U.S. News & World Report: Paycheck to Paycheck, but Can't Wait That Long: The Rise of Pay-Advance Apps
Workers looking to cover expenses between paychecks are increasingly using pay-advance apps to receive some of their money early. A recent study found that app users tend to increase their use of the ...
Paycheck to Paycheck, but Can't Wait That Long: The Rise of Pay-Advance Apps
The New York Times: Some Workers Are Turning to Pay-Advance Apps for Basic Expenses
Rising use “is not a signal of satisfaction,” an author of a new report says. Rather, heavy users of the apps are under “financial strain.” By Ann Carrns Pay-advance apps are marketed as a way to help ...
CBS News: What happens if you can't pay back a cash advance app?
Moneywise on MSN: 'There was no way to pay rent without another cash advance': Here's how one woman got trapped by apps offering fast cash — and how she broke the cycle
'There was no way to pay rent without another cash advance': Here's how one woman got trapped by apps offering fast cash — and how she broke the cycle
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MSN: Can you legally refuse to pay back a cash advance? Yes — but there’s a catch.
Can you legally refuse to pay back a cash advance? Yes — but there’s a catch.
Morningstar: Can you legally refuse to pay back a cash advance? Yes - but there's a catch.
Apps offering quick money are surprisingly fine when borrowers use this loophole. Earned-wage-access and cash-advance apps operate outside traditional lending rules, allowing consumers to stop ...
Can you legally refuse to pay back a cash advance? Yes - but there's a catch.
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Anastasia McClain knew she was in financial trouble when her entire paycheck was spoken for before it even hit her bank account. Each pay period, the money arrived and then vanished almost immediately ...
In today's tight financial climate, it's not uncommon to come up short between paychecks. Inflation may have eased somewhat, but the cost of living is still high, and for many, that means turning to ...
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Research shows that consumers using cash advances will only use them more often as time goes on.