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Employers could offer lower interest payday loans

By Hicbd
Mon Oct 29 2018 6:49 pm

"The same is true of PayActiv, which allows employees access to earned but unpaid salary through a mobile app before their normal payday...these dramatically lower rates are possible because repayment comes directly from the employee’s paycheck."

URL:
https://www.wsj.com/articles/a-better-alternative-to-payday-loans-1526233530
https://www.opploans.com/payday-news/payday-loan-alternative/

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Categories:
Global Poverty Global Asset Building / Financial Inclusion U.S. Poverty Payday Loans HR / Employee Benefits U.S. Personal Debt

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