Sunday, December 22, 2019

How a new class of online lending apps, which promise to "advance" users' wages, are much the same as traditional payday lenders (Sidney Fussell/The Atlantic)

Sidney Fussell / The Atlantic:
How a new class of online lending apps, which promise to “advance” users' wages, are much the same as traditional payday lenders  —  Apps promising to “advance” a user's wages say they aren't payday lenders.  So what are they?  —  Jonathan Raines needed money.  An app promised to help.



No comments:

Post a Comment

In a rare move, Apple publishes a statement and a document listing all ByteDance apps inaccessible in the US alongside TikTok, including Lemon8 and Lark (Ivan Mehta/TechCrunch)

Ivan Mehta / TechCrunch : In a rare move, Apple publishes a statement and a document listing all ByteDance apps inaccessible in the US al...