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Advance pay service might reduce usage of payday advances

Americans take down approximately $50 billion in pay day loans a each racking up hundreds of dollars in fees and interest year. But a tiny and growing solution that permits its users to simply simply take an advance on the paycheck could be offering the cash advance industry a run because of its cash.

San Francisco-based monetary technology business also made headlines later a year ago when Walmart, the country’s biggest personal boss, announced it could begin providing also’s solution as an element of its worker advantages package. Sigue leyendo