The Consumer Financial Protection Bureau has proposed a rule that would treat the offerings as loans, requiring the providers to disclose their charges as interest rates. By Ann Carrns A growing ...
Paycheck advance programs give workers instant access to their wages, with no need to wait for a bank deposit. But officials warn advances are essentially just loans that come with surprisingly high ...
(The Hill) — The Consumer Financial Protection Bureau (CFPB) proposed a new rule Thursday that would categorize popular paycheck advance products as consumer loans, which the agency says will ensure ...
When Conner Smith saw an Instagram ad in early 2021 from the mobile app EarnIn offering to let him access up to $100 from his paycheck before payday, he thought it would be a convenient way to pay for ...
Military relief organizations offer interest-free loans and financial counseling during the government shutdown crisis.
MyPay, a new take on early paycheck access, is coming to a Chime account near you. Eligible Chime customers living in select states can join the waiting list and be one of the first to gain early ...
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