Posted on

A payday lender in disguise? Nyc investigates the Earnin software

A payday lender in disguise? Nyc investigates the Earnin software

As very early wage access programs such as for instance also, PayActiv, FlexWage, ZayZoon and DailyPay gain traction, several other apps are copying their design when using an even more traditional payday-loan model — sparking attention from police force agencies along the way.

That is what occurred to Earnin, that will be usually known and bills it self being a wage that is early provider, which give employees usage of their paychecks before these are generally deposited. Continue reading A payday lender in disguise? Nyc investigates the Earnin software