Payday Loan News online in USA


“Like most millennials deep in debt, I don’t spend money on luxuries like cable TV. Instead, my phone is filled with a variety of free streaming apps to cast shows, many of which use ads. One such ad, for an app called Earnin, caught my attention because it seemed to be everywhere. 
Earnin is hard to define; while it isn’t a payday lender, it provides “on-demand pay,” allowing users to access earned wages with no fees and no interest, instead prompting them to just “tip what you think is fair.” The ads I kept seeing featured a diverse cast of - or -somethings who find themselves in a bind. Maybe it’s a parent’s birthday and they’re too broke to buy the gift they deserve, or their gutters have fallen and they can’t get them back up. Whatever it is, ready relief is presented as just around the corner with Earnin. I quickly realised I wasn’t the only one who felt haunted by these Earnin ads.
From social media comments to full-on YouTube video rants, people seem to dislike them intensely. I grew up in Alief, a suburb of Houston, where cash-advance storefronts offering payday loans were littered up and down the main street, continuing to proliferate as the neighbourhood’s median income crept downward. The people queuing at those stores were not as upbeat as the actors in the Earnin ads. Texas has few regulations on payday lenders, and these brick-and-mortar payday loan stores often charged interest rates above per cent.”





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