1. Request a portion of their earned wages via an app.
2. Receive the funds instantly (typically within minutes).
3. Repay the amount from their next paycheck, with a small fee deducted automatically.
For example, imagine needing $150 to repair your car before payday. With NotchUp, you could advance that amount for just $5. When your paycheck arrives, the $150 and the fee are deducted, helping you avoid late payments or high-interest loans.
High Interest Rates
Payday loans can charge an APR exceeding 390%.
Debt Risks
Many borrowers fall into cycles of repeated borrowing. In contrast, EWA platforms like NotchUp offer:
• Low, flat fees (e.g., $5 per advance).
• No interest or hidden charges.
• Funds based solely on earned wages, avoiding over-borrowing.
Avoid Late Fees
Pay bills on time without relying on high-interest credit.
Emergency Relief
Handle unexpected expenses like medical bills or car repairs.
Budget Flexibility
Access earnings as needed to bridge cash flow gaps.
No Debt Traps
Since advances are based on wages, there’s no risk of accumulating debt.
Use it for urgent or necessary expenses.
Plan repayment within their budget.
Combine it with tools like NotchUp Plus for added flexibility and financial advice.
Quick Access
Funds delivered within minutes.
Affordable
$5 flat fee per advance.
Flexible Repayment Options
Pay in up to four installments with NotchUp Plus.
Credit Building
Optional credit reporting helps improve financial standing.