How a new class of online lending apps, which promise to "advance" users' wages, are much the same as traditional payday lenders (Sidney Fussell/The Atlantic)


Sidney Fussell / The Atlantic:
How a new class of online lending apps, which promise to “advance” users’ wages, are much the same as traditional payday lenders — Apps promising to “advance” a user’s wages say they aren’t payday lenders. So what are they? — Jonathan Raines needed money. An app promised to help.
How a new class of online lending apps, which promise to "advance" users' wages, are much the same as traditional payday lenders (Sidney Fussell/The Atlantic)
Source: Tech Meme