Quarter 1 has come to a close and we have released a new update on Sprout InstaCash!
Increase of Convenience Fee
Due to the recent increase in bank interest rates and rising inflation, our loan partner, Advance has reviewed their pricing. With these changes and to be able to continuously provide quality financial service, we have also followed their fee adjustments
Starting April 1, 2023, the convenience fee for Sprout InstaCash has changed but rest assured that the computation of this is still dependent on the payment terms selected (1, 2, or 4) for the amount a user will borrow.
To know more about these changes, you may take a look at our article here: Sprout InstaCash: Convenience Fee Computation
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