How do cash advance apps work, and are they better than payday loans?

If asked to picture a payday lender, you might think of a storefront in a strip mall with green dollar signs and neon slogans like “everyday’s payday.” You probably don’t picture a mobile app that advertises on TikTok and sports a colorful logo. But cash advance apps like Earnin and Dave provide advances…

Link: How do cash advance apps work, and are they better than payday loans?
via http://www.marketwatch.com

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