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These apps allow workers to get paid between paychecks. Experts say there are steep costs | Cora Lewis

These apps allow workers to get paid between paychecks. Experts say there are steep costs | Cora Lewis
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These apps allow workers to get paid between paychecks

These apps allow workers to get paid between paychecks
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These apps allow workers to get paid between paychecks

These apps allow workers to get paid between paychecks
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The emergence of earn-to-pay apps

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. “You know how they get you — the algorithms — like they’re reading your mind,” Branch said. “The ad said I...

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Experts warn of steep costs to worker wage access apps

While Earned Wage Access apps have been around for over a decade, the pandemic and its aftermath boosted their popularity.

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OppFi Announces First Quarter 2024 Earnings Conference Call

OppFi Announces First Quarter 2024 Earnings Conference Call
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These apps allow workers to get paid between paychecks. Experts say there are steep costs

NEW YORK — When Anna Branch, 37, had her hours at work reduced in 2019, she suddenly noticed ads for an app called EarnIn. “You know how they get you — the algorithms — like they’re reading your mind,” Branch said. “The ad said I could get up to $100

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With these apps, workers get paid between paychecks, but at what cost?

These apps extend small short-term loans to workers in between paychecks so they can pay bills and meet everyday needs.

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