The pandemic made Earned Wage Access apps popular. Regulators want to rein in the fees

Apr 23 2024 by Fast Company

Many of these apps charge monthly subscription fees, and most charge mandatory fees for instant transfers of funds.

When Anna Branch, 37, had her hours at work reduced at the start of the pandemic in 2020, she suddenly noticed ads for an app called EarnIn.

Continue Reading The pandemic made Earned Wage Access apps popular. Regulators want to rein in the fees