Appearing in the Associated Press on April 26, 2024, Cora Lewis interviews NCLC Associate Director Lauren Saunders to discuss products billed as Earned Wage Access that are actually loans with limited transparency.
“If (Earned Wage Access) were being used by people to cover one emergency cost a year, it could be better than being subject to overdraft fees or payday or auto title loans. But being better than terrible predatory products shouldn’t be the bar.”
Lauren Saunders, associate director at the National Consumer Law Center
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