Tag: Paycheck
Posted in WP-12
Government watchdog proposes crackdown on paycheck advance products
Author: BLOGGER Published Date: 18/07/2024
The Consumer Finance Protection Bureau proposed new rules on Thursday amid a stark rise in the use of paycheck advance products. According to a report by the CFPB, at least 5% of American workers used a paycheck advance product in 2022. These products essentially provide workers with some of their paychecks days before their actual …