Need some gas money before your next paycheck hits? Dave can help! To get an advance on your paycheck, we just need to see that you:
1) Have a job with a steady paycheck
2) Are guaranteed a paycheck
3) Can pay us back
To do this, we look at the last few months of transactions in your checking account. So, make sure you connect Dave to your checking account where your paychecks are regularly deposited.
Next, check that you have your paychecks set up as direct deposits and that your bank records show at least 2 paychecks on consistent dates (ex. getting paid on the 15th and the last day of the month).
Direct deposits are automatic, electronic payments from your employer to your bank account. Venmo, PayPal, Zelle, paper checks, etc. won’t qualify you for the full $75 advance because we can’t guarantee that it’s income.
Lastly, we want to make sure that you can pay us back. So, we check to see that you didn't immediately spend all of your money after your last payday.
That last part can be difficult - especially for those of us who live paycheck to paycheck. To help you build a cushion between paychecks, we created a budgeting feature to manage your expenses until your next paycheck.
Don’t meet our income requirements right now? Definitely come back and try again when you’re ready. We’re rooting for you!