Appearing in Vox on Sep. 8, 2023, Tatiana Walk-Morris goes in-depth with Lauren Saunders for a discussion on earned wage access apps, an increasingly popular service that offers users early pay, often in exchange for a fee.
“The biggest problem with these programs is they really end up [with] people paying to be paid, and that’s just wrong…
Any time there’s a fee involved in that — even a small one — that’s going to add up. And at the end of the day, all you’ve done is added more fees to your budget rather than have any greater ability to handle expenses. For low-wage workers, even a few dollars are a meal.”
Lauren Saunders, associate director of the National Consumer Law Center
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