MarketWatch: These apps offer quick cash, but some users say they’re trapped in debt. This loophole is their escape hatch.
Appearing in MarketWatch on Feb. 12, 2025, Genna Contino talks to Lauren Saunders, associate director and director of federal advocacy at the National Consumer Law Center about how earned-wage-access and cash-advance apps operate outside traditional lending rules, allowing consumers to stop repayment without harming their credit. “If somebody is really stuck in this trap, I…
