my Possible Advance?

7. Can I reschedule my membership fee?

8. How do I cancel my Possible Membership

9. Is there an impact to my credit when I apply for Possible Membership?

10. Why was I denied? How do I get approved

11. How often can I reapply?

1. What is a Possible Membership?

• You can get a Possible Membership for just $15 a month!
• Possible Members gain access to the cash advance feature (”Possible Advance”), making them eligible to request and get instant access to up to $300 (with no additional fees or interest).
• Applying for Possible Membership does not require a credit check, security deposit, or deposit account with Possible

2. Who is eligible for a Possible Membership?

• Currently, Possible Membership is only eligible to a small group of beta testing customers in select states. Because of this, spots are currently limited.
• We plan to expand to more states in the future; stay tuned for updates.

3. What’s the cost of Possible Membership?

• Possible Membership charges a fixed monthly fee of $15. There is no additional interest, late fees, or penalties, ever. Customers with an active Possible Membership can apply for a Possible Advance at no additional cost.
• Possible Membership fees are charged on your first payment date of the Possible Advance, and then the same day monthly thereafter.

4. How much can I get from a Possible Advance?

• You can get between $50 - $300 per Possible Advance.
• Maximum eligibility will be influenced by your cash flow analysis.

5. How long will it take me to get my money after I am approved?

• This depends on the disbursement method chosen. Those who choose instant deposit should likely see their cash advance within a few minutes after approval. Whereas ACH can take up to three business days (i.e. not including weekends and holidays).
• We'll notify via push/text/email once a decision has been made on your application.

6. How do I pay back my Possible Advance?

• Possible offers flexible payment methods that can best suit your financial situation.
• You can use the following payment methods free of charge to pay off the Possible Advance:
  • You can pay back over four small installments, with no additional fee.
  • You can also make a payment at any time, or rescheduled payments directly in your Possible app.

7. Can I reschedule my membership fee?

• Currently you can not reschedule your Possible Membership fee, which is charged on the date of your first advance payment, and then the same day monthly thereafter. It may adjust slightly for weekends and bank holidays.

8. How do I cancel my Possible Membership

• If you no longer want to use your Possible Membership and the Possible Advance feature, go to the Possible App’s Profile & Membership page. From here, you can click on the Cancel Membership button.

• If you cancel your membership before making the payment for the current month’s membership fee, you will still be charged for that month.

9. Is there an impact to my credit when I apply for Possible Membership?

• No. We do not check credit score when you apply for the Possible Membership.
• We do not report it to credit bureaus either.

10. Why was I denied? How do I get approved

• Denial is based on a combination of factors including bank account transaction history, and presence of recurring income.

11. How often can I reapply?

• As often as you'd like, but after a 3 day grace period ends.