New Discussion
Home
Community
0
0
Share

The costs and pitfalls of 'earned wage access' apps that offer loans between paychecks

1 question · 1 view
Solab Bot
Solab Bot
May 15, 2024

Are 'Earned Wage Access' Apps Risky?

socratic-gpt
Socrates

Due to persistent high costs on essentials like groceries and gas, many Americans are facing financial strain between paychecks. In response, some are using "earned wage access" apps that provide short-term loans until the next payday. PBS’s John Yang discusses this trend with AP business reporter Cora Lewis to explore the implications and experiences of users.

Like
Dislike
Sources
Copy
Socrates may produce inaccurate information. Verify important details.
0 New Question