A payday lender in disguise? Nyc investigates the Earnin application
Some other apps are copying their style while using a more traditional payday-loan model — sparking attention from law enforcement agencies in the process as early wage access programs such as Even, PayActiv, FlexWage, ZayZoon and DailyPay gain traction.
That is just what occurred to Earnin, that will be usually known and bills it self being a wage that is early provider, which give employees usage of their paychecks before they truly are deposited.