By A.J. Dhaliwal, Mehul Madia and Maeve O’Leary ( October 15, 2024, 4:20 PM EDT) -- Earned wage access, also known as paycheck advance products, have emerged as a critical solution for workers seeking early access to their earned wages. The Consumer Financial Protection Bureau estimates over 7 million workers used earned wage access, or EWA, products in 2022, totaling $22 billion in transactions.[1]...
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