These Possible Membership Terms and Conditions (the “Agreement”) govern your enrollment in the Possible Membership (“Membership”) offered by Possible Financial Inc. (“Possible Finance,” “Possible,” “we,” or “us”). Please read this Agreement carefully before enrolling in the Membership. This Agreement replaces any previous agreement you may have had with Possible related to the Membership. By enrolling in the Membership, you agree to these terms. If you do not agree, do not enroll or use the Membership.

This Agreement incorporates by reference Possible’s Terms of Use and Privacy Policy.  Additional agreements, such as electronic payment authorization agreements, also govern your relationship with Possible. In the event of a conflict, this Agreement will control. We may amend this Agreement from time to time and will notify you of changes by publishing the revised Agreement on our website. Continued use of the Membership after the effective date of any changes constitutes your acceptance of the updated Agreement.

1. Overview of Membership

   a. Membership allows you to request an advance of your earned income ("Earned Income") before it is deposited into your eligible bank account (each request referred to as a "Possible Advance" or “Advance”). Membership benefits may be modified at any time and changes will be communicated in accordance with this Agreement.

   b. To enroll in a Membership, you must meet the eligibility requirements for an Advance.

   
   

2. Membership Fee

   a. Membership is available through a paid monthly subscription fee of $15. This fee is subject to change. You are required to enroll in autopay and you must link a supported bank account that allows our third party partner to access your transaction history (“Bank Account”) to pay the membership fee. We will automatically charge your payment method for the membership fee on your payday closest to 30 days after enrollment and monthly thereafter. Your membership fee due date will be available in your account dashboard. Failure to pay the membership fee may result in suspension or termination of your Membership or benefits.

   
   

   1. Possible Advance Terms

      a. Eligibility. To request an Advance, you must:

      i. Be enrolled in the Membership and current on all fees
      ii. Not be prohibited by law from using Advance
      iii. Link a Bank Account and receive recurring income on a predictable basis
      iv. Meet eligibility criteria specified by us at the time of the request
      v. Be enrolled in autopay

      b. Advance Limit

      i. Advance amounts are determined by us in our sole discretion and are based on a variety of factors including the transaction history and balance of your Bank Account, your repayment history with Possible, and your Earned Income amount. Possible may refuse to extend an Advance to you if you have previously received an Advance but have not repaid it. Possible may, at any time, decline to extend an Advance to you, if Possible reasonably believes it is necessary for legal or security reasons, or to protect you, Possible, or a third party.

      c. Repayment

      i. Possible will charge your Bank Account for Advance repayment on the dates set forth in the payment schedule in your account dashboard or the date chosen by you when rescheduling your payment date within the App. You may choose to repay your Advance any time before the due date by initiating repayment in the App. 

      d. No Obligation to Repay

      i. You do not have an obligation to repay any of your Advances, and Possible will have no legal or contractual claim or remedy against you based on your failure to repay any Advance. However, if you do not repay an Advance or if Possible is unable to complete a repayment that you authorized, you will be prevented from obtaining additional Advances until you pay any outstanding Advance amount. 

      e. Representations and Warranties

      i. Possible will not engage in any debt collection activities if any Advance is not repaid on the due date, place the amount of an outstanding Advance as a debt with, or sell it to, a third party, or provide any reporting to a consumer reporting agency concerning the amount of any Advance.

      ii. By requesting an Advance, you represent that the Earned Income being advanced to you is due to you and that you have not received payment for any part of such Earned Income from anyone else. In addition, you agree that any instructions regarding an Advance that Possible receives from your Possible account will be considered authorized by you. You further represent that your use of Advance complies with applicable laws and contractual obligations.

      
      

3. Beta Services Disclaimer

   a. Some features of the Membership, including Possible Advances, may not be generally available to consumers and provided as part of a beta test program to gather user feedback, test features and functionality, and improve the product. These features are offered on an “as-is” and “as-available” basis and may contain defects, errors, or other issues that could impact functionality. By using beta features, you acknowledge and accept these risks. Any feedback you provide becomes the sole property of Possible. Possible reserves the right to modify, suspend, or discontinue any beta features at any time without notice.  To the fullest extent permitted by law, Possible disclaims all warranties and liability related to your use of beta features.

   
   

4. Cancellation and Termination

   a. Cancellation by You. You may cancel your Membership at any time. Upon cancellation, you will be charged for the unpaid membership fee in the month in which you cancel and no further fees will be charge. You may cancel your Membership by accessing your membership settings in your account dashboard and selecting the cancellation option. You will be charged a membership fee in the month in which you cancel if you have not already paid in that month.  Cancelling your membership does not affect any pending debits that you have authorized. You may re-enroll at any time, if eligible. 

   b. Termination or Suspension by Possible. Possible may suspend or terminate your Membership at any time for any reason including for nonpayment of membership fees, violating this Agreement, or if we suspect misuse. Your Membership will be terminated if two consecutive monthly Membership fees are charged and you have not shown use of membership. You agree that Possible will not be liable to you or any third party for any damages associated with the termination of your Membership.

Terms are subject to change with notice provided by Possible.