10 million Americans are using advance loan apps to get their paychecks in advance—and it’s costing them hundreds of dollars more, report finds | Fortune
fortune.com
More than 95% of payday loans through direct-to-consumer apps included fees or voluntary “tips,” and these extra charges are piling up.
    • Today@lemmy.world
      6·
      6 days ago

      There have been times when i was broke and tempted, but luckily never had to do it. My kids Klarna and they insist there are no fee, but i just don’t think it’s a good habit to get into.

      • Malica@lemmy.zip
        3·
        5 days ago

        The interest is insane in these paycheck advance shops. Criminal interest, shouldn’t be legal.