The Impact of 'Earned Wage Access' Apps on Americans' Financial Wellness
Sunday, 12 May 2024, 21:45
The Costs and Pitfalls of 'Earned Wage Access' Apps
Two years of high prices for everything from groceries to gas have left many Americans struggling between paydays. For help, some are increasingly turning to 'earned wage access' apps, which offer small, short-term loans until their next paycheck. We hear from people who use these apps and learn more about the risks involved from Associated Press business reporter Cora Lewis.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.