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Are early wage access products a worker-friendly innovation — or loans that need regulation?

Saturday, October 23, 2021
Jillian Berman | Market Watch
Rebecca Borné
Now, a group of consumer advocates is asking the Biden-era CFPB to reverse that decision. Earlier this month, a coalition led by the National Consumer Law Center and the Center for Responsible Lending, wrote to the agency urging officials to regulate earned wage access products as credit.