CFPB cracks down on popular paycheck advance programs. Here's what that means for workers

The watchdog proposed a rule that would label earned wage access programs as loans. Fees would need to be expressed in APR terms, like a credit card.

Jul 20, 2024 - 00:00
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CFPB cracks down on popular paycheck advance programs. Here's what that means for workers
The watchdog proposed a rule that would label earned wage access programs as loans. Fees would need to be expressed in APR terms, like a credit card.