Amna Nawaz
@PBSNewsHour·5.3M subscribers·62.2K videos
The costs and pitfalls of ‘earned wage access’ apps that offer loans between paychecks
Posted
May 12, 2024
Views
27,920
Likes
365
Engagement
1.31%
May 12, 2024
27,920
365
1.31%
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7:10Now PlayingTwo years of high prices for everything from groceries to gas have left many Americans struggling between paydays. For help, some are increasingly turning to “earned wage access” apps, which offer small, short-term loans until their next paycheck. We hear from people who use these apps, and John Yang speaks with Associated Press business reporter Cora Lewis to learn more.
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