Even’s Recourse Clause Samples

Even’s Recourse in the Event of Non-Payment of an Instapay (i) it has no legal or contractual claim against you based on a failure to repay an Instapay, and (ii) with respect to a failure to repay an Instapay, Even warrants it will not engage in any debt collection activities, place the amount owed with or sell to a third party, or report your EWA history or activity to a consumer reporting agency. However, if Even cannot recoup an Instapay repayment from your Bank Account, you will be prohibited from obtaining another Instapay from Even until the outstanding Instapay has been repaid. Moreover, Even does not waive any rights regarding identity theft, fraudulent activity, or other illegal activity, and Even will pursue instances of fraud, such as by taking legally permitted steps to recover Instapay disbursements that were fraudulently obtained. If your Instapay payment or Even Services allocation of funds is returned unpaid by your bank for reasons such as insufficient funds, Even does not apply or charge any fees. However, Even is not responsible for any overdraft fees, over-the-limit fees, or insufficient fund charges (including finance charges, late fees, or similar charges) that result from your failure to maintain a sufficient balance or available credit in your Bank Account.