What's auto-repayment?
Auto-repay is our stress-free answer to the cash advance repayment process. You don't need to worry about missing a due date or setting a reminder — we handle everything.
How does auto-repayment work?
We automatically detect your next paycheck date. On that date, we’ll attempt to withdraw the exact amount we advanced, plus any rush fees. No interest (ever).
What if I can't repay by the due date?
We try to coordinate your repayment date with your next expected payday to avoid overdrafts. If your due date arrives and you don’t have sufficient funds to repay the advance, we’ll attempt to withdraw as much of the repayment as you have available to repay. This may occur over multiple transactions until your advance has been fully repaid.
Can I repay my advance before the due date?
Absolutely! If you are able to do so, you can repay your cash advance manually. Here's how to do it:
- Tap the Instant card on the Albert home tab
- Tap the gear (⚙️) symbol in the upper right-hand corner on the Instant home screen
- Under the Status section, tap Repay now. Then, select the amount you'd like to repay, and hit Continue. Your repayment will process shortly.
Why is my Instant account suspended?
If your Instant balance isn't repaid on time, your repayment will become overdue. You'll need to repay your balance in full before you can receive another cash advance.
If your repayment is overdue by 15 or more days, you'll be suspended from using Instant for up to 30–90 days from the day you repay your advance in full.
Our ability to offer cash advances with no late fees or interest relies on the agreement that you'll pay us back when you receive your next paycheck. To maintain this agreement and ensure we can continue advance cash to our members, we must suspend members who aren’t able to pay us back on the agreed-upon date. As soon as your suspension period is up, you'll be able to advance cash again if you're eligible.
