Allow us to help reduce the anxiety related to managing your budget. Fair Payments will help you set up an easy budget that you can understand and automate it to help improve your on-time payment performance.
We take your overall monthly bills and loan payments and then compare your total monthly obligations to your monthly income.
We then look at your number of payment cycles each month and divide your total monthly payments by the number of pay cycles, typically using a weekly or bi-weekly cycle to come up with the number of equal installments to debit your account.
Our scheduling software then notifies our issuing bank to debit your account and hold the funds in an FDIC insured account at the bank until your loan or bill due date. This helps ensure that you reserve sufficient funds out of each pay cycle to cover all of your monthly bills.
Our scheduling software looks for your due date and notifies our issuing bank when it is time to make a payment to your lender or biller.
Utilizing a bi-weekly or weekly payment schedule can also help you reserve an extra payment for loans that may help you pay your loan off sooner or help you pay down your higher interest rate debt sooner. Please refer to our Customer Agreement and Terms and Conditions to learn more.
It’s easy to get started on your path to a stress-free way to automate
your monthly budget.
Get all of your income and bill-related documents and other information together, such as:
Use our budget analyzer to determine the best payment cycle to set up your monthly budget. We take your overall monthly debt and divide it equally among your payment cycles to help ensure you are setting aside enough money from each pay cycle to meet all of your monthly obligations. We can even help you make additional payments to pay down some of your debt faster or pay down your higher interest rate debt first. Please refer to our Customer Agreement and Terms and Conditions to learn more.
Once you enroll, we take it from there. You can feel confident that you have taken charge of your budget, automated your payments, and helped to improve your on-time payment performance.
Just remember to come back and update your profile any time your monthly budget information changes:
The Fair Automated Budget Payment Program is issued by Florida Capital Bank. All funds collected from customers are FDIC insured up to Florida Capital Bank's FDIC limits. Our software allows you to schedule debits to your bank account each pay period and our payment program automates your payments to your lenders on the applicable due dates that you set.
Please refer to our Customer Agreement and Terms and Conditions for complete details on how the program works, your rights and responsibilities under the program, and for a complete schedule of fees. We take your privacy very seriously and take every step to ensure the safety and security of your information. Please click here for a copy of our Fair Privacy Notice.
The PaywithFair®Budget Program (the “PaywithFair® Budget Program”, “Budget Program” or “Program”) is issued by Florida Capital Bank (“Bank”), member of the FDIC. The Program is marketed and distributed by Fair Payments, LLC (“Fair”) and is administered, marketed, and distributed by GATHRR, LLC (“GATHRR”) on behalf of Florida Capital Bank.
PaywithFair® Budget Program virtual prepaid accounts (“Accounts”) are issued through Florida Capital Bank, member FDIC. Fair is a limited agent of Florida Capital Bank and GATHRR and is authorized to administer, market, and distribute the PaywithFair® Budget Program on behalf of Florida Capital Bank. Refer to your PaywithFair ® Budget Program Customer Agreement and Terms and Conditions for a complete list of details including the costs, fees, limitations, terms, and conditions associated with the virtual prepaid Account as well as your rights and responsibilities under the Program.
The funds in your Account will be FDIC insured up to the maximum FDIC insurance limits applicable to Bank. The insured amount may increase or decrease and is subject to limits set and reset by the FDIC from time to time. Additional information about deposit insurance is available on the FDIC’s website at https://www.fdic.gov/resources/deposit-insurance.
Please refer to the Fair Privacy Notice. for complete details on how we use and share the information we collect from you.
IMPORTANT INFORMATION FOR OPENING A PREPAID ACCOUNT: To help the federal government fight the funding of terrorism and money laundering activities, the USA PATRIOT Act requires Fair to obtain, verify, and record information that identifies each person who opens a prepaid Account.
WHAT THIS MEANS FOR YOU: When you open a prepaid Account, Fair will ask for your name, address, date of birth, and your government-issued ID number. Fair may also ask to see your driver's license or other identifying information. Your prepaid Account cannot be opened or available for use until it is activated, and your identity has been verified. If you begin the verification process but are required to provide additional identifying information, the use of your prepaid Account will be subject to certain limitations.
