You’ve Already Earned the Money. You Can Get it Today with WageNow

You’ve Already Earned the Money. You Can Get it Today with WageNow

You’ve Already Earned the Money. You Can Get it Today with WageNow

Take this situation. You’re working and you’ve earned the money. You need it now. But the timing is off. You can’t get it until payday. And that’s four days away.

Sound familiar? Sure, we’ve all been there – waiting for payday. Someone should write a song about it.

Now there’s a solution. It’s called FinFit WageNow, and it works like this.

Employees at companies offering FinFit financial wellness employee benefit programs can receive their paycheck as often as they want. If you worked yesterday and want to be paid today, you can do that. Funds are deposited in the employee’s bank account.

WageNow is not a loan – it’s a way to access wages already earned. Where a loan might take several months to repay, WageNow is simply receiving a paycheck earlier than scheduled.

Here are two people who used WageNow, and how it worked for them.

Sandie’s Story

 
A single mother to two teenage boys, Sandie is an executive assistant to a corporate attorney. She manages her money well, owns a small home in the suburbs, drives a minivan (the boys are into soccer, so she needs a “team vehicle”) and has a good credit score. Because she is paid every two calendar weeks, her mortgage payment, due on the first of the month, and her payday sometimes don’t line up.
 
Usually she can budget for it. But her oldest son, Brad, was promoted to a more advanced league which meant new soccer uniform and cleats, as well as additional club fees. She had already earned the money, she had budgeted for it, and it’s coming in her next paycheck. But the timing was bad.
 
Fortunately, Sandie’s benefit package at work included FinFit Financial Wellness. She had signed up immediately and enrolled in the WageNow feature. Online, at home, she completed a WageNow request for $500. The next day the funds were in her bank account. She wrote a check to Brad’s soccer club, paid the mortgage online, and relaxed. Life is just a matter of timing.

Louis' Story

 
As a former small business owner, Louis understood cash flow all too well. A customer has been billed but hasn’t paid yet. The business needs the money now but can’t get it.
 
Weary of the stress, Louis had closed his business and taken a job as a fulfillment warehouse manager for a national retailer – and found that cash flow problems never take a holiday. He pays monthly alimony and child support to his ex and their three children, who live with her. This month there are two birthdays, his car loan and rent that are all coming due on Tuesday.
 
Louis makes good money and can afford it, but the payouts and the paydays were not lining up. When he went to work at the warehouse, he had joined a FinFit employee benefit program that offered WageNow. It’s a way to help manage cash flow – to get the money he’s already earned when needed. He submitted a request online and the deposit soon showed up in his bank account.
 
Car payment and rent are on time, birthday gifts are bought, and Louis meets his obligations on Tuesday. “Life is really all about managing cash flow,” he thinks.

Many Needs. One Solution.

 
As these stories illustrate, there are many times when paydays and payment days don’t line up. People often need the money today, and payday is a week away. If you’ve already earned the money, there is a way to get it now.

“FinFit is the largest and only financial wellness platform that combines all key elements of a comprehensive wellness offering, which includes assessment, development, motivation and solutions. WageNow extends the platform offerings to empower our members on their path to financial wellness. PrismHR has once again demonstrated their position as a leader in the marketplace, innovating on behalf of PrismHR customers, their clients and their employees to create value. FinFit looks forward to working with Tim Pratte and the PrismHR team,” says David Kilby, President of FinFit.

With today’s technology, there is no limit to when and how employees can get paid. WageNow provides an immediate solution.

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The FinFit Visa® Prepaid Card is issued by Central Bank of Kansas City, Member FDIC, pursuant to a license from Visa U.S.A., Inc. FinFit Loans are not sponsored, endorsed, administered by, or associated with Central Bank of Kansas City, the issuer of the FinFit Visa® Prepaid Card, who has no liability in relation to FinFit Loans. Residents of Connecticut, New Hampshire, Rhode Island and Vermont are not eligible for the FinFit Visa® Prepaid Card. This does not constitute an offer or solicitation for the FinFit Visa® Prepaid Card to residents of those states.

The FinFit Visa® Prepaid Card is issued by Central Bank of Kansas City, Member FDIC, pursuant to a license from Visa U.S.A., Inc. Certain fees, terms, and conditions are associated with the approval, maintenance, and use of the Card. You should consult your Cardholder Agreement and the Fee Schedule. If you have any questions regarding the Card or such fees, terms, and conditions, you can contact us toll-free at (833) 519-3500 – 24 hours a day.

WageNow is fully funded and managed by an affiliate of FinFit.

A per-transaction fee of $5 is charged if and when an employee chooses to access their earned wages prior to payday. There are no other fees to your organization or your employees; WageNow is fully funded and managed by an affiliate of FinFit.

Residents of California, North Dakota, South Dakota, Tennessee and Vermont are not eligible for WageNow. This does not constitute an offer or solicitation for WageNow to residents of those states.

FinFit Loans are issued by Celtic Bank, a Utah-Chartered Industrial Bank, Member FDIC. Loans subject to credit approval.

Residents of Colorado, Connecticut, Iowa, Vermont, West Virginia, Nevada and Massachusetts are not eligible for loans.

Nothing on this website constitutes an offer or solicitation for loan products to residents of those states.