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Fintechs urge action after new banking regulations drive earned wage access services from CT

Fintechs urge action after new banking regulations drive earned wage access services from CT
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United statesJohn earlingheuserPhil goldfederJason doucetted manchesterJorgel perezMiranda margowskyAmerican fintech councilAssembly banking committeeHarvard kennedy schoolDepartment of bankingUs government accountability officeConnecticut department of bankingFinancial technology associationConnecticut departmentHartford businessWage access

Workers are paying to get part of their paychecks early It s payday lending on steroids, one expert says – NBC New York

“Earned wage access” programs have ballooned in popularity. But some experts and consumer advocates fear their fees can be like those of payday loans.

United statesNew yorkMarshall luxBen laroccoCherie chungLatif siddiqiPhil goldfederMonica burksHarvard luxHarvard chungSafwan shahMiranda margowskyThad petersonStacy greinerEconomic developmentUs government accountability office

Workers are paying to get part of their paychecks early It s payday lending on steroids, one expert says – NBC10 Philadelphia

“Earned wage access” programs have ballooned in popularity. But some experts and consumer advocates fear their fees can be like those of payday loans.

United statesCherie chungSafwan shahPhil goldfederHarvard chungMarshall luxMonica burksMiranda margowskyThad petersonHarvard luxStacy greinerLatif siddiqiBen laroccoHarvard universityDollar treeVermont house committee on commerce

Workers are paying to get part of their paychecks early It s payday lending on steroids, one expert says – NBC Connecticut

“Earned wage access” programs have ballooned in popularity. But some experts and consumer advocates fear their fees can be like those of payday loans.

United statesMonica burksLatif siddiqiPhil goldfederBen laroccoMarshall luxHarvard luxMiranda margowskyStacy greinerSafwan shahThad petersonHarvard chungCherie chungEconomic developmentFinancial technology associationDollar tree

Why one expert called earned wage access payday lending on steroids

"Earned wage access" programs have ballooned in popularity. But some experts and consumer advocates fear their fees can be like those of payday loans.

United statesPhil goldfederLatif siddiqiSafwan shahHarvard luxHarvard chungMiranda margowskyThad petersonBen laroccoStacy greinerCherie chungMonica burksMarshall luxHarvard kennedy schoolHarvard universityUs government accountability office